News Formal

State should do more to help motor industry, says Ebrahim Patel

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

State should do more to help motor industry, says Ebrahim Patel 🔒

Trade and industry minister says the government wants the industry to be globally competitive, but that competitiveness is not just a function of what happens on the factory floorRacial transformation in the SA motor industry is “unbearably slow” but the process will not accelerate if the government does not provide the right policy environment, trade and industry minister Ebrahim Patel said on Thursday.

Under the updated Automotive Production and Development Programme , starting in January 2021, the industry plans to double vehicle production and jobs by 2035, increase the value of local content by 50% and fast-track the development of black-owned companies in the components supply sector.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

State Capture Rot: R2.1bn has been recovered so far, says Gordhan | IOL Business ReportSouth Africans can breathe a sigh of relief for now. According to Public Enterprises Minister Pravin Gordhan, the State has recovered more than R2.1 billion from 'irregular' contracts. busrep
Source: IOL - 🏆 46. / 51 Read more »