Prime Minister Narendra Modi on Thursday called on the automobile sector to achieve self-sufficiency, while also stressing on the need to expedite innovations for greener alternatives.
The automobile industry, on its part, has set a target of becoming near 100% self-reliant in the entire manufacturing value chain by 2047, while also becoming one of the two largest producers in every segment of automobiles in the world. The industry, however, added that a long-term regulatory roadmap is among the key enablers that can be helpful in better planning of investments, technologies and product development.
