+
India Launches Automotive Mission Plan 2047 for Global Leadership
ECONOMY & POLICY

India Launches Automotive Mission Plan 2047 for Global Leadership

The government has initiated the formulation of the Automotive Mission Plan 2047 (AMP 2047), a strategic roadmap aligned with the ‘Viksit Bharat @2047’ vision to establish India as a global leader in the automotive sector, focusing on innovation and sustainability, the Ministry of Heavy Industries announced on Thursday.
Seven sub-committees, comprising experts from government, industry, and academia, have convened to outline objectives, framework, and targets for sectoral growth, exports, and industrial advancement, aiming to increase India’s share in global automotive trade.
“The vision for 2047 is not merely aspirational but a strategic roadmap backed by concrete targets for sector growth, exports, and industry advancement. We must think beyond specific technologies or companies and focus on India’s global standing in 2047, aiming to boost our share in global automotive trade through innovation and quality,” said Hanif Qureshi, Additional Secretary in the Ministry of Heavy Industries.
The initiative involves various ministries, industry bodies including the Society of Indian Automobile Manufacturers (SIAM), Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII), as well as academic institutions and testing agencies in an industry-led effort.
An official statement added, “Under the visionary leadership of Prime Minister Narendra Modi and guidance of Minister for Heavy Industries and Steel H D Kumaraswamy, the Ministry of Heavy Industries has commenced the formulation of AMP 2047. The inaugural meeting of the AMP 2047 sub-committees was held to outline its objectives and framework.”
AMP 2047 seeks to integrate the collective vision of stakeholders—original equipment manufacturers (OEMs), auto component makers, policy-makers, academia and end users—to address challenges such as technological advancements and charging infrastructure.
Representatives from the Ministries of Power, Road Transport and Highways, Commerce, Petroleum and Natural Gas, Department for Promotion of Industry and Internal Trade (DPIIT), Environment, Forest and Climate Change, along with industry bodies and academic institutions, attended the meeting.
The current AMP 2016–26 aims to position the Indian automotive industry among the world’s top three in engineering, manufacturing, and exports of vehicles and components, targeting growth to over 12 per cent of India’s GDP and generating an additional 65 million jobs. 

The government has initiated the formulation of the Automotive Mission Plan 2047 (AMP 2047), a strategic roadmap aligned with the ‘Viksit Bharat @2047’ vision to establish India as a global leader in the automotive sector, focusing on innovation and sustainability, the Ministry of Heavy Industries announced on Thursday.Seven sub-committees, comprising experts from government, industry, and academia, have convened to outline objectives, framework, and targets for sectoral growth, exports, and industrial advancement, aiming to increase India’s share in global automotive trade.“The vision for 2047 is not merely aspirational but a strategic roadmap backed by concrete targets for sector growth, exports, and industry advancement. We must think beyond specific technologies or companies and focus on India’s global standing in 2047, aiming to boost our share in global automotive trade through innovation and quality,” said Hanif Qureshi, Additional Secretary in the Ministry of Heavy Industries.The initiative involves various ministries, industry bodies including the Society of Indian Automobile Manufacturers (SIAM), Automotive Component Manufacturers Association of India (ACMA), Confederation of Indian Industry (CII), as well as academic institutions and testing agencies in an industry-led effort.An official statement added, “Under the visionary leadership of Prime Minister Narendra Modi and guidance of Minister for Heavy Industries and Steel H D Kumaraswamy, the Ministry of Heavy Industries has commenced the formulation of AMP 2047. The inaugural meeting of the AMP 2047 sub-committees was held to outline its objectives and framework.”AMP 2047 seeks to integrate the collective vision of stakeholders—original equipment manufacturers (OEMs), auto component makers, policy-makers, academia and end users—to address challenges such as technological advancements and charging infrastructure.Representatives from the Ministries of Power, Road Transport and Highways, Commerce, Petroleum and Natural Gas, Department for Promotion of Industry and Internal Trade (DPIIT), Environment, Forest and Climate Change, along with industry bodies and academic institutions, attended the meeting.The current AMP 2016–26 aims to position the Indian automotive industry among the world’s top three in engineering, manufacturing, and exports of vehicles and components, targeting growth to over 12 per cent of India’s GDP and generating an additional 65 million jobs. 

Next Story
Infrastructure Transport

Syama Prasad Mookerjee Port Partners to Redevelop Nimtala Ghat

Kolkata: Syama Prasad Mookerjee Port, Kolkata (SMPK), signed a Memorandum of Understanding (MoU) on Tuesday with PS Group Realty Private Limited to redevelop and beautify Nimtala Ghat as part of PS Group’s Corporate Social Responsibility (CSR) initiative.The agreement was formalised at SMPK’s Head Office at 15, Strand Road, in the presence of SMPK chairman Rathendra Raman, deputy chairman Samrat Rahi, PS Group directors Saurav Dugar, Gaurav Dugar, Arun Sancheti, and senior SMPK officials.Under the MoU, PS Group will undertake the full redevelopment and permitted construction of Nimtala Imm..

Next Story
Infrastructure Urban

CSIR-NCL and Covestro Collaborate to Upcycle Polyurethane Waste

In a move towards sustainable plastic waste management, Pune-based CSIR-National Chemical Laboratory (CSIR-NCL) signed a Memorandum of Understanding (MoU) with Covestro (India) Private Limited on Wednesday to develop innovative upcycling technologies for polyurethane waste.Polyurethane is notoriously difficult to recycle, with current methods often proving inefficient, costly, and environmentally harmful. This collaboration aims to address existing challenges, including high energy usage and deterioration of material quality during recycling.Ashish Lele, director of CSIR-NCL, stated, “This p..

Next Story
Infrastructure Urban

Torrent Pharma Seeks CCI Approval for Rs 195 Billion JB Chemicals Deal

Ahmedabad-based Torrent Pharmaceuticals has sought clearance from the Competition Commission of India (CCI) to acquire a majority stake in J B Chemicals and Pharmaceuticals in a Rs 195 billion deal.Upon completion, Torrent Pharmaceuticals will become India’s second most valuable pharmaceutical company.The move follows Torrent’s June announcement to acquire a majority stake in J B Chemicals for Rs 195 billion.“The proposed combination pertains to the acquisition of shareholding by Torrent Pharmaceuticals Ltd in J B Chemicals & Pharmaceuticals Ltd, followed by the merger of the target ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?