Automobile Industry in India: The Indian auto industry, which is already one of the largest in the world, is seen as the future engine of manufacturing activities in the country.
As per Automotive Mission Plan 2016-26 (AMP 2026), a collective vision of the Government of India and the Indian automotive industry on where vehicles, auto components, and tractor industries should reach in the next ten years in terms of size, contribution to India’s development, global footprint, technological maturity and competitiveness.
Not only is it estimated that by 2026, the number passenger vehicles made in India will increase between 9.4 and 13.4 million units, and commercial vehicles between 2 and3.9 million units, it is also projected that two-wheelers will grow to 50.6-55.5 million units, and tractors to 1.5-1.7 million.
East : A revamped roadmap towards automobile industry boom!: The eastern region has many strengths that that can be leveraged to make it an attractive investment destination. The region is a hub for steel and easy availability of steel Besides, the eastern region already has an auto ancillary ecosystem. An automotive cluster comprising more than 600 auto ancillary companies has been set up in Adityapur (the auto cluster in Jamshedpur).
They have top level quality accreditation and cater to the needs of automotive part manufacturers across various geographies. Quality of workforce is another strength of this region. Our study last year showed that business leaders’ had a positive view of the workforce in this region.
Eastern India has seen phenomenal growth in Passenger vehicles, commercial vehicles along with two wheelers and three wheelers. East has a number of tier II cities growing fast and responding positively towards India’s main stream growth story.
Keeping these factors in mind CII Eastern Region has been organizing Eastern India’s largest Automobile Exhibition focused towards business to business and business to consumer engagement platform.
6, Netaji Subhas Road, Kolkata 700001
2231 3595/ 96,22428196(D)
Fax:(033) 22301721, 22312700