Startup Show 2024: The Ministry of Commerce, in collaboration with various other ministries and industry bodies organised the Bharat Mobility Global Expo, a 3-day auto show from February 1-3 at the Bharat Mandapam. Next, the government is organising a 4-day Textile Show from Feb 26-29 at Bharat Mandapam and Yashobhoomi complexes. Next month, a 3-day exhibition of startups across domains will take place from March 18-20.
Piyush Goyal urges auto OEMs CEOs to make Bharat Mobility Global Expo a success thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
ACMA president Shradha Suri Marwah said, "We had set out a roadmap to deepen localisation levels in the country a couple of years back and have since been investing heavily in bettering our capabilities. We expect imports to come down as progressively value addition goes up."
Tesla plans to increase its sourcing of auto parts from India to $1.7-1.9 billion this year, nearly double the amount from the previous year, as it prepares to enter the Indian market. Minister for commerce & industry, Piyush Goyal, stated that Tesla s expansion into India aligns with the global shift toward electrification in the automotive industry.