LMW
LMW

Do you want to advertise here? Contact us

OEM Subscription Banner
OEM Subscription Banner

Do you want to advertise here? Contact us

India: Shaping 3rd largest Automobile industry | OEM Update | Industry Speaks

July 30, 2022 10:49 am

India is shaping to be the 3rd largest automotive industry globally by 2030. Currently, it is the fifth-largest market, and it aims to achieve 100 percent electrification by 2030. The World Economic Forum ranks India 30th on the global manufacturing index, which assesses the manufacturing capabilities. Connectivity is still in the early stages of adoption in India. The demand for electric mobility will bring more innovations and different kinds of players like software and technology providers to enter into the automobile industry.

The PLI scheme would promote domestic manufacture of electric vehicles, hydrogen fuel vehicles, and a boost for local ACC battery storage products, for the Indian EV industry. The government’s ease of doing business and Make in India initiative play an important role in elevating the country’s position. Through the Automotive Mission Plan 2026, the National Electric Mobility Mission Plan, and other initiatives, the government seeks to achieve two objectives—facilitate long-term growth in the industry and reduce emissions and oil dependence.

Advertising

OEM Android App

Your future advertising space? Our media data

On this note, OEM Update will be hosting a round table conference “India: Shaping 3rd largest Automobile industry” on 28th June, 2022. During this 90-minutes session industry experts will talk about emerging opportunities, EV manufacturing practices in the automobile industries, including schemes offering support growth of automobile industry as well as innovations and bringing technology providers for cleaner and sustainable future.

PANELISTS:
Mr. Rajesh Kumar Penchala from Etrio Automobiles Pvt Ltd.
Mr. Puneet Jain from Natural Battery Technologies
Mr. Arindam Lahiri from Automotive Skills Development Council – ASDC

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Webinar
Webinar

Do you want to advertise here? Contact us

Absolent
Absolent
OEM Update QR Code
OEM Update QR Code

Events

amtex
amtex
Fastener Fair India
Fastener Fair India
Himtex 2024
Himtex 2024
Oil & Gas Digital Transformation Africa 2024
Oil & Gas Digital Transformation Africa 2024
Mototech24 Pune
Mototech24 Pune
IFAT India
IFAT India
Pharma India Expo
Pharma India Expo
World of Photonics India
World of Photonics India
IFFE Expo
IFFE Expo
India Essen Welding and Cutting Expo
India Essen Welding and Cutting Expo
Logimat India
Logimat India

eMagazine July 2024

eMagazine July 2024
eMagazine June 2024

Do you want to advertise here? Contact us

Our Sponsors

B&R Automation
B&R Automation
Pragati Gears
Pragati Gears
Carl Zeiss India
Carl Zeiss India
STMCNC
STMCNC
Angel India
Angel India
AMF
AMF
Mallcom
Mallcom
Linear Ways
Linear Ways
igus
igus
Delta Electric
Delta Electric
Ravik Engineers Private Limited
Ravik Engineers Private Limited
Fagor Automation
Fagor Automation
Super Slides
Super Slides
IMTMA- IMTEX 24
IMTMA- IMTEX 24
Autonics
Autonics
ACE Micromatic Group
ACE Micromatic Group
Chicago Pneumatic Tools
Chicago Pneumatic Tools
MMC Hardmetal Pvt Ltd
MMC Hardmetal Pvt Ltd
Mennekes
Mennekes
TruCut
TruCut
amtex-expo
amtex-expo
LMW
LMW
Fietest
Fietest
Filtermist
Filtermist
Exon mobil
Exon mobil
XPS
XPS
Shot Blasting
Shot Blasting