https://www.taxtmi.com/news?id=40637 NITI Aayog's report diagnoses India's strong vehicle production but modest share in global automotive component trade and proposes a tiered policy framework-combining fiscal support for manufacturing scale up, R&D and IP transfer, cluster and skill development, and non fiscal measures such as Industry 4.0 adoption, international collaboration, and regulatory reforms-to upgrade capabilities, expand exports, and increase India's integration into higher precision segments of global value chains. en-us Fri, 11 Apr 2025 17:49:28 +0530 Fri, 11 Apr 2025 17:49:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=40637 NITI Aayog's report diagnoses India's strong vehicle production but modest share in global automotive component trade and proposes a tiered policy framework-combining fiscal support for manufacturing scale up, R&D and IP transfer, cluster and skill development, and non fiscal measures such as Industry 4.0 adoption, international collaboration, and regulatory reforms-to upgrade capabilities, expand exports, and increase India's integration into higher precision segments of global value chains. News - Fri, 11 Apr 2025 17:49:28 +0530 https://www.taxtmi.com/news?id=40637