auto-parts

Efforts to boost localisation adding on to revenue of component firms

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India’s love for larger, feature-rich vehicles, coupled with efforts being undertaken by stakeholders to deepen localisation, is turning into a boon for local autos parts makers with component sales in the country surging to a whopping $ 36.1 billion in the first six months of the current financial year. An increase in value of sales … Read more

U.S. ‘beginning’ internal discussions about renewing North American trade pact

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For anyone with lingering night terrors from the last renegotiation of NAFTA, the notion of reopening the pact might evoke the trailer for a classic horror movie sequel: It’s baaaaa-aaaack.  But this time is different, says the U.S. envoy to Canada. In an interview with CBC News, Ambassador David Cohen said officials in his country have … Read more