“The availability of severe raw materials, rare earth magnets, semiconductor and battery input is becoming a strategic problem for which national focus is needed,” she said.
Marwah continued, “We stand on the crossroad where the opportunities are immense but the challenges harass these things, some of which are re -defining the supply chain of geographical political instability, trade wars, rates, export restrictions.”
She said, “I look at the government partnership to secure the international raw materials to deepen the international international and strengthen the total competitiveness of our industry to enter the new market.”
Shailesh Chandra, chairman of the Society of Indian Automobile Manufacturers (SIAM) reflects the same opinion and said that the supply chains must be able to be able to suck, diverse and disruption, that is, working on an alternative supply chain, partnership with rich countries. Both of these businesses need to be partner. There is a need to take advantage of the strength of each country that can either be the availability of raw materials or technology.
He said, “Components such as changing geographical -political alignment, developing trade agreements and rapid technology transitions have been interpreted together,” he added.
The Indian automotive industry, which is deeply integrated with the global network, has affected these changes today and today is a response to these changes, Chandra said.