Working with SIAM to enhance localisation, says ACMA
April 22, 2021
Initiative will help the industry cut down on imports The Automotive Component Manufacturers Association (ACMA) on Thursday said it is working closely with Society of Indian Automobile Manufacturers (SIAM) to enhance localisation of various products in order to make the industry price competitive globally.
Speaking at the ACMA Automechanika the two-day annual event Deepak Jain, President, ACMA, said that the initiative would also help the industry to reduce imports of sub standards components.
“This will not only help us in enhancing exports, but will also help curb import of spurious and sub-stand components that are imported solely for the reason of being better priced,” Jain said.
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Photograph by Rajwant Rawat
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