Auto, Auto Components and Electric Vehicle - Invest Karnataka

Auto, Auto Components and Electric

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Auto, Auto Components and Electric

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India, During April 2000- December 2017, Automobile sectorreceived USD 18.43 billion in FDI equity inflows.

Fourth largest producer in the world with an average annualproduction of 25 million vehicles in 2016-17, and is the largestmanufacturer of two-wheelers, three-wheelers and tractors in theworld

By 2020, India is expected to be third largest automotive market inthe world, after China and USA

Overall automobile manufacturing CAGR for period 2011-12 to2016-17, accounts to 3.7%, whereas, passenger vehicles and two-wheelers stood at 3.2% & 4.4% respectively

Karnataka 4th largest automobile producing state in the country, contributing 8.5% to the national output in the sector

Karnataka is home to 7 major OEMs and more than 50 auto component manufacturers

Bengaluru retains 2nd position after Delhi with most vehicles on roads

Karnataka has a huge local market with more than 14 million registered vehicles in the state and connectivity to four of the top five automobile markets in the country

Cluster: Auto Component Cluster: Belagavi,

Shivamoga Auto Cluster: Hoskote, Bengaluru Rural,

Bidadi, Ramnagara Industrial Valve Cluster: Huballi, Dharwad Manufacturing Hubs: Narsapur & Vemagal

Industrial Areas in Kolar District

Sector Scenario: India

Sector Scenario: Karnataka

Karnataka: Auto Hub of India

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Automotive Sector in India is classified under 4 SegmentKarnataka is in the forefront in 3 Segments with leading– Indian andGlobal Players

Location of Automobile plants in Karnataka

Two-wheelers TVS, Honda

Scania CV Ind Pvt Ltd, TAFE, Tata Motors, Volvo

Mahindra REVA, Toyota Kirloskar Motor Pvt Ltd Passenger Vehicles

Commercial Vehicles

Mysore

Narasapura

Bengaluru

Bidadi

Jigani

Narasapura

Doddaballapur

Dharwad

Hoskote

►TVS Motors

►Honda Motorcycles

►Mahindra Reva Electric

►Toyota Kirloskar Motor

►Toyota Industries Engine Limited

►Scania Commercial vehicle

►Tafe Tractors

►Tata Motors

►Volvo Busses

Automobile Segment

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It is projected that there will be a huge demand for low costhybrid and electric vehicles (xEVs) that are suitable for short-distance urban commutes (averaging 50-100 kms per trip)and rugged enough to perform reliably in the summer and inthe monsoon season in India

Hybrid and Electric Vehicles

Government of India (GoI) has a vision to facilitate an all electric carfleet by 2030. Energy import bill of India is expected to double fromaround USD 150 billion to USD 300 billion by 2030.The shift to Electric Vehicles (Evs) will also help to reduce energyimports where it looks to the cut oil import bill to half by 2030

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100% Stamp Duty Exemption & Concessional registration charges Reimbursement Land Conversion Fees Subsidy for setting up ETPs Market Development Assistance Incentives for MSMEs like: Investment Promotion Subsidy, Incentive on

Electricity Duty & Energy Conservation, Incentives for Technology Upgradation & ISO & BIS certification

Additional Incentives to SC/ST, Women, PWD, Ex Servicemen Entrepreneurs

Special Incentives for Large, Mega, Ultra Mega, Super Mega enterprises: Interest Free Loans on Net SGST, GST, VAT, CST

Encouragement to Anchor Industries Export Promotion

Incentives under Karnataka Industrial Policy 2014-2019

Incentives for Electric Vehicle & Components Manufacturing 100% Stamp Duty Exemption & Concessional registration charges Reimbursement Land Conversion Fees Subsidy for setting up ETPs Investment promotion subsidy of 20% - 25% for MSMEs

Special incentive for Large, Mega, Ultra Mega & Super Mega Enterprises: Interest free loan on Net SGST

Additional Incentive for EV Battery Manufacturing/ Assembly & EV Charging/ Swapping Infra Equipment Manufacturing: exemption from tax on electricity tariff

Special Incentives for EV in Non Transport & Transport Vehicles, Service providers for EV Mobility: Capital Subsidy of 25% and Exemption from payment of taxes

Incentives under Karnataka Electric Vehicle & Energy Storage Policy 2017

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Key Players

Principal Secretary to GovernmentDepartment of Information Technology,Biotechnology and Science & TechnologyVI Floor, 5th Stage, M.S. Building,Ambedkar Veedhi, Bengaluru 560 001E-mail : [email protected] ,[email protected]

Managing DirectorKarnataka Biotechnology & Information Technology ServicesBMTC- Central Offices BuildingTTMC 'B' Block, 4th Floor, Shanthinagar,KH Road, Bangalore 560 027E-mail : [email protected] , [email protected]

Commissioner for Textile Development and Director of Handlooms and TextilesNo. 14/3a, RP Bhavan, Nripatunga road, Bengaluru 560 001Ph: +91 80 22271628 Fax: +91 80 22226082e-mail: [email protected]

ACS & Development CommissionerRoom No. 306, 3rd Floor,Vidhana Soudha, Bengaluru – 560 001.Phone: 080-22212804Email: [email protected]

Commissioner for Industrial Development and Director of Industries & Commerce2nd Floor, Khanija Bhavan, No.49,Race Course Road, Bangaluru 560 001www.karnataka.industry.gov.inPh : 91-80-2238 6796, Fax : 91-80-2238 9909Email: [email protected]

Managing DirectorKarnataka Udyog Mitra3rd Floor, Khanija Bhavan (East Wing), No. 49, Race Course Road, Bengaluru – 560 001Ph : 91-80-2228 2392, 2228 5659; 2238

1232Email : [email protected] us at: www.kumbangalore.com

Chief Executive Officer Invest Karnataka Forum3rd Floor, East Wing, Khanija Bhavan, Race Course Road, Bengaluru – 560 001Phone : 91-80-2228 2392Email: [email protected]

Additional Chief Secretary to GovernmentCommerce & Industries Department106, 1st Floor, Vikasa Soudha,Bengaluru - 560 001Email: [email protected]

Contact Details