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Auto Inc responds to Budget 2024: Embracing the electric revolution

The automobile industry, including EV players, reacted positively to Finance Minister Nirmala Sitharaman's Budget 2024 announcement. They praised the government's focus on boosting the electric vehicle scene in India through initiatives such as expanding charging stations and manufacturing facilities, promoting electric buses for public transportation, and providing long-term, interest-free loans for research and development.

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