The Government of India and Indian automotive industry’s vision plan referred to as ‘Automotive Mission Plan 2016-26 – AMP 2026’ highlights that the automotive industry with a growth at CAGR of 13 to 15 per cent will have an output of Rs 16,160 billion and Rs 18,895 billion in 2026
Tag: Automotive Mission Plan
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Auto Components Industry: Get Set For Disruption
The Indian auto industry accounts for 7.1 percent of the country’s GDP and is poised to become fourth largest auto market globally by 2020 after China, the US and Japan.
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The changing landscape of Indian automotive industry
The year 2018 will be an exciting year for the auto industry as it focuses on three important pillars: sustainability, safety and modernisation, says Suresh KV.
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Cabinet approves revised cost estimate for NATRIP
Union Cabinet gave its nod for cost revision of the National Automotive Testing and R&D Infrastructure Project (NATRIP) initiative to Rs 3727.30 crore.