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Indian automotive industry: The road ahead

Admin - Posted on: 23/Jun/2016

An obvious way to achieve this is to abolish the prohibitive import tax laws that currently mean foreign electric cars are priced out of the Indian market. Outside of India, the electric car segment has taken huge leaps forward in recent years and is filled with a number of brilliant zero-emission cars. But India’s steep taxation laws on overseas cars have stopped manufacturers bringing their technology to the country, and the vehicles themselves remain a distant dream for Indian buyers unable to stomach the added cost.

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