The USD 11-billion domestic auto component industry today took aim at the government’s move to go for more free trade agreements (FTAs), saying it would only go against its Make in India drive and render the domestic industry uncompetitive.
“For Make in India, we should be competitive. We have not gained from any FTAs,” Arvind Balaji, Joint MD of Lucas TVS, and President of industry body Auto Components Manufacturers Association, told reporters here at the ongoing Make in India Week ..
[“Source-indiatimes”]