Stellantis calls for long-term, uniform policy framework to drive auto sector growth in India
Stellantis
has urged the
Indian government
to implement a stable, long-term policy framework with uniform execution across states to enable automakers to plan and invest with greater confidence, as per Times of india.
Stellantis, which operates in India through brands such as Jeep and Citroën, believes that consistency in policy, particularly concerning
electric vehicles
(EVs) and taxation, is essential for the auto industry's sustainable growth.
Shailesh Hazela, CEO and Managing Director of
Stellantis India
, emphasised the need for predictability in government action. 'Any investor who comes to India would like to see a little longer horizon in terms of policies,' he said, highlighting the importance of long-term clarity for executing business strategies.
Hazela noted that variations in EV policies across different states create challenges for automakers trying to adopt a cohesive national approach. 'It would be great if there could be uniformity in policies across the country in terms of EVs and taxation so that companies could plan nationally and not state-wise,' he added.
Citing examples of differing EV incentives and tax structures being rolled out by various state governments, Hazela stressed that such discrepancies hinder the formation of a unified strategy. 'If the government could bring uniformity, which they can, it would really enable the industry to plan in a unified and concise way,' he said.
Stellantis' remarks come at a time when the Indian auto sector is witnessing rapid technological transitions and increasing investor interest, particularly in the EV space.
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