fresh capacity addition he said interestingly munot was confident that the reduction of import duty to 30 per cent would not stifle or destroy the domestic autocomponent industry he was however disappointed to find no incentive for local research and development satish sekhri managing director kalyani brakes limited kbl said the 15 per cent additional depreciation should have been offered to existing units too instead of restricting it to new investments or greenfield projects overall there have been no measures to encourage either the vehicle or the component industry he said execute multiple highspeed laps around a race trackthose who do could be in for a long waitunless batteries go through a massive revolution youre never going to carry the amount of energy that a fuel tank will carry said yasa founder woolmerfor longerform racing its going to be a while