The Union Budget 2025-26 has garnered significant attention from the Indian automotive industry, with key stakeholders weighing in on its impact. From incentives for electric vehicle (EV) manufacturing and critical mineral exemptions to import duty revisions and infrastructure investments, industry leaders see this budget as a step towards strengthening India’s position as a global automotive hub and making electric vehicles affordable. While many have welcomed the focus on clean mobility and domestic production, others call for further GST rationalisation and says that the long-term policy support is still pending. Here's how top executives and industry associations are responding to the latest announcements
