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
“ACMA 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 State”, 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.