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” Going ahead, because the aspirations of the country develop we’ve to focus increasingly more aggressively on cleaner and safer automobiles,” Aggarwal mentioned. “We are encouraging ACMA members to commence manufacturing them in India to enable the automobile OEMs to supply these items regionally,” Aggarwal mentioned.
Aggarwal told the gathering that the Indian automotive business has crossed a landmark figure of Rs 20 lakh crore in FY24 and is contributing virtually per cent of the entire GST collected in the country. Over the final 20 years or so, the industry has grown by 17 per cent CAGR. Speaking on the…