https://www.taxtmi.com/news?id=26312 The release urges the auto components sector to prioritize investment in indigenization via sustained Research and Development and higher quality standards to reduce external R&D dependence and serve domestic and global markets. It demands formalization of informal supply segments, stronger protection against copyright and patent infringement, startup mentoring, buyer education on product quality and life time costs, and partnership with consumer authorities. The statement also calls for supply chain localization supporting tier 2 and tier 3 suppliers and adopting a net zero sustainability commitment. en-us Tue, 07 Mar 2023 09:32:59 +0530 Tue, 07 Mar 2023 09:32:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26312 The release urges the auto components sector to prioritize investment in indigenization via sustained Research and Development and higher quality standards to reduce external R&D dependence and serve domestic and global markets. It demands formalization of informal supply segments, stronger protection against copyright and patent infringement, startup mentoring, buyer education on product quality and life time costs, and partnership with consumer authorities. The statement also calls for supply chain localization supporting tier 2 and tier 3 suppliers and adopting a net zero sustainability commitment. News - Tue, 07 Mar 2023 09:32:59 +0530 https://www.taxtmi.com/news?id=26312