Commerce minister Piyush Goyal invited global automobile companies to manufacture in India. He urged them to use India as a base to serve global markets. Goyal cautioned automakers about "black sheep" not increasing localisation efforts. He stated that company-wise import and export data is being monitored. Leaders will attend the BRICS Leaders' Summit in India next week.

Indian auto leaders and ministers emphasized deepening localization for global supply chain strength. They stressed owning more value chain components amid geopolitical…

Commerce Minister Piyush Goyal urges the auto industry to prioritize global expansion, quality products, and increased female workforce participation.

India aims for one trillion dollars in exports this year, seeking automotive industry growth. The government encourages companies to increase local production and pursue…