![EV import policy unfair to existing manufacturers: BMW's Vikram Pawah](https://images.assettype.com/fortuneindia%2F2024-07%2F198c7a76-4e10-4ae8-a635-1a91316c1f6b%2FVikram%20Pawah%20pic%202%20copy.jpg?rect=0,0,2129,1065&w=300&q=95)
EV import policy unfair to existing manufacturers: BMW's Vikram Pawah
EVs accounted for 10% of BMW India's total sales in 2023, much higher than its German rival Mercedes-Benz.
EVs accounted for 10% of BMW India's total sales in 2023, much higher than its German rival Mercedes-Benz.
Macroscope sector
The Finance Bill, 2022 has introduced Section 135 AA in the Customs Act of 1962 making unauthorised publishing of trade data a punishable act.
Merchandise exports grew 68.9% in first nine months of the current fiscal to $443.8 billion, up from $262.8 billion in the previous fiscal.
FY22 looks much better for trade with exports already touching $300 billion in the first nine months.