Licenses And Certifications 6 September 2026
Goyal Calls for Higher Auto Localization in India
Finance Minister Piyush Goyal urged Indian automakers to boost local production, warning that reliance on imports could hamper competitiveness. He highlighted AI-driven data analysis of IEC numbers to track import‑export trends, urging firms to deepen supply‑chain sourcing within the country.
Finance Minister Piyush Goyal told automakers they must increase localization in India.
- Emphasized that heavy reliance on imports hurts competitiveness.
- Cited AI‑driven analysis of IEC (Import Export Code) data to monitor trade patterns.
- Urged manufacturers to expand domestic sourcing and production.
Read the full details in the original article.
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