India to enhance exports by offering incentives to auto makers

Sources report that India is looking at offering incentives over the next five years to auto and component makers, in a bid to increase local production and boost exports. The report claims that these incentives would not only depend on the sales value of the products and the company’s healthy revenue model, but will also take into account things such as the manufacturer’s presence in multiple countries.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.