I am confident that the Union Budget 2024 will accelerate India’s sustainable growth, particularly in the manufacturing and technology space. By prioritising R&D and cross-sectoral collaboration in clean tech and mobility, the budget should aim to drive both innovation and economic growth. We anticipate robust support for electric mobility with a focus on building charging infrastructure, that will help instil confidence in consumers to embrace electric vehicles. The new EV policy has already solidified India’s position as a key EV manufacturing hub. However, rationalising GST rates on components has been a big ask and the industry expects some development in that direction. With the PLI schemes and the expected FAME-III, India is set to further enhance its domestic manufacturing capabilities significantly. I believe the upcoming budget will be a crucial enabler in achieving this vision