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Auto Parts Sector Urges Steady LPG/PNG Supply Amid West Asia Crisis
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Auto Component Industry Demands Uninterrupted LPG/PNG Amid West Asia Crisis
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News18
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10-03-2026, 22:30
Auto Component Industry Demands Uninterrupted LPG/PNG Amid West Asia Crisis
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ACMA seeks uninterrupted LPG/PNG supply for MSME foundry/forging units or a one-month transition window for alternative fuels.
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ACMA President Vikrampati Singhania wrote to the Ministry of Heavy Industries, highlighting geopolitical disruptions.
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Industry faces 20-40% rise in export logistics costs, increased lead times due to Red Sea disruptions and West Asia crisis.
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Requests include expanded interest subvention for export credit, additional working capital, and continued availability of critical inputs.
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ACMA also seeks restoration of RoDTEP benefits and rationalisation of duty drawback rates to support exporters.
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