The Auto Importers Association has reported that the government is planning to facilitate the re-importation of cars, specifically those with an engine capacity of less than 1000CC. This move is aimed at managing the influx of foreign vehicles and maintaining stability in the market.
The association anticipates that the necessary measures for this initiative will be implemented within the next month. By focusing on vehicles with lower engine capacity, the government aims to strike a balance in the automotive sector and regulate the number of foreign cars entering the country.
This decision is part of the government’s efforts to address concerns related to the importation and circulation of vehicles, promoting a controlled and sustainable approach to the automotive industry.
-Lankadeepa-