Stellantis Calls for Stable Policies to Boost Auto Industry in India

Why Stable Policies Matter for Auto Industry Growth

Stellantis, a leading European automaker, highlights the need for stable, long-term policies in India. These policies are vital for automakers to plan their business strategies effectively.

Consistent Policies Nationwide

Stellantis, which operates brands like Jeep and Citroen in India, advocates for uniform policies across all states. This consistency helps the industry implement long-term business plans without any hiccups.

Building Investor Confidence

Shailesh Hazela, CEO and MD of Stellantis India, points out that investors prefer longer policy horizons. He says, “We hope that any policies implemented will be for a longer period.”

Essential Elements for a Strong Policy Framework

• Policies should be stable and long-term.
• Policies must be uniform across all states.
• A consistent policy framework supports effective business strategies.
• Longer policy horizons boost investor confidence.

Stellantis’ focus on policy continuity shows how important a stable and predictable regulatory environment is for the growth of the auto industry in India.