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Govt allows import of new vehicles for R

Written by: Staff
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New Delhi, Apr 7: The Government today announced a provision to allow import of new vehicles by auto component manufacturers for research and development purposes without homologation.

India is fast emerging as an important centre for sourcing auto components and the Government has already extended a number of facilities to the sector,'' Commerce and Industry Minister Kamal Nath said while releasing the annual supplement to Foreign Trade Policy.

However, he said, as the facility is for promoting R&D in the sector, the imported vehicle can not be registered under the Motor Vehicle Rules in the country.

''The vehicles will not be allowed to ply on India roads,'' he added.

UNI

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