ludhiana with union budget 2020 set to be annoucned on saturday auto parts manufacturers hope that the finance minister would take concrete steps to ensure the growth of industry whose progress has been derailed in the last one year due to turmoil in the automotive sector the major demand of businessmen is reduction of 28 gst on auto parts to either 12 or 18 which will help in boosting their sales and also reduce the burden of blockage of capital with government according to g s kahlon president of auto parts manufacturers association apma ludhiana last one year has not been good for the auto parts manufacturers of ludhiana as we have faced one of the worst recessions ever this has not only incurred us huge losses but some of the micro and small units were forced to shut down their factories and quit business the situation is a bit better now as compared with what it was till november but certainly there are a lot of steps that needed to be taken by the government to put back our industry back on the path of progress high rate of 28 gst on our industry has become our biggest headache as it is leading blockage of our own funds worth lakhs and also our sales have been hit ever since such high gst was slapped on us kahlon also added on behalf of auto parts industry i request finance minister nirmala sitharaman to take notice of this problem and reduce gst on our industry to 12 if that is not possible we will be able to bear it at 18 as well but 28 should be scrapped immediatelyspeaking to toi jaswinder thukral president of janta nagar small scale manufacturers association and auto parts manufacturer said there is no doubt that 28 gst on auto parts is the biggest problem our industry is facing and it should be immediately addressed in this budget the other biggest challenge that we are facing is the inability of our industry to compete with the manufacturers based in other countries due to lack of technological upgradation therefore we urge government to ensure that funds are allocated for upgradation of our industryaccording to nitin sharma a member of apma we are hopeful that this budget will bring some good news for us as union government is aware of the problems being faced by the automotive sector in the last few months some concrete steps will be taken for sure reduction of gst on auto parts and making gst return filing process easy are the steps that can give a new ray of hope to the ailing auto parts industry of ludhiana