Union Minister for Heavy Industries and Steel, H D Kumaraswamy has urged India's automobile and auto component industry to focus on design, domestic value addition and technology to help the country take a leading role in the global electric vehicle (EV) transition. He said that India’s progress in electric mobility cannot be measured only by the number of electric vehicles sold. He also urged automakers and component manufacturers to invest more boldly in cleaner, more efficient, and emerging technologies with the objective of not only to make in India, but to make for the world.
He said the Ministry of Heavy Industries will continue to work closely with ACMA, SIAM, and industry stakeholders to improve scheme implementation, address operational issues, and create an enabling environment for investment and innovation. He said government schemes are supporting investment, domestic value addition, advanced technology, manufacturing, and the transition to cleaner mobility. He observed that India's green mobility transition is gathering momentum.
Highlighting the vision of Viksit Bharat 2047, the minister said India should not merely participate in the global mobility transition; India should help lead it. He stressed that the next phase must be about leadership, building scale, deepening localisation, accelerating innovation, and establishing India as a globally competitive hub for advanced and green mobility technologies. He said the automotive and auto component industry is central to this journey. It supports millions of livelihoods, anchors a vast MSME ecosystem, and has a powerful multiplier effect across steel, electronics, engineering, chemicals, logistics, and services.
He noted that the Production-Linked Incentive (PLI) Scheme for the Automobile and Auto Component Industry is showing encouraging results. The Scheme has attracted an investment of Rs 45,477 crore and generated employment of more than 67,000 as of June 30, 2026.