ACMA welcomes Tamil Nadu Auto City, New Automobile & Auto Component Policy 2014
Automotive Component Manufacturers Association of India (ACMA) has welcomed an announcement of the New Automobile & Auto Component Policy by the State Government of Tamil Nadu, which gives a boost to the automotive industry and investments in the state.
The policy works towards an exclusive auto city, a first in India to cater to needs of both domestic and global auto manufacturers in component designing, prototyping and manufacturing. 1,000 hectares of Auto City will cater to both domestic and global automotive/component design, prototyping & manufacturing units. It will house an Automotive Industrial Development Centre (AIDC), and Automotive Suppliers Park (ASP) for improved logistics. The project gives additional power capacity for the Auto Sector
Congratulating the Honâ€™ble Chief Minister of Tamil Nadu, J Jayalalithaa, on launching a progressive policy, President ACMA, Harish Lakshman, said, â€śThe announcement of the New Automobile & Auto Component Policy 2014 is indeed a welcome step, especially in light of the fact that the industry is passing through one of the most challenging phases. We hope that the policy will further bolster the confidence of the automotive industry in the state. Positive measures such as setting up of an auto city, the auto supplier Park, Automotive Industrial Development Centre (AIDC) etc. will attract fresh investments into the state as well as facilitate creation of the much needed talent pool to meet the long term skilled manpower requirement of the industryâ€ť.
â€śACMA is delighted to be nominated as a member of the Automotive Consultative Committee and looks forward to making a positive contribution to the growth and development of the automotive industry in the Stateâ€ť, added Lakshman.
This includes rail-port connectivity to facilitate easy and speedy movement of consignment, effluent treatment plants, drainage, solid waste management, power, gas and water, among others.