Business Today

Exports to the Rescue

Smaller car makers are increasingly tapping the export market to stay relevant in India.

In 2006, when the government introduced an excise duty structure for cars based on length and engine capacity that continues till this day, the industry was up in arms. Manufacturers wanted a level playing field for all

You're reading a preview, sign up to read more.

More from Business Today

Business Today2 min read
Time To Fix Financial Holes
The problems in India's financial systems started showing up in 2015, shortly after the then RBI governor Raghuram Rajan forced banks to go for the Asset Quality Recognition exercise. The bad loans given by banks, which were hidden by the process of
Business Today6 min read
We Need To Diversify Beyond Kiranas In India
You started your career as an investment banker but now are in retail? I started in corporate finance and M&A. So, I did a lot of IPO work. Then, I transitioned to consumer product and retail. I covered many consumer product, retail and FMCG companie
Business Today5 min read
Finding The Way
Amit Kumar, Co founder, GalaxyCard, a digital credit card start up, had just gone live with a non banking finance company (NBFC) when the IL&FS default crisis erupted in September 2018. The NBFC, which had started discussions with GalaxyCard in Janua