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India's economic growth: India at a tipping point, inevitable that we will be in top 3 nations by GDP soon, says DPIIT Secy

India anticipates a positive response from numerous automobile companies to its electric vehicle (EV) policy, according to Rajesh Kumar Singh, DPIIT secretary. He noted that the government has adjusted tariffs to attract manufacturers without direct spending. Additionally, he stated that India might further liberalize FDI norms in select areas under the new government. ....

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Expecting good response from many companies on EV policy: DPIIT Secy

India expects positive responses from automobile companies on its electric-vehicle policy to attract global players like Tesla through tariff tweaks. The government aims to encourage manufacturers to establish bases in India without incurring costs. Duty concessions and investment commitments are key incentives for setting up manufacturing units. Companies can import CBUs at reduced customs duty. ....

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New Delhi, May 18 (IANS) In 2012, India was at 11th place in the world GDP rankings and today, the country is at the fifth position jumping six pl ....

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