SALES

• Over the last decade, the automotive components industry has scaled three times to US$ 39 billion in 2015-16 while exports have grown even faster to US$ 10.8 billion and industry is expected to grow by 14 per cent in FY 2017-18.• Contributes 2.3% to India’s Gross Domestic Product (GDP).• Aims to achieve 5 times growth with a turnover of USD 200 billion,

exports targets between USD 7080 billion and an investment of USD 3040 billion by 2026.• Surpassed Automotive Mission Plan (AMP) 201626 turnover target of

USD 31.84 billion in FY 2016 by registering USD 39 billion.

CUSTOMER COMPLAINTS

• Rising fuel prices• Availability• Cost-effectiveness • Environmental safety• After-sales service• Quality issues• Lack of skilled labor

SECTOR POLICIES

• Auto Policy 2002• Automotive Mission Plan 2016-26• National Automotive Testing And R&D Infrastructure Project

(NATRIP)• Department of Heavy Industries & Public Enterprises• National Electric Mobility Mission Plan 2020 (NEMMP)• Pilot Projects of Electric Vehicle• Faster Adoption & Manufacturing of Electric Hybrid Vehicles (FAME)

Scheme

ANALYTICAL METHODS USED

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