Automotive Mission Plan-II 2016-26

The Automotive Mission Plan-I 2006-16 sought to make India world’s destination choice for design and manufacture of automobiles and auto components. In September 2015, the Automotive Mission Plan-II 2016-26 (AMP 2016) has been released by the Government. This plan outlines the broad vision of Government of India and the automobile industry on where the industry should stand after a decade. This plan seeks to propel the sector to be the engine of the Make in India programme. The key features are as follows:

• By 2026, India’s automotive industry is to grow by 4 times of current value of USD 74 Billion and India will be one of the top three automotive industries in the world.
• The current share of automotive sector at 7.1% to grow to 12% by 2026 and the sector will generate 12 million additional jobs.
• The plan aims to make automotive sector as engine of Make in India.
• AMP envisages to implement End of Life Policy for automotive vehicles and components.
• BS-V (Bharat Stage-V) norms to be adopted by 2019 and BS-VI norms to be implemented 2023 for passenger vehicle.
• Implementation of the End of Life policy for automotive vehicles and components. End of Life policy seeks to retire older vehicles and components that are not conducive for further use must be in place.