timesofindia.indiatimes.com · Cybersecurity · 2026-09-02
High-value tech imports a worry: Auto cos
High-value tech imports a worry: Auto cos. Hyundai Motor India and Maruti Suzuki call for deeper localisation. Industry needs to build domestic capability in semiconductor chips, rare-earth magnets, power electronics and battery cells, they say. Both executives also stressed that localisation would have to extend beyond large OEMs and Tier-1 suppliers, and call for digitalisation, AI and shared learning to spread across wider supplier ecosystem. New Delhi: India’s auto industry is warning that its next big vulnerability may not be vehicle production, but dependence on imported high-value technologies, with the chiefs of Hyundai Motor India and Maruti Suzuki calling for deeper localisation across semiconductors, battery cells, power electronics and other critical components.
Why it matters. Why it matters: High-value tech imports a worry: Auto cos.
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