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Exports key for auto sector growth: Niti Aayog CEO
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SME Times News Bureau | 25 Aug, 2021
The CEO of Niti Aayog Amitabh Kant on Wednesday highlighted four growth
drives for the automobile industry including investments in R&D for
electric mobility and emphasis on exports.
Speaking at the
Annual Conference of Society of Indian Automobile Manufacturers (SIAM),
Kant said that focus on small format mobility and establishing massive
charging infrastructure would also be key growth drivers for the
sector.
The Chairman of TVS Motor Company, Venu Srinivasan
observed that the auto sector is moving towards importing, assembling
and making in India.
"We need to encourage environmental
sustainability through reducing, reusing, recycling and moving towards a
circular economy," Srinivasan said.
Speaking at the virtual
event R.C. Bhargava, Chairman, Maruti Suzuki India said that the people
in this country have a great aspiration for vehicles. Every customer
deserves modern, clean and safer vehicles, taking their economic status
into consideration, he added.
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