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AutoExpo 2018: Govt to announce new auto policy, another one on EVs soon

The auto policy will address all industry concerns, including those on tax

Anant G Geete
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Union Minister of Heavy Industries & Public Enterprises, Anant G Geete

T E Narasimhan Greater Noida
The Government is planning to come out with two new policies in the auto space --  the  first is designed to support the automobile industry as a whole and the second will be focused on electric vehicles.

Anant Gangaram Geete, Union Cabinet Minister for Heavy Industries and Public Sector Enterprises, said that the new auto policy will be foolproof and will address all the concerns of the automobile industry.

The minister said that in the three years following the Centre's announcement of the Make in India initiative, the automobile industry has attracted the largest quantum of investments. He was confident