India-China face-off: Import curbs may hit domestic automakers
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NEW DELHI, June 25 -- For the Indian automobile industry, jumping on the anti-China bandwagon will not be easy as certain spare parts, sourced from the Asian neighbour, are critical for manufacturing of BS-VI emission norm compliant vehicles.
With the advent of new stringent emission norms and connected features in vehicles, manufacturers need catalytic convertors, fuel injection systems and other such electronic parts based on semiconductors which are not manufactured in India, and also the ones available in China are cost competitive.
Not surprisingly, in February when factories in China were shut following the coronavirus outbreak, Indian vehicle manufacturers like Hero MotoCorp Ltd, TVS Motor Company Ltd, Tata Motors Ltd, Mahindra a...
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