Business Standard

Auto firms have neither any wish-list, nor any suggestion for Budget 2019

The auto companies do not wish to 'waste time watching the Budget'

Cars, Vehicles, automobiles
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Business Standard
As the Union government prepares to present the Budget, industry, which is usually vocal before the Budget, is quiet. Facing subdued sales, the automobile industry is worried about recent government regulations such as shifting to electric vehicles. Unlike every year, most chief executive officers of auto companies have neither any wish-list, nor any suggestion. Why? Because "the government will do what it has to" and the companies do not wish to "waste time watching the Budget".

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On Wednesday afternoon, in his reply in the Rajya Sabha to the motion of thanks on the President's address, Prime Minister Narendra

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First Published: Jun 26 2019 | 9:18 PM IST

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