As the Union Budget 2026 approaches, India’s automobile sector has outlined its expectations for policy support to boost demand, accelerate electric mobility, and promote domestic production. Key players such as Tata Motors Passenger Vehicles, Skoda Auto Volkswagen India, and Volvo Group India have shared their wishlists for the upcoming budget.
Tata Motors has requested targeted incentives for entry-level electric vehicles (EVs) and support for electric cars used in the fleet segment under the PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) scheme. The company’s MD and CEO, Shailesh Chandra, noted that while the government’s previous measures have revived passenger vehicle demand, entry-level EVs continue to face pressure. He emphasized the importance of supporting EVs used in the fleet segment, which account for a significant portion of passenger kilometers and have a multiplier impact on the environment.
Skoda Auto Volkswagen India’s MD and CEO, Piyush Arora, called for policy continuity, infrastructure growth, and a stronger EV ecosystem in the upcoming budget. He highlighted the importance of customs reforms, particularly in the electric vehicle space, and noted that the goods and services tax (GST) reforms introduced in 2025 have revived the domestic passenger vehicle industry.
Volvo Group India’s President and Managing Director, Kamal Bali, pitched for regulations to promote electric vehicles and clean energy vehicles. He acknowledged that the adoption of such vehicles would take time but expressed confidence that India is committed to decarbonizing its ecosystem. Bali