Auto sector: India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’

India is intensifying efforts to manufacture high-grade steel for the automobile sector, aiming to reduce import reliance, according to Union Minister H D Kumaraswamy. He assured automakers of full government support, emphasizing the steel ministry's commitment to enabling 'Make in India'. The PLI scheme has spurred significant investment and job creation.

Auto sector: India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’
India is intensifying efforts to manufacture high-grade steel for the automobile sector, aiming to reduce import reliance, according to Union Minister H D Kumaraswamy. He assured automakers of full government support, emphasizing the steel ministry's commitment to enabling 'Make in India'. The PLI scheme has spurred significant investment and job creation.