India’s Automotive Mission Plan 2047
The Government of India has launched the Automotive Mission Plan 2047 (AMP 2047) to transform India into a global automotive leader by 2047. This strategic roadmap aligns with the broader ‘Viksit Bharat @2047’ vision. The plan emphasises innovation, sustainability, and increased global trade share. Multiple ministries, industry bodies, academia, and experts are collaborating to set clear milestones for 2030, 2037, and 2047.
Background and Recent Developments
AMP 2047 builds on the earlier AMP 2016-2026 initiative. The previous plan aimed to place India among the top three global automotive hubs by value addition, exports, and job creation. AMP 2047 seeks to expand this vision with a stronger focus on technology, quality, and sustainability. Seven expert sub-committees have been formed to guide the process. They include representatives from government, industry, and academia.
Objectives and Strategic Focus
The plan targets sector growth, export enhancement, and industry advancement. It is designed to boost India’s share in the global automotive market. Innovation and quality are central themes. The roadmap moves beyond specific technologies or companies to focus on India’s global standing. The initiative includes developing infrastructure such as EV charging networks and adopting emerging technologies.
Stakeholder Involvement
The AMP 2047 involves a broad range of stakeholders. These include Original Equipment Manufacturers (OEMs), auto component makers, policy-makers, academia, and end users. Industry bodies like SIAM, ACMA, CII, and FICCI actively participate. Several ministries such as Power, Road Transport and Highways, Commerce, Petroleum and Natural Gas, and Environment are engaged. Testing agencies and research think tanks also contribute.
Milestones and Timeline
The roadmap sets clear targets for 2030, 2037, and 2047. These milestones aim at phased growth in production, exports, and technology adoption. The plan envisages India becoming a leader in engineering and manufacturing of vehicles and components. It also focuses on job creation and increasing the automotive sector’s contribution to GDP. The strategy is adaptive to future technological and market changes.
Challenges and Opportunities
AMP 2047 addresses challenges like rapid technology shifts, infrastructure gaps, and global competition. It promotes sustainability through electric mobility and cleaner fuels. The plan encourages innovation in product design and manufacturing processes. It also seeks to enhance skill development to meet future industry demands. Export growth is targeted through quality improvements and global market integration.
| Related | |
|---|---|
