Budget 2021: a statement from Mr. Ashish Gupta, Brand Director, Volkswagen Passenger Cars

“The Budget 2021 as announced by the Hon’ble Finance Minister has potential to revive the economy at large. The focus on the six pillars, with greater impetus on healthcare, infrastructural & connectivity development and rural economy will have a positive impact on the businesses. With respect to the auto sector, increase in custom duty on certain auto parts would impact the input cost, although we’re yet to assess the financial impact. On the voluntary scrappage policy, strict governance on the fitness test would determine the benefit on the environment and pollution reduction.”