New Delhi, Aug. 25 -- New Delhi: The government is considering ways to provide funds for research and development and intellectual property creation to support Indian exporters of auto components as they face the headwinds of US tariffs, according to two people aware of the development.
The plan may include a component to support R&D for Indian auto parts makers using funds from the Anusandhan National Research Foundation (ANRF) under the Department of Science and Technology, one person said, requesting anonymity. Funds may also be provided for intellectual property rights and transfers, for which the heavy industries ministry is in talks with the commerce ministry, the person said.
"The ministry of heavy industries is in discussions wi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.