Prime Minister Narendra Modi inaugurated the Bharat Mobility Expo 2025, India’s premier automotive event, showcasing the nation’s growing influence in the global automotive landscape. With a focus on electric vehicles (EVs), sustainable mobility, and cutting-edge technologies, the event features over 1,500 exhibitors and expects more than five lakh visitors. Alongside the main expo, complementary exhibitions like the Auto Expo Motor Show, the Battery Show, and Mobility Tech are spotlighting India’s advancements in the automotive sector.
PM Modi’s Vision for the Auto Industry
Addressing the attendees, PM Modi emphasized India’s readiness to lead the future of mobility. “India’s automotive industry is fantastic and future-ready,” he remarked, underlining the sector’s growth trajectory and potential. He acknowledged the contributions of industry stalwarts like Osamu Suzuki and Ratan Tata, who have been instrumental in shaping the aspirations of India’s middle class and the automotive sector at large.
Highlighting key industry achievements, PM Modi noted a 12% growth in India’s auto industry last year and an upward trend in exports under the ‘Make in India’ and ‘Made for the World’ initiatives. India, now the fifth-largest economy and third-largest passenger vehicle market globally, sells over 2.5 crore vehicles annually, reflecting surging demand.
Youth and Neo-Middle Class as Growth Catalysts
The Prime Minister stressed that India’s large youth population, growing neo-middle class, urbanization, and improved infrastructure are driving demand for automobiles. Affordable manufacturing through initiatives like ‘Make in India’ further supports this growth. As India continues to develop autonomous driving and connected vehicle technologies, the aspirations of its youth and neo-middle class remain central to the auto sector’s future.
Supporting the Auto Sector with Strong Policies
PM Modi highlighted the government’s commitment to the automotive industry, particularly through the Production Linked Incentive (PLI) scheme. This initiative has bolstered manufacturing, generated employment, and accelerated vehicle sales. In the past four years, India’s auto sector has attracted over $36 billion in Foreign Direct Investment (FDI), paving the way for a robust automotive manufacturing ecosystem.
Remarkable Growth in Electric Vehicles
The Prime Minister spotlighted India’s remarkable strides in electric mobility. Over the past decade, EV sales have surged by 640%, growing from 2,600 units sold annually to approximately 17 lakh vehicles last year. This growth underscores India’s ambition to lead the EV revolution, further aligning with environmental sustainability goals.
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