Centre Launches AMP 2047 To Boost Auto Sector Growth
ECONOMY & POLICY

Centre Launches AMP 2047 To Boost Auto Sector Growth

The Ministry of Heavy Industries, under the leadership of Prime Minister Narendra Modi and Minister for Heavy Industries and Steel H.D. Kumaraswamy, has initiated the formulation of the Automotive Mission Plan 2047 (AMP 2047). This strategic roadmap is aligned with the ‘Viksit Bharat @2047’ vision and aims to position India as a global automotive leader through innovation, sustainability, and international competitiveness.
Building on the achievements of previous Automotive Mission Plans, AMP 2047 focuses on stakeholder collaboration to drive advancements across the sector. The inaugural meeting of AMP 2047 Sub-Committees outlined the framework and objectives, with Additional Secretary Dr Hanif Qureshi stating that the plan is backed by concrete goals targeting sector growth, exports, and global presence.
The meeting brought together representatives from key ministries—including Power, Road Transport and Highways, Commerce, Petroleum and Natural Gas, DPIIT, and Environment—as well as industry bodies like SIAM, ACMA, CII, and FICCI, academic institutions, and think tanks.
AMP 2047 is being shaped through an industry-led, multi-stakeholder process involving Original Equipment Manufacturers (OEMs), component manufacturers, policymakers, and academia. It will address pressing challenges such as rapid technological evolution and charging infrastructure for electric mobility.
Seven Sub-Committees comprising experts from government, industry, and academia will develop a phased roadmap with milestones set for 2030, 2037, and 2047. These inputs will be consolidated and presented to the Apex Committee chaired by Kamran Rizvi, Secretary, Ministry of Heavy Industries.
The Ministry reaffirmed its commitment to building a self-reliant, future-ready automotive ecosystem and expressed gratitude to all participants contributing to the shared vision of a developed India by 2047.

The Ministry of Heavy Industries, under the leadership of Prime Minister Narendra Modi and Minister for Heavy Industries and Steel H.D. Kumaraswamy, has initiated the formulation of the Automotive Mission Plan 2047 (AMP 2047). This strategic roadmap is aligned with the ‘Viksit Bharat @2047’ vision and aims to position India as a global automotive leader through innovation, sustainability, and international competitiveness.Building on the achievements of previous Automotive Mission Plans, AMP 2047 focuses on stakeholder collaboration to drive advancements across the sector. The inaugural meeting of AMP 2047 Sub-Committees outlined the framework and objectives, with Additional Secretary Dr Hanif Qureshi stating that the plan is backed by concrete goals targeting sector growth, exports, and global presence.The meeting brought together representatives from key ministries—including Power, Road Transport and Highways, Commerce, Petroleum and Natural Gas, DPIIT, and Environment—as well as industry bodies like SIAM, ACMA, CII, and FICCI, academic institutions, and think tanks.AMP 2047 is being shaped through an industry-led, multi-stakeholder process involving Original Equipment Manufacturers (OEMs), component manufacturers, policymakers, and academia. It will address pressing challenges such as rapid technological evolution and charging infrastructure for electric mobility.Seven Sub-Committees comprising experts from government, industry, and academia will develop a phased roadmap with milestones set for 2030, 2037, and 2047. These inputs will be consolidated and presented to the Apex Committee chaired by Kamran Rizvi, Secretary, Ministry of Heavy Industries.The Ministry reaffirmed its commitment to building a self-reliant, future-ready automotive ecosystem and expressed gratitude to all participants contributing to the shared vision of a developed India by 2047. 

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->