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Budget 2026 Auto Sector: Be it the common man of the country or the big companies of the auto industry, everyone’s eyes are on it. Budget 2026 But rests on. In the last few years, inflation, fuel prices and financial tightening have affected the auto sector. In such a situation, it is expected from Budget 2026 that the government takes such decisions which will increase the sales of vehicles and provide relief to the common buyer.

Big demand for electric vehicle (EV) sector

The EV segment is considered to be the most important focus of Budget 2026. The industry wants the government to continue the FAME scheme or announce a new incentive model. Apart from this, there is a demand for more relief in GST on EVs, tax exemption for battery manufacturing and more budget allocation on charging infrastructure. Companies believe that this will make EVs cheaper and reach the common people faster.

Hope of relief for two-wheeler segment

Two-wheeler is the most important means of transportation for the lower and middle class of the country. Budget 2026 is expected to provide cheap loans, low interest rates and tax relief to increase demand in rural areas. The two-wheeler industry wants income tax exemption and financing to be made easier, so that first-time vehicle buyers can benefit.

Keeping an eye on commercial vehicles and infrastructure

The commercial vehicle sector is expecting further strengthening of the scrappage policy from the budget. The industry wants additional incentives to be given to replace old trucks and buses. Also, there should be more expenditure on roads, highways and logistics infrastructure, which will directly benefit the transport sector.

Expectations of luxury car companies

The luxury car segment is eyeing import duty and EV policy. Companies want custom duty on electric luxury cars to be reduced to boost the premium EV segment in India. This will bring new technology and investment into the country.

What do industry bodies want?

Organizations like SIAM and FADA say that stable tax policy, easy finance and steps to increase the purchasing power of consumers are necessary in Budget 2026. He believes that this can bring new life to the entire auto sector.

What is the benefit to the common man?

If these announcements are made in the budget, then vehicles will be cheaper, taking loans will be easier and EVs will be adopted faster. This means that Budget 2026 can prove to be a relief not only for the companies but also for the common buyer.