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India targets $145 billion in auto parts production by 2030, aiming to triple exports to $60 billion.
India's NITI Aayog forecasts the country's automotive component production to reach $145 billion by 2030, with exports expected to triple to $60 billion.
The report proposes fiscal and non-fiscal interventions to enhance global competitiveness, including support for R&D, skill development, and infrastructure improvements.
Despite current challenges like high operational costs and inadequate R&D, the plan aims to position India as a major player in the global automotive sector.
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India tiene un objetivo de $145 mil millones en producción de piezas de automóviles para 2030, con el objetivo de triplicar las exportaciones a $60 mil millones.