The automobile sector in India is excellent and prepared for the future: PM Modi at the Bharat Mobility Global Expo 2025 opening
The greatest mobility exhibition in India, the Bharat Mobility Global exhibition 2025, was opened by Prime Minister Narendra Modi on Friday, January 17, 2025.
It is anticipated that more than 100 new car, component, and technology launches would take place during this event.
PM Modi honors the memory of the late Ratan Tata, Chairman Emeritus of Tata Son, and the late Osamu Suzuki, former chairman of Suzuki Motor Corporation. According to him, India’s mobility industry will be inspired by their legacy.
“The nation’s auto industry will grow due to a number of variables. These include the nation’s sizable population, expanding middle class, rapid urbanization, infrastructure growth, and automobiles made in India. PM Modi said.
Auto industry likely to grow more than three times to $250 billion
Three locations will host the five-day expo: the India Expo Center and Mart in Greater Noida, as well as Bharat Mandapam and Yashobhoomi in the nation’s capital. Additionally, PM Gati Shakti is boosting multimodal connectivity. As a result, the cost of logistics will go down, and India will be the most cost-competitive nation. These give the car industry a lot of opportunities,” PM Modi stated.
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“Our mobility solutions should have 7 Cs: Common, Connected, Convenient, Congestion Free, Charged, Clean, or Cutting Edge,” Mr. Modi stated, emphasizing the necessity for mobility solutions.
Speaking about the rise in EV sales in the nation, Mr. Modi stated, “Over the past ten years, their sales have increased by 640%. Ten years ago, there were 2,600 EVs sold annually. More than 16.8 lakh EVs were sold in 2024. This indicates that we experience twice as many sales in a single day as we do in a year.
“EV sales are expected to grow eight times by the end of the decade,” he stated. “Technology and innovation drive the automotive business. The future is in the East, Asia, and India, he continued, regardless of innovation, technology, skill, or need.
In front of Union Ministers Nitin Gadkari, H.D. Kumaraswamy, Jitan Ram Manjhi, Manohar Lal, Piyush Goyal, and Hardeep Singh Puri, as well as representatives from the auto industry, Mr. Modi officially opened the Expo at Bharat Mandapam.
It is anticipated to draw over 5 lakh visitors from all around the world, with 5,100 international participation. It is anticipated that around 40 new product releases would take place at this major event of the 2025 Bharat Mobility Global Expo. At the components show, more than 60 new product and technology debuts are anticipated.
