automobile manufacturing: Auto manufacturers must invest in R&D to make world-class industry: CEA Nageswaran

automobile manufacturing: Auto manufacturers must invest in R&D to make world-class industry: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran on Tuesday asked automobile manufacturers to invest in R&D in order to make a world-class industry. Speaking at the SIAM Annual Convention, he also asked them to focus on improving the global NCAP (New Car Assessment Programme) ratings of their products so that exports get further push. In general, … Read more

India’s GDP Growth In FY24 To Be Around 8%: Chief Economic Advisor V Anantha Nageswaran

India’s GDP Growth In FY24 To Be Around 8%: Chief Economic Advisor V Anantha Nageswaran

CEA added that India should focus on long-term growth. The Chief Economic Advisor has stressed the need to work humbly towards the target without getting influenced by the joy of victory. The Indian economy was earlier predicted to grow at 7.6 per cent by the Central Government’s second advance estimate for the financial year 2024. … Read more