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About Automotive Sector

Invest in Automotive Projects in India: Unlocking Lucrative Opportunities
Explore unparalleled investment opportunities in the thriving Indian Automotive sector. As the fourth-largest vehicle market globally, India boasts immense potential for growth and returns. The Automotive industry ranks sixth in the country, projected to create approximately USD 60 million worth of jobs by 2030. With a remarkable production of 18 million vehicles in FY 2022, India claims the top spot in two and three-wheeler manufacturing worldwide. Capitalizing on this momentum, the Government of India anticipates a substantial influx of USD 8-10 billion in both domestic and foreign investments by 2023. Envisioned as a frontrunner in shared mobility by 2030, India aims to rev up the auto industry's worth to USD 180 billion by the close of 2024. Witness this transformative journey by participating in Automotive investment projects in India, bolstered by the Automotive Mission Plan 2016-26—an initiative jointly led by the Indian government and the automotive industry. Seize your chance now and drive prosperity in this dynamic sector.

Automotive Snapshot

  • 107 Opportunities
  • USD 37.72 mn Worth

Mode of Implementation

  • 2 PPP
  • 0 EPC
  • 0 Pure Private
  • 0 To Be Finalized
Top performing states
Automotive | Requirement

Sub-Sectors in Automotive

Components

71 Opportunities

USD 25.15 mn worth

The Automobile component industry in India is projected to be the third largest in the world by 2025.

Manufacturing

36 Opportunities

USD 12.57 mn worth

India is projected to be the world's third-largest automotive market in terms of volume by 2026.

Top Promoters

Latest Updates
  • Opportunities in 13 sectors added
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  • Opportunities in 16 states added
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    Yesterday
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  • 447 new promoters added
    14 October
Policies
  • Motor Vehicles (Amendment) Act, 2019

    An Act to consolidate and amend the law relating to motor vehicles.

  • Automotive Mission Plan (2016-26)

    AMP aims to propel the Indian Automotive industry to be the engine of the "Make in India" programme.

  • Charging Infrastructure Guidelines, Ministry of Power, 2018

    To enable faster adoption of EV in India by ensuring safe, reliable, accessible and affordable charging infrastructure and eco - system

  • Phased Manufacturing Programme for Electric Mobility, DHI, 2019

    To promote the indigenous manufacturing of EVs

  • FAME India Phase - II

    To promote faster adoption and manufacturing of Electric and Hybrid Vehicles

  • National Electric Mobility Mission Plan 2020 (NEMMP)

    To emerge as a leader in electric vehicle market globally by 2020.

  • National Automotive Testing and R&D Infrastructure Project (NATRIP)

    It aims to create a testing, validation and R&D infrastructure, and has invested USD 265 mn crore for setting up of seven auto testing facilities across India.

  • National Auto Policy (Draft)

    This policy aims to increase contribution to GDP, exports and local R&D investments.

  • Faster Adoption and Manufacturing of Hybrid and Electric vehicles (FAME)

    FAME is intended to support the hybrid/electric vehicles market development and its manufacturing eco-system to achieve self-sustenance at the end of the stipulated period.