The 2015 Union Budget tabled by the Union Finance Minister, Arun Jaitley did not bring the kind of reforms the auto sector expected. There are, however, a few divisions that got a boost though I believe it's largely the commercial vehicle segment that would be pleased with the changes. With the boost to infrastructure development, especially roads and highways, the addition of 1 lakh kilometres of roads to the existing 1 lakh that is presently under construction, expect a growth in demand for commercial vehicles. The increase in custom... Read More
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How the 2015 Union Budget affects the auto sector
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