New Delhi, May 18 -- The Federation of Indian Micro and Small & Medium Enterprises (FISME) has urged the Society of Indian Automobile Manufacturers (SIAM) to ensure equitable sharing of rising input costs being borne by MSME auto component suppliers amid sharp increases in wages, energy prices and raw material costs triggered by the West Asia crisis. In a representation addressed to SIAM President Shailesh Chandra, FISME Secretary General Anil Bhardwaj called on automakers and their member original equipment manufacturers (OEMs) to introduce temporary cost-sharing arrangements to absorb part of the exceptional rise in wages and energy costs faced by MSME suppliers. Faster Price Revisions and Quicker Payments Through TReDS FISME also sough...