The Portfolio Committee on Trade, Industry and Competition is urging a robust strategy to deepen localisation, enhance job creation, and implement meaningful transformation within South Africa's automotive sector, reports Cape town Etc .
This call to action follows an assessment of the progress regarding the South African Automotive Industry Master Plan 2035.
During a recent meeting with the Department of Trade, Industry and Competition DTIC, key automotive industry stakeholders and relevant entities, the committee evaluated how well the Master Plan has performed in strengthening the automotive value chain and bolstering the local economy.