New Delhi, 6 September The government is planning to set up nine Centres of Excellence to promote research and development (R&D) in the automobile industry.
“We will be establishing nine Centres of Excellence to promote R&D in the auto sector and this would definitely help the small and medium enterprises in the component sectors to acquire latest technology at the lowest cost,” Union Minister for Heavy Industries and Public Enterprises Santosh Mohan Dev said while addressing the Auto Component Manufacturer Association’s annual convention here.
These centres are being set up to provide the critically needed automotive testing infrastructure in the country to achieve the global vehicular safety, emission and performance standards, the minister said.
Assuring the component industry of the government support to meet challenges arising from reducing custom duties, he said, “I am aware of the threat FTAs and RTAs can pose for the automotive industry. In this connection, I would like to assure you that our ministry is in constant touch with the Ministry of Commerce and would make all efforts so that the consensus as reflected in Automotive Mission Plan is adhered to in the FTA negotiations.”
Commenting on the Automotive Mission Plan (AMP) released earlier this year, Dev said the government was in the process of finalising the implementation committee.