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Improve output, explore smart solutions: Goyal to auto components industry

While addressing the Automotive Component Manufacturers Association''s (ACMA) 60th annual session, the minister said that there is a huge demand for trusted partners in resilient global supply chains

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Piyush Goyal | Auto component production | Auto components industry

Press Trust of India  |  New Delhi 

Piyush Goyal
With perseverance towards quality and bringing in scale, the industry will certainly become more export competitive, he said

Commerce and Industry Minister on Saturday asked the to improve productivity and look at smarter solutions for becoming preferred suppliers to customers.

While addressing the Automotive Component Manufacturers Association's (ACMA) 60th annual session, the minister said that there is a huge demand for trusted partners in resilient global supply chains.

"We should start taking measures to tighten the belt, improve productivity, start looking at every element of cost and smarter solutions to become the preferred suppliers to customers," he added.

With perseverance towards quality and bringing in scale, the industry will certainly become more export competitive, he said.

He also called for innovative financing for the auto industry.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Sat, September 05 2020. 20:17 IST
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