TN Mulls Policy For Auto MSME Growth

TN Mulls Policy For Auto MSME Growth
Posted On :

27-Dec-2017 3:17 PM

The Tamil Nadu government is working on a scheme to power the growth of MSMEs (micro, small and medium enterprises) in the automotive sector, according to Ambuj Sharma, Industries Commissioner and Director of Industries & Commerce, Government of Tamil Nadu.


“In the next three months, we want to come out with a Tamil Nadu-specific policy or mission plan for enhancing and accelerating the growth of the auto MSMEs,” he said while addressing a CII conference on automotive R&D.


A focus group has been set up for the above purpose after a meeting with the industry stakeholders.


“The prime focus areas of the mission plan will be demand creation, R &D and skill upgradation. Also, other kinds of support in terms of providing land and financing will be worked out, he said.


Earlier, he urged the industry to make use of the R&D infrastructure created through government institutions such as NATRiP. The government provides the infrastructure or base for achieving the new standards, by setting up labs and testing facilities.


“The time has come for us to invest in R&D in a big way, through collaborative research among industry players, and the support of major mobility users such as cab aggregators,” he said.


Vikram Kirloskar, Conference Chairman, and Deputy Chairman, CII (SR) & Vice-Chairman, Toyota Kirloskar Motor Private Ltd, highlighted that India had many young talented designers to shape the future of the vehicles, by bringing in innovative designs to cater to the evolving needs of the consumers.


Nagesh Basavanhalli, Managing Director & CEO, Greaves Cotton Ltd, discussed top six trends impacting the R&D function. They included energy transformation, connectivity software & digital, material science, autonomous vehicles, safety, and asymmetric competitions.


While China is investing substantial resources in New Age material to push electrification further, India is only taking baby steps in traditional R&D, he said.


However, he felt that there would be opportunity for India to be an innovator with frugal R & D spends.

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