List of articles tagged: Indian government

Government has asked the carmakers to cut down the price hike announced on their top models over the last couple of months. The government had reduced the excise duty on all models by 4% in December 2008 and now has advised the car manufacturers that it won’t entertain the price hike.

The Indian government will fund the Indian automotive manufactures for their R&D expenses. Small manufacturers will get 100% funding to upgrade their technology.