Union Cabinet Approved setting up of National Automotive Board

The Union Cabinet on 18 October 2012 gave its nod for setting up of the National Automotive Board (NAB). The body will be responsible for promoting the research and development activities of the industry and act as a facilitator in between the industry and the government. NAB would also be responsible as a specialized body to promote sustainable development of the Nation’s Auto Sector along with skill development for the automobile sector.