Automobile industry welcomes Budget 2026 – Heres what Hyundai, Tata, Toyota & others say
New Delhi: India’s automobile industry has broadly welcomed the Union Budget 2026-27, calling it a growth-oriented roadmap with a clear push for manufacturing, localisation and clean mobility. According to senior executives of major automobile companies, higher capital expenditure and targeted incentives for EVs, semiconductors and critical minerals could strengthen demand and supply chains. Tarun Garg…