Bengaluru, Oct. 14 -- Clean mobility investor and entrepreneur Shreyas Shibulal has welcomed the union government's reduction in GST rates and other incentives for the sector but cautioned that such measures are temporary, emphasising that long-term growth will depend on innovation, scalability, and customer value.
"Incentives are temporary. Ultimately, what sustains the sector is the strength of the product and the value it offers customers," Shibulal, the son of Infosys co-founder SD Shibulal, told UNI.
"While government incentives such as GST reductions help catalyse adoption, the industry must be strong enough to thrive even after they fade away. Investors understand that incentives come and go, so our focus remains on innovation and ...