PM addresses Bharat Mobility Global Expo 2024

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 meets, state sessions, road safety pavilion, and public-centric attractions like go-karting.

Addressing the gathering, the Prime Minister congratulated the automotive industry of India for the grand event and praised the efforts of the exhibitors who showcased their products in the Expo. The Prime Minister said that the organization of an event of such grandeur and scale in the country fills him with delight and confidence. Recommending the people of Delhi to come and witness the Bharat Mobility Global Expo 2024, the Prime Minister said that it brings the entire mobility and supply chain community on a single platform.

The Prime Minister recalled a mobility related conference from his first term and remembered his focus on battery and electric vehicles and expressed satisfaction that he could see significant progress during his second term and said that in the third term mobility will see new heights.

Reiterating the goal of Viksit Bharat by 2047, the Prime Minister underlined the pivotal role of the mobility sector. He repeated his call that he gave from the rampart of the Red Fort that ‘Yeh Hi Samay Hai, Sahi Samay Hai’- this is the right time. “India is on the move and is moving fast”, the Prime Minister said, highlighting that the present era is the beginning of the golden period for the mobility sector. He underlined that the economy of India is expanding at a fast pace and India is set to become the third-largest economy in the world during the present government’s third term. Throwing light on the efforts of the government in the last 10 years, the prime Minister informed that approximately 25 crore people have risen out of poverty. He emphasized that when a citizen breaks out of poverty, the means of transportation be it a cycle, two-wheeler or a four-wheeler, becomes their first requirement. Touching upon the emergence of a neo-middle class, PM Modi underscored the need to fulfill the aspirations found in such economic strata which is equal to none. The Prime Minister stressed that the expanding spheres and growing income of the middle class of the country will give strength to the mobility sector of India. “The numbers of growing economy and the growing income are bound to infuse new confidence in the mobility sector”, Shri Modi said, pointing out that the number of cars sold in India rose from 12 crores to more than 21 crores from the 10 years before 2014 to after 2014, while the number of electric cars sold in India rose from 2 thousand per year 10 years ago to 12 lakh per year today. He further added that in the last 10 years, the number of passenger vehicles saw an increase of 60 percent while two-wheelers increased by 70 percent. According to the latest statistics, the Prime Minister informed that car sales in January have broken all previous records. “Mobility sector is witnessing an unprecedented atmosphere in the country and you must capitalize on it”, PM Modi urged the industry leaders present on the occasion.