The Automotive Production and Development Programme IN A NUTSHELL
Import tariffs are pegged at 2012 levels − 25% for completely built-up vehicles, and 20% for components used by vehicle manufacturers.
LOCAL ASSEMBLY ALLOWANCE
Duty free import credits based on 20% (reducing to 18%) of the ex-factory vehicle price.
The production incentive is at 55% (reducing to 50%) of value added (selling price less the value of non-qualifying material/ components).
A grant for new investment of 20% of the project value over three years.