Licenses And Certifications 6 September 2026
Goyal Calls for Auto Industry to Boost Localisation
Union Minister Piyush Goyal has warned auto manufacturers to raise domestic content in their vehicles, stressing the need for higher localisation to reduce reliance on imports. He emphasized that officials have access to IEC numbers and can enforce compliance, urging firms to anticipate policy shifts and plan accordingly.
Union Minister Piyush Goyal told auto makers to increase localisation of components, warning that the government can track import‑export codes (IEC) to ensure compliance.
- Firms should anticipate policy changes and plan for higher domestic content.
- The push aims to cut reliance on imports and strengthen India's auto supply chain.
For full details, see the original report here.
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