Piyush Goyal asks auto industry to raise share of vehicles exports to 50% from 14% now - ET Auto
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India Vehicle Exports: Commerce and industry minister Piyush Goyal has urged the automobile industry to increase its export share to 50% of all passenger vehicles produced in India by 2030. The move is based on the country's labor arbitrage and skilled manpower pool. The Bharat Mobility Global Expo 2024, India's first global mobility expo, will feature over 600 exhibitors from over 50 countries, showcasing cutting-edge technologies and breakthroughs in mobility.

I’m not clear how the government thinks asking the automotive industry is going to help. Wouldn’t they be trying to get aa much export business as they could anyway?

I’m not sure what the export taxes on automotive or other regulations exist, but limiting them is about the only thing I can think politicians could actually do to help.

  • n7gifmdnEnglish
    1·
    10 months ago

    any recommendation where to read about this? By chance are the insurmountable differences as @[email protected] indicated being based on protectionist tariffs and taxes?

    edit: fixed spelling errors