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'Make in India' will remain mere speeches unless India becomes self-reliant in production: Rahul Gandhi
'Make in India' will remain mere speeches unless India becomes self-reliant in production: Rahul Gandhi

Time of India

timea day ago

  • Business
  • Time of India

'Make in India' will remain mere speeches unless India becomes self-reliant in production: Rahul Gandhi

Congress leader Rahul Gandhi on Saturday attacked the government's ' Make in India ' initiative saying it is merely assembling and not manufacturing as he called for ground-level changes to help move beyond the assembly line . "Until India becomes self-reliant in production, talks of jobs, growth, and 'Make in India' will remain mere speeches," he also said. Explore courses from Top Institutes in Select a Course Category Leadership Cybersecurity Public Policy Product Management others Operations Management Data Analytics Healthcare Degree Technology Artificial Intelligence PGDM MCA Project Management Data Science Finance CXO MBA healthcare Design Thinking Management Digital Marketing Others Data Science Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details "Ground-level change is needed so that India moves beyond the assembly line to become a true manufacturing power and can compete with China on equal footing," he wrote in a post in Hindi on X. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo "Do you know that 80% of the components of most TVs made in India come from China? "In the name of 'Make in India,' we are merely assembling - not truly manufacturing. From iPhones to TVs - the parts come from abroad, we just put them together," the Leader of Opposition in Lok Sabha said. Live Events He said small entrepreneurs want to manufacture, but there's neither policy nor support. "On the contrary, heavy taxes and the monopoly of select corporates - which have gripped the country's industry," he noted. Gandhi tagged a 7-minute video of his visit to a local unit assembling TVs in Greater Noida. In the video of Gandhi's conversation with the local TV unit, he is heard saying that 'Make in India' is actually 'Assemble in India'. He also talks about reducing margins due to a single big player's monopoly in supply of parts.

Astronomer CEO  Andy Byron's first word after getting caught on Coldplay kiss cam was this and then Kristin Cabot reacted
Astronomer CEO  Andy Byron's first word after getting caught on Coldplay kiss cam was this and then Kristin Cabot reacted

Time of India

time2 days ago

  • Entertainment
  • Time of India

Astronomer CEO Andy Byron's first word after getting caught on Coldplay kiss cam was this and then Kristin Cabot reacted

As the kiss cam at the Coldplay concert on Wednesday (July 16) night zoomed in to reveal what has become the biggest online scandal in recent days, the man at the center of the extramarital controversy uttered something as he took cover to hide his identity. The camera had revealed Astronomer CEO Andy Byron hugging tightly his alleged girlfriend Kristin Cabot , the top HR leader at the same company. Coldplay lead singer Chris Martin quickly remarked at the romancing duo in the audience at Gillette Stadium in Foxborough, Massachusetts. "Whoa, look at these two... either they're having an affair or they're very shy...I hope we didn't do something bad," as the two persons in the now viral video ducked. Explore courses from Top Institutes in Select a Course Category Leadership Data Analytics Cybersecurity Technology Data Science Product Management Digital Marketing Degree Operations Management Others Project Management others MCA Public Policy Finance healthcare Artificial Intelligence Management MBA Design Thinking Data Science Healthcare PGDM CXO Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Andy Byron and Kristin initially looked straight into the camera before realising that they were visible to the entire audience. They then tried to conceal their faces but by then their escapade had been captured on the kiss cam. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like SRM Online MBA | India's top ranked institute SRM Online Learn More Undo Kristin reacted first and put her hands over her face while turning backwards and then moving behind another landy standing besides her. The lady who was seen giggling and visibly embarassed was later identified as Alyssa Stoddard, a colleague of Brydon and Kristin at Astronomer. Also Read: Andy Byron's apology letter hides a big secret; here is the truth behind his statement after the viral Coldplay video with Kristin Cabot Live Events Bryon was a bit late to react. After Kristin had covered her face and turned her back to the kiss cam, the Astronomer CEO bowed down and ducked. Soon the video was all over the social media in the US and went viral on TikTok, X, Instragram, Facebook and even Linkedin. It was scrutinized closely and their identities revealed. While their facial reactions have been well documented, what did the two utter when they realized that kiss cam had caught them cheating. Andy Brydon and Kristin Cabot said this A visibly unhappy Byron reportedly shouted an expletive when he saw the kiss cam was panned on their faces and showing their closely embraced bodies to the world. According to a video on TikTok, Bryon seemed to utter: 'f***ing hell, it's me.' Kristin, on the other hand seemed to say: 'this is awkward.' As their alleged extramarital affair played out on social media, the two went incognito and their has been no reaction from them. Also Read: Astronomer CEO Andy Byron removes LinkedIn post as wife Megan Kerrigan drops surname 'Byron', deletes FB account A viral apology letter bearing Andy Bryon's name was shared on X by a person claiming to be working with CBS News. However, the letter was found to be fake and the handle, a parody account, was soon suspended for violating X rules. An X post on the video featuring Andy Bryon and Kristin Cabiot by was also found to be fake. With the video splattered across social media and Bryon's name plastered on news websites, his wife Megan Kerrigan first removed her surname and then deleted her social media pages and accounts.

