Policy continuity key to auto industry growth: Stellantis

PARIS: European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis.Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that industry is able to execute long-term business strategies. Stellantis India CEO and MD Shailesh Hazela said any investor who comes to India would like to see a little longer horizon in terms of policies. “So our wishlist is whatever they decide to put across, it should be for a longer period”