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Press Information Bureau
Government of India
Ministry of Heavy Industries & Public Enterprises
16-February-2018 17:28 IST
Formulation of National Automotive Policy for holistic development of automobile sector in India

 Department of Heavy Industry is working for formulating the National Automotive Policy for holistic development of automobile sector in India. After series of one to one stakeholder consultation, Department has finalized the draft Automotive Policy which proposes to:

Adopt a long-term roadmap for emission standards beyond BSVI and harmonize the same with global standards by 2028

 

Rollout CAFE norms till 2025 and beyond and setup incentives/ penalties

 

Adopt a composite criterion based on length and CO2 emissions to classify vehicles for differential taxation purposes

 

Harmonize automotive standards over the next 5 years in line with WP-29

 

Improve the skill development and training eco-system, increase accountability of ASDC and implement a Labor Market Information System

 

Retain tax exemption on different levels of R&D expenditure with strong audit control

Scale-up of indigenous R&D with commercially viable innovations

 

Harmonize AIS and BIS standards on safety critical parts over next 3 years

 

Fast track adoption of Bharat New Vehicle Safety Assessment Program

 

The draft Automotive Policy is available in the Department of Heavy Industry’s website (www.dhi.nic.in) for information of all stakeholders and for seeking their comments by 26th February 2018.

 

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