News

News

India could extend deadline on steel import rules for automakers: Sources

Data: 2019-09-27
Views: 261

NEW DELHI - India is considering extending by four months a compliance deadline on tougher import rules for steel that are aimed at forcing automakers to use locally made alloy, said two sources familiar with the matter. 

Compliance to the new rules had been set for Feb. 17, which was an extension of two months, but strict adherence to the regulations would have stalled production for India's auto industry, a federal minister has warned. 

India's auto manufacturing sector is  dominated by Maruti SuzukiNSE -1.10 %, Hyundai Motor Co, Honda Motor Co and Ford Motor Co. 

Carmakers continue to rely on imports because they say local steel companies do not manufacture the grades they need, said Sugato Sen, deputy director general of the Society of Indian Automobile Manufacturers (SIAM). 

SIAM counts Maruti Suzuki, Toyota Motor Corp, Volkswagen, BMW and others as members. 

Auto companies want an extension until the end of 2019. 

'There are some grades that are not manufactured in India and we may allow those to be kept out of quality control for some more time,' a senior steel ministry official told Reuters on condition of anonymity, as the discussions are not public. 

The steel ministry did not immediately reply to a Reuters email seeking further comment. 

The ministry had previously objected to an extension as it would delay Prime Minister Narendra Modi's drive to check imports. It also wants to show the success of its manufacturing programme, which is aimed at building a domestic industrial base to boost jobs and growth. 


Via: https://economictimes.indiatimes.com



News / Recommended news More
2020 - 05 - 14
MIM is currently the most scientific near net shape forming technology for metal parts formation. It can flexibly adjust to various performance indexes and has been successfully applied to popular areas such as auto parts, 3C digital, medical equipment and tool locks. Hence, traditional molding technologies such as CNC fine processing, to some extent, are being replaced. Although the future of MIM...
2020 - 05 - 14
The East China Powder Metallurgy Technology Exchange Meeting, rotationally presented by the powder metallurgy societies in East China, has been successfully held for 17 years since 1982. It’s considered as one of the important platforms for China's powder metallurgy industry exchanges, and has actively promoted the flourishing development of the industry and related industries in East China and ev...
2020 - 05 - 14
Advanced ceramics are widely applied in industry sectors, high-tech world and new industries. With annual growth rate of 8%, its market in China values hundreds of billions of CNY. In recent years, the acceleration of China’s high-end industries and new industries development, for example, advanced manufacturing, 5G communications, semiconductor equipment and chip packaging, 3D printing and new en...
2020 - 05 - 14
Ceramic 3D printing can be used in preparation of multifunctional ceramics with complex structure and high precision, and will be widely used in architecture, engineering, medicine, aerospace and more. In recent years, metal and plastic 3D printing companies is shifting to the ceramic materials field that has increasing demand for strong, tough and high temperature resistant parts, which promotes ...
Share:
Uniris Exhibition Shanghai Co., Ltd.
Shanghai Branch
Tel:4000 778 909
E-mail:irisexpo@163.com
  
Guangzhou Branch
Tel:020-8327 6389
E-mail:pmchina@unifair.com

CCEC CHINA official website
犀牛云提供企业云服务
Scan the QR code to visit the official website by phone