collective efforts of all central public sector enterprises will help india become a usd 5trillion economy in the next five years new delhi the countrys automobile sector which attracted usd 165 billion in fdi between april 2000 and december 2016 is expected to attract usd 810 billion more in local and foreign investments by 2023 the government said thursdaythe year end review 2018 of the ministry of heavy industries and public enterprises which made the projections said growth of the industry in india since early 1990s is an example of how industrial prowess supported by progressive policies and national economic growth can yield rewards to all stakeholders advt the government and the automotive sector articulated their objectives for the future of the industry through the automotive mission plan 201626the plan envisions that by the year 2026 india will be the third in the world after china and usa in engineering manufacturing and export of vehicles and auto components the ministry saidbesides it said collective efforts of all central public sector enterprises will help india become a usd 5trillion economy in the next five years pti published on dec 27 2018 at 0845 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app automotive mission plan ministry of heavy industries auto sector investment india public enterprises homenewsindustryindias auto sector may attract usd 810 billion investments by 2023 government