A NITI Aayog report reveals that India's automotive ambitions are hindered by a lack of innovation due to inadequate R&D infrastructure and low spending. This limits competitiveness in emerging technologies like EVs and autonomous driving. The report emphasizes the need for increased R&D investment, collaboration, and a robust innovation ecosystem to achieve long-term growth and global parity.from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iC1IB3k
