Budget Expectation Insights by Skoda Auto Volkswagen India Pvt Ltd
As we approach the announcement of the Union Budget 2026, Mr Piyush Arora, MD & CEO of Skoda Auto Volkswagen India Pvt Ltd, has shared his insights and anticipations for the upcoming budget. Please find his quote below for your kind consideration:
As the Union Budget approaches, after the successful and welcome implementation of GST 2.0, the industry will be looking for policy continuity and long-term clarity. Sustained support for domestic manufacturing and increased allocation for road and transport infrastructure will be key priorities. Rationalising the inverted duty structure for EVs will strengthen domestic manufacturing and competitiveness, and will further accelerate India’s transition to sustainable mobility. Continued focus on building the EV ecosystem, alongside measures that support household disposable incomes, will be essential to sustain demand momentum and reinforce the sector’s role in India’s broader economic growth.
