Investor Presentaiton

INDIAN AUTO POLICY – KEY FEATURES Fully Liberalized, de-licensed Industry with 100% Foreign Direct Investment Permitted Progressively Reducing Fiscal Burden Fiscal Incentives for R&D Expenditure Tightening Safety and Performance Regulations Export Promotion, Encouragement to Brand India Policy Aims to (i)Establish a Globally Competitive Automotive Industry in India (ii) Double its contribution to the economy by 2010 and (iii) Make India global hub of automotive manufacturing. 31

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