Embassy REIT to tap debt market with Rs 2,000 crore bond sale: Sources
Embassy REIT to tap debt market with Rs 2,000 crore bond sale: Sources

Time of India

time2 days ago

  • Business
  • Time of India

Embassy REIT to tap debt market with Rs 2,000 crore bond sale: Sources

MUMBAI: India's Embassy Office Parks REIT is in talks with bankers to raise Rs 2,000 crore ($232.79 million) via the issuance of five-year corporate bonds , three sources aware of the matter said on Wednesday. The real estate investment trust will look to close the funding round before the end of this month, the sources said requesting anonymity as the talks are private. Explore courses from Top Institutes in Select a Course Category Leadership Finance Operations Management others Management MCA Healthcare Design Thinking PGDM Data Analytics Degree CXO healthcare Public Policy MBA Product Management Digital Marketing Data Science Others Data Science Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas Prices In Dubai Might Be More Affordable Than You Think Villas In Dubai | Search Ads Get Quote Undo The debt sale could attract strong demand from mutual funds as well as some insurance companies , as the notes are rated 'AAA' by Crisil, they said. The firm did not reply to a Reuters email seeking comment. Embassy REIT will tap the bond market for the second time this year after it raised 7.50 billion rupees in June through the sale of 21-month bonds at a coupon of 6.9650%, payable on a quarterly basis. Live Events "Since the company is targeting a larger quantum as compared to the June issue, they have gone for a slightly higher tenor to attract demand from insurance companies," one of the sources said. The coupon on this bond issue has not been decided. The ratings continue to factor in exposure to refinancing risks and susceptibility to volatility in the real estate sector, resulting in fluctuations in rental rates and occupancy, rating agency Crisil said. Currently, the company has outstanding bonds worth around 85 billion rupees, as per Crisil.

Flex Fuel and Electric to Sit at the Same Table in CAFÉ 3
Flex Fuel and Electric to Sit at the Same Table in CAFÉ 3

