"As an outcome of the AMP 2026, we are planning that the Indian automotive industry will grow 3..3 per cent (from ETFs)," Dattatreya said on the sidelines of an Assocham event here."The markets are good and lets see the situation, but it is an encouraging one. With this, this year alone, it may go in totality to Rs."We request the auto majors to consider this seriously and fast enough. Also, suggest to us as to how to support this through an appropriate policy framework. 4,64,000 crore in 2015 to about Rs.5-4 times in value from its current output of around Rs. Thats why we have increased (investment)," he said. 45,000-crore mark by the end of this fiscal, Labour Minister Bandaru Dattatreya said on Thursday.New Delhi: The retirement fund body EPFOs investment in stocks through exchange traded funds (ETFs) would cross the Rs. We are already working towards this direction," he said.

The EPFO invested Rs.6,577 crore in 2015-16 and Rs."In the exchange traded funds, we have increased (investment) from 10 per cent to 15 per cent.Dattatreya also said the ministry is working on consolidating 44 labour codes into four in order to simplify them. 45,000 crore, and I feel (that) the rate of return last year was 13. 14,982 crore in 2016-17.Speaking on the occasion, Secretary, Heavy Industries and Public Enterprises, Girish Shankar said there is a huge gap the auto industry must address to ensure Make in India delivers. 16,16,000-18,89,500 crore by 2026, considering an average GDP growth ranging between 5.As of April 21 this year, the stock investment stood at Rs.It also seeks to define the trajectory of evolution of the automotive ecosystem in India including the glide path of specific regulations and wholesale injection molds policies that govern a wide range of parameters affecting the industry.

The four codes pertain to labour, industrial relations, social security and welfare and safety and working conditions.Besides, he said the government plans to create 65 million jobs by 2026 in the auto sector alone. Original equipment manufacturers (OEMs) need to make substantial investment in engineering RD for designing and developing in India so that India graduates to a truly auto engineering hub.The ministry has finalised the net automotive mission plan (AMP) 2016-26, he said, adding that AMP 2026 is a combined effort of the central government and the industry.5 per cent during the period," he said.8 per cent and 7. 21,559 crore