Licenses And Certifications 6 September 2026
Goyal Warns Automakers on Localization, Monitors Import‑Export Data
Minister Piyush Goyal cautioned car manufacturers that the government is closely monitoring import‑export data and will enforce stricter localization rules. He said firms must increase domestic sourcing or face scrutiny, as the IEC code data is being analysed for compliance.
- Minister Piyush Goyal warned automakers that the government is tracking import‑export activity through IEC codes and expects higher localisation.
- Companies are urged to boost domestic component use or risk regulatory action.
For full details, see the original report here.
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