Indian auto leaders and ministers emphasized deepening localization for global supply chain strength. They stressed owning more value chain components amid geopolitical uncertainties and resource crunches. Accelerating technological capabilities in semiconductors and batteries is now essential for independence. The industry must scale up design, development, manufacturing, and export of components from India. Policy measures and incentives are supporting this growth in volumes and know-how.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.