My ministry is currently studying the feasibility of a special system for this sector financing facility, like most small and medium auto component companies can rarely mobilize the necessary resources at their means," Heavy said and Public Enterprises Minister Vilasrao Deshmukh Thursday at the annual conference Acma. He explained that the region's competitiveness, not domestic, but exports from other low cost countries.

Though details about the scheme appear Deshmukh's not like, and more efficient technologies in plants and equipment sector through increased investment to improve the skills of staff and adoption of efficient manufacturing processes to develop a sustainable competitive advantage emphasized the need. According to Deshmukh, the Ministry also research and development efforts to facilitate greater international cooperation.
"The effort, a German automotive industry in India Joint Working Group as part of the research and development, technology exchange and capacity of the two countries in various fields, including - the development has been focused discussion on cooperation between," he said, add, dass die indische Industrie den Vorteil der Bemühungen um einen technologischen Vorteil gegenüber anderen Low-Cost-Konkurrenten gewinnen zu können.

Satyanarayan Das, Secretary, Ministry of Heavy Industry, According to automobile industry's future is in small cars and compact, since India and new, small cars in the world as a center, industry, investment in skills development and to focus on should have the ability to maintain innovation competitive advantage.