Storage battery: To charge up with benefits provided to other sectors
Storage Battery: Budget 2013- Amara rajaoutlook battery industry demand growth and analysis budget supply budget impact observation industry With the growth of the automotive industry, the growth of the automotive industry is slow due to the economic slowdown. Interest rates, fuel pricing, infrastructure and spending on agriculture will be the determining factor in the automotive industry to get out of the current recession in the short term. The positive side extends the concession period for specific components of electric/hybrid vehicles to March 31, 2015, and is fully exempt from tariffs on lithium-ion automotive batteries to encourage the use of electric vehicles, this is an important force for the government to promote the development of green cars. At the same time, the government will raise the literacy level in the country by increasing the education budget allocation and modernizing the postal network, which will also be an omen for the industry.