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BIZ1 sourceIN ×102 SEPT 2026 21:12 IST

Goyal urges auto industry to focus more on global businesses, top quality products

Headline by Prism · from 1 report

Commerce Minister Piyush Goyal advised the automotive industry to prioritize global expansion, product quality, safety, and vehicle scrappage while announcing an upcoming regulatory exemption for high-tech semiconductor firms regarding BIS certification.

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Piyush Goyal

2 quotes
  • In times of floods or unfortunate events, the electronic auto-locks in the cars can actually be very very dangerous...SIAM is also here. Should be addressing these challenges. You make one industry conscious of safety and don’t leave it to the government to come and interfere in your businesses...I think you need to take safety to the next level
    [1]The Hindu BusinessLine· 2 Sept
  • In such high-tech sectors, we will exempt all companies from all BIS. They can source from anywhere in the world whatever they want
    [1]The Hindu BusinessLine· 2 Sept

Sources1

All filed from IndiaNamed India · United States · Japan · Automotive Component Manufacturers Association · India · Society of Indian Automobile Manufacturers · Bureau of Indian Standards · Japan · Ministry of Commerce and Industry · Pax Silica · Piyush Goyal · United States

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Goyal urges auto industry to focus more on global businesses, top quality products | Prism