WATCH: Amsa plant closure puts thousands of automotive parts jobs at risk
Business Day TV speaks to Renai Moothilal, CEO of Naacam
17 January 2025 - 15:59
byBusiness Day TV
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The loss of long steel production at ArcelorMittal SA’s (Amsa’s) Newcastle plant could cost up to 16,000 jobs in the local automotive components industry, slash vehicle exports and wreck plans to localise the industry.
This is the stark warning from Renai Moothilal, CEO of the National Association of Automotive Component and Allied Manufacturers (Naacam). Business Day TV caught up with Moothilal to discuss this further.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Amsa plant closure puts thousands of automotive parts jobs at risk
Business Day TV speaks to Renai Moothilal, CEO of Naacam
The loss of long steel production at ArcelorMittal SA’s (Amsa’s) Newcastle plant could cost up to 16,000 jobs in the local automotive components industry, slash vehicle exports and wreck plans to localise the industry.
This is the stark warning from Renai Moothilal, CEO of the National Association of Automotive Component and Allied Manufacturers (Naacam). Business Day TV caught up with Moothilal to discuss this further.
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