Licenses And Certifications 6 September 2026
Goyal Warns Automakers on Localization, Tracks Trade Data
Union Minister Piyush Goyal warned Indian auto makers to speed up localisation of components, saying the government is tracking import‑export data via the IEC system and using AI analytics. The drive aims to cut reliance on foreign parts and meet new budget localisation targets.
Union Minister Piyush Goyal told car manufacturers to accelerate localisation of parts, noting that the government is closely monitoring import‑export transactions through the IEC system and AI tools.
- Companies lagging behind may face tighter scrutiny.
- The push seeks to reduce dependence on imported components and align with the 2026 auto industry budget.
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