‘New EV manufacturing policy aims to attract global players and domestic value addition’
The new policy sets the stage for a vibrant future-mobility global manufacturing hub in India, Marwah added.
The new policy sets the stage for a vibrant future-mobility global manufacturing hub in India, Marwah added.
It is indeed an imperative for ACMA to drive change through the entire component manufacturing ecosystem and help members
Combined with fast changing trends and mobility, Jain further said, "what would be the most apt business model for us? Will one size fit all?
Furthermore, Butschek acknowledged the need for some "demand impetus to trigger revival".
The Automotive Component Manufacturers Association of India (ACMA) has sought a uniform GST of 18 per cent for the entire sector in order to revive the vertical which has now witnessed 10 months of continuous decline in sales.