Holding that India will surely become the third largest economy in the world in his third term, the Prime Minister, said there are immense opportunities for stakeholders to grow business. “India is on the move and is moving fast”, the Prime Minister said, adding it is the beginning of the golden period for the mobility sector.
PM On Bharat Mobility 2024: In the last 10 years, 250 million people have moved out of poverty, he said. “And of their dreams, one is related to your sector (to buy a vehi cle). There is a neo middle class in India. They have their own aspirations and they will take the Indian mobility sector to new heights,” Modi said, pointing out that the number of cars sold in India has risen from 120 million to more than 210 million since 2014, while the number of elec tric cars sold in India rose from 2,000 per year 10 years ago to 120 million annually now. In the past decade, passenger vehicle sales have risen 60% while that of two-wheelers is up 70%. Car sales in January have broken records. “The mobility sector is witnessing an unprecedented at mosphere in the country and you must capitalise on it,” he said.
The Prime Minister Narendra Modi addressed a program at India’s largest and first-of-its-kind mobility exhibition - Bharat Mobility Global Expo 2024 at Bharat Mandapam, New Delhi today. He also took a walkthrough of the Expo. Bharat Mobility Global Expo 2024 showcases India’s capabilities across mobility and automotive value chains and will feature exhibitions, conferences, buyer-seller…
Holding that India will surely become the third largest economy in the world in his third term, the Prime Minister, said there are immense opportunities for stakeholders to grow business. “India is on the move and is moving fast”, the Prime Minister said, adding it is the beginning of the golden period for the mobility sector.
MIL-OSI Asia-Pac: PM addresses Bharat Mobility Global Expo 2024 foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.