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Automotive Mission Plan 2047 Launched to Boost Innovation and Trade

Written by: Team Angel OneUpdated on: 18 Jul 2025, 6:23 pm IST
AMP 2047 targets India’s global automotive trade share growth with innovation, sustainability and a roadmap for milestones till 2047.
Automotive Mission Plan 2047 Launched to Boost Innovation and Trade
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The Ministry of Heavy Industries has introduced the Automotive Mission Plan 2047 (AMP 2047), a forward-thinking initiative to establish India as a leader in global automotive manufacturing and trade. Aligned with the ‘Viksit Bharat @2047’ vision, it lays down structured goals across decades.

AMP 2047: Driving India Toward Automotive Leadership

AMP 2047 is a strategic vision to position India prominently in the global auto sector. The plan builds on previous missions and prioritises innovation, sustainability, and competitiveness. Seven expert-led Sub-Committees will set developmental targets for 2030, 2037, and 2047, ensuring the road to transformation is systematic and inclusive. This effort involves coordination among ministries like Power, Commerce, Roads, and Environment alongside industry leaders and academic institutions.

Industry-Led Roadmap with Broad Participation

AMP 2047 is designed as an industry-led strategy involving Original Equipment Manufacturers (OEMs), component makers, policy planners, R&D agencies, and users. The first Sub-Committee meeting emphasised collaboration over competition, with a focus on innovation-driven exports and advancing technologies, including electric mobility and charging infrastructure.

Multi-Decade Milestones and Strategic Focus Areas

Milestones will be tracked in three major phases across 2030, 2037, and 2047. Technological evolution, global trade share increment, and sustainable practices form key benchmarks. The plan is not limited to specific technologies but supports an ecosystem where India’s automotive exports and capabilities expand globally through quality and innovation.

Read More: PLI-Auto Scheme Spurs ₹29,576 Crore Investment and 45,000 Jobs!

Government’s Commitment to a Sustainable Auto Ecosystem

Under the leadership of Minister Shri H.D. Kumaraswamy and Apex Committee Chair Shri Kamran Rizvi, the initiative demonstrates a strong governmental focus on creating a resilient and self-reliant automotive future. The Ministry will collate Sub-Committee findings and strategise policy support accordingly.

Conclusion

AMP 2047 sets a comprehensive path to elevate India’s global automotive standing. Through public-private partnerships, defined milestones, and a focus on innovation and sustainability, it presents a cohesive vision for the nation’s automotive future till 2047.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jul 18, 2025, 12:53 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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