New Delhi, Sep 17 (KNN) Girish Shankar, Secretary, Ministry of Heavy Industries and Public Enterprises has said that Government has aimed to make automobiles manufacturing the main driver of ‘Make in India’ initiative, as it expects passenger vehicles market to reach 9.4 million units by 2026, as highlighted in the Auto Mission Plan (AMP) 2016-26.

Addressing a CII International Automotive Design Conclave 2016 in New Delhi, he said that government has formulated a scheme for faster adoption and manufacturing of electric and hybrid Vehicles in India, under the National Electric Mobility Mission 2020 to encourage the progressive induction of reliable, affordable and efficient electric and hybrid vehicles in the country.

He also mentioned that both the industries and industrial organizations have to explore the development of funding strategies / models / mechanisms for design and development and how the outcome of these strategizes can be monetized.

Amitabh Kant, Chief Executive Officer, NITI Aayog said that India should become the society of Design and innovation to attain and sustain 9-10 % growth rate while addressing a . Private Sector has a critical role in developing the growth potential of the design industry. Government of India will very soon open 4-5 more design institutes.

He further said that Indian private sector should also open design institutes for nurturing talent and innovating minds. Indian companies need to think large to penetrate global markets by focussing on exports and becoming an integral part of the Global Supply Chain. Make in India is also about Intellectual Property Rights, Innovation and continuous improvement. Digital / IT companies and manufacturing companies need to work together to create a disruptive culture for creating globally competitive designs. (KNN Bureau)