European Carmakers Prefer Manufacturing in India: Piyush Goyal
Commerce and Industry Minister Piyush Goyal stated that European car manufacturers will prefer to produce vehicles in India due to stringent regulations in Europe making local production uncompetitive. Speaking at The Dilli Dialogue, he highlighted India's emergence as a global car manufacturing hub. He also noted Tata Motors' turnaround after acquiring Jaguar by shifting production to India. Goyal mentioned potential trade growth with the UK in Scotch, cars, petroleum products, electronics, and medicaments.
TOI Business··New Delhi



