Auto Component Industry Should Produce Electronics And Key Parts In India To Cut Imports: Maruti
- Maruti Suzuki India (MSI) expressed a desire to completely go Make-in-India
- MSI extended an invitation to the component industry for making good quality electronic components and some key parts in India
Renowned carmaker Maruti Suzuki India asked the components makers to start manufacturing vehicle electronics and certain key parts in India in order to cut imports of such articles.
The local manufacturing of such parts would not only help Maruti Suzuki India (MSI), but also support the government’s Make in India initiative, MSI MD and CEO Kenichi Ayukawa said while speaking at the ACMA annual convention, reported PTI.
An extended opportunity
Ayukawa stated that a Maruti Suzuki car is over 90 percent local, component-wise. But some key parts and electronics are areas where the automaker still needs to import. He expressed his strong desire to completely go Make-in-India. While addressing his challenge, he extended an invitation to the component industry by saying that anybody can make electronic components and some key parts in India with quality and reliability. He was optimistic that it will not only help Maruti Suzuki but the entire Indian automobile industry.
Ayukawa said the best opportunity to win in the future lies in developing in-house research and development (R&D) capability. He also emphasised on the virtues of quality manufacturing of auto components.
On government policy, Ayukawa said that if the government sets targets on the end-goals and allows freedom to the industry players to choose the technology, it would be best suited to achieve the end-goals.