Time of India

time2 days ago

  • Business
  • Time of India

Flex Fuel and Electric to Sit at the Same Table in CAFÉ 3

The Centre is working on balancing regulations under the third edition of the Corporate Average Fuel Efficiency (CAFÉ 3) norms to encourage customer adoption of flex fuel and electric vehicles , minister for road, transport & highways (MoRTH) Nitin Gadkari said. This will help rein in crude imports and vehicular emissions. Explore courses from Top Institutes in Select a Course Category Leadership Artificial Intelligence Others Cybersecurity Operations Management MCA Design Thinking others healthcare Product Management Data Science Technology Data Analytics Degree Healthcare CXO PGDM Public Policy Project Management Data Science MBA Finance Digital Marketing Management Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details While CAFÉ norms have so far been skewed in favour of electric vehicles, the upcoming regulations will take into account the contribution of flex fuel and battery technologies in its new avatar. Flex fuel refers to blends, such as ethanol and petrol. 'The old CAFÉ norms were electric centric,' Gadkari said at an ET Roundtable on Thursday. 'The new CAFÉ 3 norms will balance both electric and flexi fuel engines.' A high-level meeting of top officials from the ministry of road transport and highways and ministry of power as well as the principal scientific adviser was held on Wednesday to firm up the norms. The minister had called for consultations with industry stakeholders earlier this month on the matter. CAFÉ 3 regulatory norms are set to come into effect from April 2027. A car's CO2 emissions are directly proportional to the amount of fuel it consumes. This means that some models can have higher emissions if the manufacturer has fuel-efficient vehicles in its portfolio. CAFÉ 3 regulations set fuel efficiency standards for car manufacturers with the aim of lowering fuel consumption and emissions. These norms apply to a manufacturer's entire model range, not individual models. While the industry is divided over the proposal on differential treatment to big and small cars under CAFÉ 3 norms, Gadkari said a final decision will align with the country's needs. 'Despite different lobbies working on it, we have to work in the interest of the country, keeping in mind pollution, cost, import and benefits for agriculture,' he said. Small cars don't have a separate standard under the existing CAFÉ 2 norms that are in force through March 2027. According to the existing rules, the average emissions of all passenger vehicles weighing less than 3,500 kg — including CNG, hybrids and electric vehicles — sold by each manufacturer should not be more than 113 grams of CO2 per kilometre. Vehicles in the local market currently run on petrol with a blend of 20% ethanol. While ethanol-blended fuel helps in reducing crude oil consumption, the lower calorific value of ethanol increases fuel consumption and therefore emissions, according to experts. According to Gadkari, trials are being held in the ministry of petroleum and natural gas on Russian technology that can raise the calorific value of ethanol to match that of petrol. This will eventually make 100% ethanol viable in the country, he said. Responding to a query on tightening emission norms, Gadkari said there had been much resistance when India decided to jump from BS-IV to BS-VI in 2020. 'India's emission norms are comparable to the world. Now there is talk of Euro VII. We are preparing for it,' he said. Commenting on the ban on end-of-life vehicles in the National Capital Region, Gadkari said, 'This should be addressed by taking a studied legal position on the issue,' but added that converting a petrol or diesel vehicle into CNG makes economic sense. He also said the Delhi government has the authority to make laws on the petrol-diesel vehicle ban, and take measures to address concerns regarding the legality of the move while keeping public health in mind. Petrol vehicles older than 15 years and diesel vehicles older than 10 aren't allowed in the national capital region (NCR), according to the National Green Tribunal order upheld by the Supreme Court. ON BIG VS SMALL CARS Despite different lobbies working on it, we have to work in the interest of the country, keeping in mind pollution, cost, import and benefits for agriculture.

Govt begins formulation of Automotive Mission Plan 2047 to establish India as global auto leader
Govt begins formulation of Automotive Mission Plan 2047 to establish India as global auto leader

Time of India

time3 days ago

  • Automotive
  • Time of India

Govt begins formulation of Automotive Mission Plan 2047 to establish India as global auto leader

