Auto industry on track to achieve target of Rs 25,000 crore import cut
The Indian automotive industry is poised to achieve its ambitious target of up to ₹25,000 crore (about $3 billion) reduction in import value in the five years through this fiscal-year end by accelerating localisation of advanced parts such as electric motors, airbags and automatic transmissions, said industry executives. As per the plan, several projects were … Read more
