Union Heavy Industries Minister News
FADA represents over 15,000 automobile dealers having 26,500 dealerships across the country.
FADA said that automotive dealers have lost around Rs 2,485 crore since 2017 due to the exit of five OEMs from the country.
Gulati urged the government to formally initiate a discussion on the Automobile Dealers' Protection Act.
Union Heavy Industries Minister Anant Geete on Monday said he will take up the issue of lowering the 43 percent tax rate on hybrid vehicles under GST with Finance Minister Arun Jaitley.
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