AUTOMOTIVE MISSION PLAN :

2016-26 (A CURTAIN RAISER)

The Automotive Mission Plan 2016-26 (AMP 2026) is the collective vision of Government of India
(Government) and the Indian Automotive
Industry on where the Vehicles, Autocomponents, and Tractor industries should reach over the next
ten years in terms of size, contribution
to India’s development, global footprint, technological maturity, competitiveness, and institutional
structure and capabilities. AMP
2026 also seeks to define the trajectory of evolution of the automotive ecosystem in India including
the glide path of specific regulations
and policies that govern research, design, technology, testing, manufacturing, import/ export, sale,
use, repair, and recycling of
automotive vehicles, components and services. AMP 2026 is a document that is aimed at multiple
stakeholders in India and overseas, and seeks to
communicate the Government and industry’s intent and objectives pertaining to the Indian
Automotive industry, comprising the automotive
vehicle manufacturers, the auto-component manufacturers and tractor manufacturers who operate in
India.

Automotive Mission Plan 2006-2016

"To emerge as the destination of choice in the world for design and manufacture of
automobiles and auto components with output reaching a level of US$ 145 billion accounting
for more than 10% of the GDP and providing additional employment of 25 million people by
2016"

AUTO POLICY VISION2002

TO ESTABLISH A GLOBALLY COMPETITIVE AUTOMOTIVE

INDUSTRY IN INDIA AND TO DOUBLE ITS CONTRIBUTION TO
THE ECONOMY BY 2010

1. POLICY OBJECTIVES
This policy aims to promote integrated, phased, enduring and self-sustained growth of the Indian
automotive industry. The objectives are to:-
(i) Exalt the sector as a lever of industrial growth and employment and to achieve a high degree of value
addition in the country;
(ii) Promote a globally competitive automotive industry and emerge as a global source for auto
components;
(iii) Establish an international hub for manufacturing small, affordable passenger cars and a key center for
manufacturing Tractors and Two-wheelers in the world;
(iv) Ensure a balanced transition to open trade at a minimal risk to the Indian economy and local industry;
(v) Conduce incessant modernization of the industry and facilitate indigenous design, research and
development;
(vi) Steer India's software industry into automotive technology;
(vii) Assist development of vehicles propelled by alternate energy sources;
(viii) Development of domestic safety and environmental standards at par with international standards.
AUTO POLICY- 2002

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Auto Policy-2002 comprises several policy decisions that aim at making the Indian automotive industry
globally competitive and for raising its contribution to the economy. Discontinuation of foreign
exchange neutrality requirement and approval of 100% FDI via automatic route are the policy decisions
aimed at creating a more conducive environment for the foreign investors.

OBJECTIVES OF POLICY

This policy aims to promote integrated, phased, enduring and selfsustained growth of the Indian
automotive industry. The objectives are toExalt the sector as a lever of industrial growth and
employment and to achieve a high degree of value addition in the country;

Promote a globally competitive automotive industry and emerge as a global source for auto
components; Establish an international hub for manufacturing small, affordable passenger cars and a
key center for manufacturing Tractors and Twowheelers in the world; Ensure a balanced transition to
open trade at a minimal risk to the Indian economy and local industry; Conduce incessant modernization
of the industry and facilitate indigenous design, research and development; Steer India's software
industry into automotive technology; Assist development of vehicles propelled by alternate energy
sources; Development of domestic safety and environmental standards at par with international
standards.

PRIME FEATURES OF AUTO POLICY- 2002

FOREIGN DIRECT INVESTMENT

IMPORT TARIFF

IMPROVING ROAD INFRASTRUCTURE

INCENTIVE FOR RESEARCH AND DEVELOPMENT

BUILDING BYE LAWS FOR RESIDENTIAL, COMMERCIAL AND OTHER USES

ENVIRONMENTAL ASPECTS

SAFETY

HARMONISATION OF STANDARDS: