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Count existing investments as incentives, say German car companies
![IndiaTimes]()
Sunday, 17 March 2024
German and other multinational companies are expressing concerns over the government's new incentive program aimed at boosting investments in electric vehicle manufacturing. They fear a lack of fair competition as special import duty rates are set to be provided only to new players, excluding existing companies. German automakers like BMW, Volkswagen, and Mercedes-Benz are deliberating their stance on the issue.
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Sunday, 17 March 2024
