मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Govt weighs R&D funds for auto-component exporters
Mint Hyderabad
|August 26, 2025
The steps are being taken as the 50% tariffs proposed by Trump are set to take effect on 27 Aug
The government is considering ways to provide funds for research and development (R&D) and intellectual property creation to support Indian exporters of auto components as they face the headwinds of US tariffs, according to two people aware of the development.
The plan may include a component to support R&D for Indian auto parts makers using funds from the Anusandhan National Research Foundation (ANRF) under the Department of Science and Technology, one person said, requesting anonymity. Funds may also be provided for intellectual property rights and transfers, for which the heavy industries ministry is in talks with the commerce ministry, the person said.
"The ministry of heavy industries is in discussions with many other government bodies and with the industry for the scheme. The goal is to create an ecosystem, a full package covering all aspects for auto component manufacturers," the second person said, requesting anonymity.
Both people said stakeholder consultations are under way and no amount has been decided for the scheme yet.
यह कहानी Mint Hyderabad के August 26, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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