India's auto industry plans to significantly reduce imports by making more parts locally. This includes key components like electric motors and transmissions. The industry has already made progress. It aims to achieve a total reduction of ₹25,000 crore. Component makers are investing in new facilities and technology. Exports are also growing. Car sales are expected to double by 2030.
from Auto-Industry-Economic Times https://ift.tt/UDQt73R
Subscribe to:
Post Comments (Atom)
-
Mahindra, in collaboration with Warner Bros. Discovery, has launched the limited-run BE 6 Batman Edition electric SUV, inspired by Christoph...
-
Maruti Suzuki launches the new Swift 2024, priced from Rs 6.49 lakh. This model boasts enhanced features, safety, and fuel efficiency, maint...
-
At present, the carmaker has tied up with 20 partners across vehicle needs, mobility services and lifestyle companies to offer exclusive ben...
No comments:
Post a Comment