ACMA Applauds Repo Rate Cut to 6.25 Percent, Boosting Automotive Sector Growth
New Delhi, India – Automotive Component Manufacturers Association of India (ACMA) has welcomed the 25 basis points (bps) reduction in the repo rate to 6.25 percent, aligning with the Union Budget 2025. The move is expected to enhance liquidity, reduce borrowing costs, and boost investment in the manufacturing sector.
Shradha Suri Marwah, President, ACMA, highlighted that easier access to finance will drive greater investments in R&D, localization, and sustainability, ensuring that the automotive industry remains competitive and future-ready. “Moreover—she adds—improved liquidity is expected to provide crucial working capital support to Tier 2 and Tier 3 suppliers, fostering growth across the entire automotive value chain.”
Image Source: ACMA
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