Govt proposes a board for growth of automobile sector
   
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Govt proposes a board for growth of automobile sector

Last Updated: Friday, April 27, 2012, 00:46
 
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Govt proposes a board for growth of automobile sector
New Delhi: The government Thursday said it has proposed setting up of a National Automotive Board (NAB) under the Department of Heavy Industry to support new initiatives for the growth of the automobile sector.

"NAB would be set up as an autonomous body comprising technical and domain experts to take up and synergise the ongoing and new initiatives of the government for the growth of the automobile sector," Minister of Heavy Industries and Public Enterprises Praful Patel said in a written reply to the Lok Sabha.

The key functions of the board include administration, regulation and synergising the functioning of the testing centres, facilitate collaborative R&D activities and issue of testing and homologation certificates based on test reports submitted to NAB by the testing centres, he said.

Patel said the NAB needs to be in position before the National Automotive Testing and R&D Infrastructure Project (NATRiP) centres are commissioned and NATRiP Implementation Society (NATIS) is wound up.

NATIS is the apex body for implementation of NATRiP.

Replying to another query, Patel said consultants are appointed to study and suggest action plan for revival of sick and loss-making CPSEs, under the ministry, as and when required.

In the recent past such studies have been conducted in respect to Hindustan Machine Tools Ltd, Hindustan Machine Tools (Bearings) Ltd and Hindustan Cables, he added.

PTI

First Published: Friday, April 27, 2012, 00:46


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