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Business News Today: Read latest breaking headlines for Business news, Financial news, Stock/Share market & Indian Economy news & updates on Businessline.
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Goyal urges auto industry to focus more on global businesses, top quality products
1+ week, 4+ day ago (411+ words) Commerce Minister Piyush Goyal on Wednesday urged the automotive industry to convert more local businesses into global businesses by expanding their reach outside India and to move up the value chain for top quality of products. Speaking at the 66th annual…...
India’s auto-component deficit widens to $1.37 billion despite localisation push
1+ week, 4+ day ago (335+ words) The reversal comes even as India has localised more than 70% of its automotive-component requirements and sharply reduced imports of engines, wheels and other conventional parts. India has substantially localised the mechanical automobile; its next challenge is to localise the batteries,…...