https://www.taxtmi.com/news?id=23102 The statement outlines a policy framework to boost the automobile sector's global competitiveness by promoting localisation, design and brand-building, and by treating Quality Control Orders as tools to raise product quality. The government pledges active engagement with industry, facilitative measures including potential freight rate reductions and credit guarantee schemes, and solicits royalty reductions by foreign principals to lower costs and improve domestic affordability and export capacity. en-us Fri, 04 Sep 2020 18:12:10 +0530 Fri, 04 Sep 2020 18:12:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23102 The statement outlines a policy framework to boost the automobile sector's global competitiveness by promoting localisation, design and brand-building, and by treating Quality Control Orders as tools to raise product quality. The government pledges active engagement with industry, facilitative measures including potential freight rate reductions and credit guarantee schemes, and solicits royalty reductions by foreign principals to lower costs and improve domestic affordability and export capacity. News - Fri, 04 Sep 2020 18:12:10 +0530 https://www.taxtmi.com/news?id=23102