Different Government agendas, policies significantly influenced the local motor industry says Chairman of Ideal Motors

Different government agendas and policies significantly influenced the motor industry over a period of time, Chairman of Ideal Motors, Nalin Welgama said whilst addressing the Indian media during the inaugural ceremony of the Mahindra Ideal Lanka Pvt Ltd automotive assembly plant at Welipenna.

“Sri Lanka’s car market is entirely policy driven. This is the problem we have. Each government has their own agendas and their policies. So it is always up and down. So right now we are in tough situation.”

Speaking further Welgama noted that the motor industry globally is going through a dramatic change, and urged the government to provide more incentives in order to keep the industry moving.

“We are going to lobby the government to give us more incentives and to direct us on the right strategy in terms of policy sustainability,” he said.

The post Different Government agendas, policies significantly influenced the local motor industry says Chairman of Ideal Motors appeared first on Adaderana Biz English | Sri Lanka Business News.



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