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The writer is former MD of Mahindra & Mahindra. He is currently chairman, IN-SPACe and chairman, Scale
The PLI scheme is beginning to make India a manufacturing powerhouse
However, the industry must remember that the PLI scheme is for five years only, and it must use these five years to make Indian manufacturing globally competitive
Budget 2019: Cut GST temporarily to revive auto demand, says Pawan Goenka
The additional income tax deduction for electric vehicle (EV) buyers will incentivise purchase and spur demand