By Vinkesh Gulati, Vice President, Automotive Skills Development Council (ASDC)

Automotive Skills Development Council (ASDC) welcomes the progressive and growth-driven Union Budget 2025-26, which strengthens India’s commitment to electric mobility, innovation, and skill development. The focus on EV manufacturing, R&D, and industry competitiveness marks a significant step toward sustainable growth.

The Clean Tech manufacturing support program, emphasizing domestic value addition in solar PV cells, EV batteries, motors, and controllers, is crucial for self-reliance. The removal of Basic Customs Duty (BCD) on cobalt powder, lithium-ion battery waste, and essential minerals will significantly reduce manufacturing costs, ensure resource stability, and accelerate EV adoption. This bold move will boost domestic production, create jobs, and enhance India’s EV cost-competitiveness, paving the way for a cleaner, energy-independent future.

At ASDC, we are fully committed to aligning skill development programs with industry needs, particularly in the EV sector. Collaborating with the government, industry stakeholders, and educational institutions, we aim to build a robust pipeline of skilled professionals who can drive the automotive sector’s growth.

This budget will create jobs, foster innovation, and position India as a global leader in sustainable mobility. ASDC is dedicated to playing a proactive role in realizing this vision and contributing to the nation’s progress.