May 22, 2024 19:47 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
BJP suspends Bhojpuri actor Pawan Singh for contesting as an Independent candidate from Bihar's Karakat | Supreme Court dismisses former Jharkhand CM Hemant Soren's plea against ED arrest in land scam case | Pune accident: Porsche that ran over two was not registered over non-payment | Delhi woman minister smiling maligning my character: Swati Maliwal's fresh salvo against AAP | Supreme Court rejects batch of pleas seeking review of Article 370 verdict

Govt aims to make automobiles manufacturing main driver of 'Make in India' initiative

| | 16 Sep 2016, 09:04 pm
New Delhi, Sept 16 (IBNS): Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises, Government of India has said that Government of India aims to make automobiles manufacturing the main driver of 'Make in India' initiative, as it expects passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.

Addressing a CII International Automotive Design Conclave 2016 here in New Delhi on Friday, Girish Shankar said that Government has formulated a Scheme for Faster Adoption and Manufacturing of Electric and Hybrid Vehicles in India, under the National Electric Mobility Mission 2020 to encourage the progressive induction of reliable, affordable and efficient electric and hybrid vehicles in the country.

He also mentioned that both the industries and industrial organizations have to explore the development of funding strategies / models / mechanisms for design and development and how the outcome of these strategizes can be monetized.

Amitabh Kant, Chief Executive Officer, NITI Aayog said that India should become the society of Design and innovation to attain and sustain 9-10 % growth rate while addressing a . Private Sector has a critical role in developing the growth potential of the design industry. Government of India will very soon open 4-5 more design institutes.

He further said that Indian private sector should also open design institutes for nurturing talent and innovating minds. Indian companies need to think large to penetrate global markets by focussing on exports and becoming an integral part of the Global Supply Chain. Make in India is also about Intellectual Property Rights, Innovation and continuous improvement. Digital / IT companies and manufacturing companies need to work together to create a disruptive culture for creating globally competitive designs. He also said that design is all about simplicity.
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.