The government has initiated the formulation of the Automotive Mission Plan 2047 (AMP 2047), a strategic road map aligned with the 'Viksit Bharat @2047' vision to establish India as a global automotive leader, focusing on innovation and sustainability, the Ministry of Heavy Industries said on Thursday. Sub-committees for AMP 2047 have held a meeting to outline objectives and framework and targets for sectoral growth, exports and industry advancement, to help increase India's share in global automotive trade. Explore courses from Top Institutes in Select a Course Category Leadership Operations Management Data Science Design Thinking Public Policy Data Science Product Management Degree MCA Project Management PGDM Digital Marketing Technology CXO Management Data Analytics Healthcare healthcare Others MBA Finance Artificial Intelligence others Cybersecurity Skills you'll gain: Critical Thinking & Decision-Making Skills Power of Emerging Technologies Innovation and Drive Organizational Change Fostering a Culture of Innovation Duration: 9 Months MIT xPRO MIT Technology Leadership and Innovation Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 18 Weeks 109820388 Strategic Marketing for Leaders: Leveraging AI for Growth Starts on undefined Get Details Skills you'll gain: Opportunities & Outlining Plans to use AI & ML Applying Data-Driven Business Innovation Best Practices Changing Culture to Integrate AI-Enabled Technologies Ethics, Privacy and Regulations in AI & ML Duration: 20 Weeks Indian School of Business ISB Leadership in AI Starts on May 14, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Senior Management Programme Starts on undefined Get Details Skills you'll gain: Duration: 10 Months IIM Indore Executive Programme in Business Management Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode Advanced Strategic Management Programme Starts on undefined Get Details Skills you'll gain: Strategic Thinking & Planning Competitive Advantage & Market Positioning Strategic Leadership & Decision-Making Change Management & Organizational Transformation Duration: 1 Year IIM Kozhikode IIMK Advanced Strategic Management Programme Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 22 Weeks Indian School of Business SEPO - ISB Venture Capital & Private Equity India Starts on undefined Get Details Skills you'll gain: Financial Accounting & Analysis Financial Instruments & Markets Corporate Finance & Valuation Investment Management & Banking Duration: 12 Months IIM Kozhikode IIMK Professional Certificate in Financial Analysis and Financial Management Starts on Mar 30, 2024 Get Details Skills you'll gain: Duration: 10 Months IIM Kozhikode CERT-IIMK-Women Leadership Programme INDIA Starts on undefined Get Details Skills you'll gain: Duration: 11 Months IIM Lucknow CERT-IIML SLP India Starts on undefined Get Details Skills you'll gain: Duration: 12 Months IIM Kozhikode SEPO - IIMK CEO Programme India Starts on undefined Get Details Skills you'll gain: Duration: 12 Weeks IIM Kozhikode CERT-IIMK EPIS Async India Starts on undefined Get Details Seven sub-committees, comprising experts from government, industry, and academia, will guide the development of a comprehensive plan targeting milestones for 2030, 2037, and 2047. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologist Reveals: The Simple Morning Habit for a Flatter Belly After 50! Lulutox Undo "The vision for 2047 is not an aspiration but a strategic road map backed by concrete targets for sector growth, exports, and industry advancement. We must think beyond specific technologies or companies and focus on India's global standing in 2047, aiming to increase our share in global automotive trade through innovation and quality," Additional Secretary in the Heavy Industries Ministry Hanif Qureshi said. The initiative involves various ministries, industry bodies ( SIAM , ACMA, CII), academia, and testing agencies for an industry-led effort. Live Events "The Ministry of Heavy Industries, Government of India, under the visionary leadership of Prime Minister Narendra Modi, and with the guidance of Minister for Heavy Industries and Steel H D Kumaraswamy has initiated the formulation of the Automotive Mission Plan 2047 (AMP 2047), a strategic roadmap aligned with the 'Viksit Bharat @2047' vision. The inaugural meeting of the AMP 2047 Sub-Committees was held to outline the objectives and framework," an official statement said. AMP 2047 seeks to integrate the collective vision of stake-holders, including Original Equipment Manufacturers (OEMs), auto component manufacturers, policy-makers, academia and end users, to address challenges like technological advancements and charging infrastructure, the Heavy Industries Ministry stated. The meeting was attended by representatives from various ministries, including the Ministry of Power, Ministry of Road Transport and Highways, Ministry of Commerce, Ministry of Petroleum and Natural Gas, DPIIT, Ministry of Environment Forest and Climate Change and industry bodies such as SIAM, ACMA, and CII, FICCI, academic institutions, research think tanks and testing agencies. The AMP 2016-2026 (AMP 2026) is aimed at bringing the Indian Automotive Industry among the top three of the world in engineering, manufacture and exports of vehicles & components; growing in value to over 12 per cent of India's GDP and generating an additional 65 million jobs.

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