India: Auto Sector seeks for a regulatory roadmap to boost localization

India: Auto sector seeks for a regulatory roadmap to boost localization

by

in

The auto industry makes recommendations to the Govt. in respect to the production-linked incentive (PLI) scheme. In its proposals, the auto sector seeks to incentivize large auto component MNCs to establish their mother plants and sourcing hubs and support Indian companies to create and develop MNCs on a global scale. Also, it asks for a long-term technology and regulatory roadmap to encourage localization.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *