India wants tariff edge before final US trade deal
Prime Minister Narendra Modi addressed the Society of Indian Automobile Manufacturers (SIAM) during its Annual Convention 2026, urging the Indian automobile industry to embrace innovation and chart a bold path towards India's vision of a developed nation by 2047. Modi highlighted recent free trade agreements that have expanded access to international markets, positioning India's automotive sector for growth.
He emphasized the need for the industry to continue innovating and pursuing excellence to meet the rising demand for mobility as the economy expands. The government's efforts to improve ease of doing business, including the PLI scheme and Make in India, have bolstered manufacturing capabilities, according to Modi. The expansion of highways, infrastructure, and charging infrastructure for electric vehicles is driving the transition to a cleaner and more sustainable mobility ecosystem, creating opportunities for innovation and growth, he added.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- PM Modi wants India’s auto industry to think bigger economictimes.indiatimes.com
