ACMA wants definitive roadmap from Indian government for readying the component industry to ensure 2030 mission of making all cars electric
Automotive Component Manufacturer’s Association of India wants the Indian government to provide a definite roadmap for the 2030 electric vehicle mission. The association needs the roadmap for readying the component industry to meet the EV mission. Also, to comply with the EV mission, the component manufacturers need to make further investments as well.
According to the Automotive Mission Plan (AMP) 2026, component manufacturers were expected to achieve a turnover of $200 billion by 2026 with an investment of $25-$30 billion starting from 2016. But, now, with Indian government aiming to introduce pure electric mobility across the country by 2030, the component making industry needs to redesign its current strategy.
To comply with the BS-IV emission norm Indian component manufacturing industry has already invested more than Rs. 1,000 crore and currently, it is gearing up to migrate to BS-VI emission norm that is scheduled to be implemented from 2020. Also, the Real Driving Emissions that is scheduled to be implemented in the country from 2023 is giving the industry a tough run to make desired preparation.
According to the Indian automotive component manufacturing industry, it is already running out of time to meet the upcoming emission norms. Amidst that government’s plan to introduce all-electric mobility by 2030 will create a total disruption. To clear out the confusion the industry needs a definitive roadmap. The industry also says that lack of funding will make the migration from current internal combustion engines to electric powertrains an uphill task.
All-electric mobility by 2030 is an ambitious project from the Indian government aiming to make the mobility emission free. But, this is not going to be an easy task as India lacks the much needed infrastructure required for the pure electric mobility. However, the government is hopeful to make this plan successful and several automakers too have already showed interest in the strategy.