Budget 2025 Expectations Live Updates: Income tax relief, record capex for Indian Railways, highways on the cards? All eyes on FM Sitharaman – The Times of India

Budget 2025 Expectations Live: Auto EV sector stands at a transformative juncture

“With the rapid growth in vehicle ownership, increased focus on electric vehicles (EVs), and the rising demand for organized servicing solutions, the sector stands at a transformative juncture.

We expect that the budget places a strong emphasis on funding for infrastructure that supports the EV ecosystem, like tax credits for green technology adoption and subsidies for establishing EV service centers. In order to satisfy future industry expectations, measures that support technicians’ upskilling in handling next-generation vehicles—both electric and autonomous—will also be essential.

Another area that requires assistance is the strengthening of digital and technological integration in the automotive service industry. Efficiency and customer happiness will increase if startups and companies investing in AI-driven diagnostics, predictive maintenance, and customer-centric solutions are given incentives.

The automotive service sector may increase its contribution to job creation, environmental sustainability, and the expansion of India’s automotive industry with focused government interventions,” says Himanshu Arora, CEO and Co-Founder, GoMechanic.