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There are hardly any path-breaking announcements made in the Union Budget 2017 to affect the auto sector - both from the perspective of auto manufacturers or the car buyer. There were expectations of at least some kind of announcement on the GST rollout which will standardise many aspects of the auto industry. But Finance Minister Arun Jaitley chose not to make any announcement on GST, keeping it for a later date. Reactions from the auto industry have been mixed with most auto makers welcoming the budget, but cautiously mentioning that more needs to be done to boost the automotive sector.
Mixed Reactions To Union Budget 2017 From Auto Sector
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