The ACMA Mobility Foundation (AMF), in partnership with KPMG, hosted a forum titled “Decoding Taxation & ESG: Preparing Businesses for India’s Evolving Regulatory Environment” in New Delhi. The event convened senior policymakers, taxation experts and industry leaders to deliberate emerging regulatory frameworks, tax reforms and the integration of Environmental, Social and Governance (ESG) principles across the automotive ecosystem.
The dialogue was chaired by Dr Hanif Qureshi, IPS, Additional Secretary, Ministry of Heavy Industries, Government of India. Key participants included Vikrampati Singhania, President, ACMA & Managing Director, J.K. Fenner (India) Ltd; Vinnie Mehta, Director General, ACMA; Prashant Verma, Executive Vice President – Supply Chain, Maruti Suzuki India Ltd; and several eminent speakers and panellists from the automotive, finance and sustainability sectors.
In his welcome address, Vikrampati Singhania underlined ACMA’s sustained emphasis on policy dialogue and industry capability building to ensure preparedness for evolving regulatory expectations. He said, “Through our dedicated ESG cluster initiatives, ACMA has already certified over 200 ESG champions across the component sector. As India@2047 takes shape, tax rationalisation and ESG adoption will be the twin pillars of competitiveness and credibility for our industry.”
Addressing the gathering, Dr Hanif Qureshi highlighted the government’s commitment to a predictable policy environment that supports both competitiveness and responsibility. He said, “Recent tax reforms have brought greater predictability and efficiency to the automotive sector, addressing long-standing anomalies and simplifying compliance, particularly for MSMEs. As the industry now turns its focus toward sustainability and technology-led growth, the government remains committed to policy coherence and ease of doing business. Together with industry partners, we aim to strengthen India’s position as a global hub for sustainable and intelligent mobility solutions by 2047, in line with the Hon’ble Prime Minister’s vision of Viksit Bharat.”
Vinnie Mehta commented, “India’s auto components sector is no longer just about scale; it is about earning trust and relevance in global supply chains. With evolving tax frameworks and ESG expectations worldwide, our industry must continue its push for transparency, cost competitiveness and responsiveness. Through forums like this, the ACMA Mobility Foundation is enabling the architecture to position Indian suppliers not just as input providers but as strategic partners in the world’s mobility roadmap.”
The conference included sessions on taxation, regulatory outlook and ESG transformation in the auto component industry. Speakers from KPMG India, BSR & Co. LLP, BMW India, Tata Motors, Anand Group and ARAI shared perspectives on aligning fiscal policy with sustainable business practices.