India’s largest and first-of-its- kind mobility exhibition, Bharat Mobility Global Expo 2024, started at Bharat Mandapam, New Delhi.
- Bharat Mobility Global Expo 2024 is hosted by industry associations and supported by the Government of India.
About Bharat Mobility Global Expo 2024
- Bharat Mobility Global Expo 2024 will represent India’s capabilities across the entire mobility and automotive value chains.
- The Expo will feature :
- exhibitions
- buyer-seller meets
- conferences
- state sessions
- road safety pavilion
- public-centric attractions like go-karting
- Almost 800 exhibitors from 50+ countries will witness the Expo and also highlight cutting-edge technologies, sustainable solutions and breakthroughs in mobility.
- The Expo will have participation from more than 28 vehicle manufacturers, in addition to over 600 auto component manufacturers.
- More than 1000 brands from 13 global markets will showcase their complete range of products, technologies and services at the event.
- Apart from the exhibition and conferences, the event will also feature state sessions where states can showcase their regional contributions and initiatives.
- This will enable collaboration at both national and regional levels, promoting a holistic approach to mobility solutions.
Importance
- India is one of the largest markets in the world for vehicles, making it a crucial destination for manufacturers.
- The co untry's contribution to global exports from the automotive sector is expected to increase significantly.
- The expo showcases India's central role in automotive innovation, from software development to next-generation electronics.
- The government and the automotive industries focus on environmental sustainability by promoting innovation in green technologies and reducing the environmental impact of the mobility sector.
- The Bharat Mobility Expo has the potential to unlock numerous opportunities for India and the world to co-create and shape the future of the automotive industry.
Venue for the Global Automotive and Component Landscape
- Being one of the largest markets for vehicle manufacturers, India ranks among the top four markets in the world for all kinds of vehicles.
- Vehicles range from two-wheelers to heavy commercial vehicles, making it a highly attractive destination for manufacturing.
- India is also emerging as a significant export hub, with its contribution to the world’s rapidly increasing economy.
- It is projected that the share of vehicles exported from India will rise from 14% to about 25% of all passenger vehicles produced in the country by 2030.
- Similarly, it is expected that around 30% of two-wheelers produced in India will be exported by 2030.