India has attracted $36 billion in foreign direct investment (FDI) in the mobility sector over the past four years, PM Modi said
The future of mobility “belongs to India,” Prime Minister Narendra Modi said while inaugurating the Bharat Mobility Global Expo 2025 on Friday at Bharat Mandapam. Considered as the largest mobility-focused event, the five-day expo, spanning three venues—Bharat Mandapam and Yashobhoomi in Delhi and India Expo Center and Mart in Greater Noida—will run from January 17-22, showcasing cutting-edge developments and innovations in the mobility sector.

Themed “Beyond Boundaries: Co-creating Future Automotive Value Chain,” the expo aims to unite the global mobility value chain under one roof, fostering collaboration, sustainability, and technological advancement. It features over 100 new launches, nine concurrent shows, and 20 conferences, making it a pivotal event for the automotive and mobility industries.

“The future of mobility belongs to India. With the rising aspirations of our people, coupled with innovation and technology, we are poised to lead the global mobility revolution,” Prime Minister Modi said, adding that the transformational impact of the ‘Make in India’ initiative has driven innovation and bolstered the country’s automotive manufacturing capabilities.

“Our Performance Linked Incentive (PLI) schemes have resulted in sales worth ₹2.25 lakh crore and the creation of over 1.5 lakh direct jobs in the sector,” Modi said. He reassured stakeholders that the government remains committed to fostering growth through policies encouraging investment, innovation, and sustainability.

Automotive sector’s robust growth

The Bharat Mobility Global Expo 2025 highlights the automotive sector’s robust growth in India, which saw record sales of 2.5 crore vehicles in 2024, an 11.6% increase over the previous year.

The surge, led by the two-wheeler segment, positions India as the world’s third-largest car market. The event is coordinated by the Engineering Export Promotion Council of India, with support from industry bodies and government initiatives.

PM Modi highlighted that India has attracted $36 billion in foreign direct investment (FDI) in the mobility sector over the past four years, a figure expected to multiply as India’s role in the global automotive industry expands.

He noted a remarkable increase in electric vehicle (EV) sales, which have grown 640 times over the past decade, reaching 16.8 lakh units in 2024. He projected an eightfold rise in EV adoption by the end of the decade.

The Prime Minister reiterated India’s focus on sustainable mobility, emphasizing the development of green technologies, hydrogen fuel, biofuels, and EV infrastructure.

 He also urged manufacturers to utilize the vehicle scrapping policy, encouraging incentives for scrapping old vehicles.

Middle class and youth fueling automotive growth

India’s expanding middle class is a significant driver of automotive growth, with 25 crore citizens having risen out of poverty in the past decade, creating a large neo-middle class investing in first-time vehicle ownership.

Besides, India’s growth story is fueled by its young population, rapid urbanization, and infrastructure development. With affordable vehicles and government support, the automotive industry is transforming rapidly, contributing to India’s ambition of becoming a developed economy by 2047.

“As India ascends to become one of the world’s top three economies, the mobility sector will play a crucial role in our journey. Our focus is on creating a system that supports both economy and ecology, reducing fossil fuel imports and fostering innovation,” Prime Minister Modi said.

The expo also included discussions on advanced manufacturing, semiconductors, sustainable fuels, and global partnerships. Modi urged stakeholders to take advantage of government incentives and global demand for clean mobility solutions.

The expo serves as a global platform for automotive manufacturers, component makers, technology firms, and policymakers to discuss and showcase innovations in mobility.

Conclusion

The Bharat Mobility Global Expo 2025 not only showcases India’s achievements but also positions the country as a hub for mobility innovation and investment.

As the expo unfolds, it is set to unveil groundbreaking innovations and lay the foundation for future collaborations, reinforcing India’s position as a leader in global mobility.

With its focus on innovation, sustainability, and inclusivity, the Bharat Mobility Global Expo 2025 is a testament to India’s aspirations and its role in shaping the future of transportation worldwide.

This is what Commerce and Industry Minister Piyush Goyal highlighted when he said, “Bharat Mobility Global Expo 2025 tells the India story to the world, highlighting our rise as a global hub for mobility solutions.”

Union Minister Nitin Gadkari highlighted the importance of India’s transition to clean mobility. “Our vision includes creating an ecosystem that supports both economic growth and ecological balance. This expo reflects that vision,” he said.

India has emerged as the largest manufacturer of three-wheelers and tractors, while maintaining its position as the top market for two-wheelers globally. The event will explore opportunities for startups, green technologies, and sustainable manufacturing practices.