Prime Minister Modi inaugurates 2nd Bharat Mobility Global Expo 2025
Person in News
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Prime Minister Narendra Modi inaugurated the 2nd Bharat Mobility Global Expo 2025 at Bharat Mandapam in New Delhi on 17 January 2025. The first Bharat Mobility Global Expo was held in February 2024 in New Delhi.
The Bharat Mobility Global Expo is a global mobility Expo that brings together the entire value chain of the mobility sector under one roof.
The mobility sector refers not only to the automobile sector but also to all the other industries that provide the vehicles and infrastructure for transportation. It also includes the new emerging digital technologies sector, electric vehicles, and its associated infrastructure.
The Bharat Mobility Global Expo celebrates India’s growing role as a global hub for mobility and showcases the success of the country across the automotive and mobility value chain, featuring cutting-edge technologies and innovations.
Venue and Theme of the 2nd Bharat Mobility Global Expo 2025
The Bharat Mobility Global Expo 2025 is being held at three places from 17-22 January 2025.
In Delhi, it is being held at Bharat Mandapam and at Yashoboomi. The third venue is at Greater Noida in Uttar Pradesh.
The theme of the 2nd Bharat Mobility Global Expo 2025 is “Beyond Boundaries: Co-creating Future Automotive Value Chain”.
The theme emphasizes the need for close collaboration and innovation across the automotive and mobility sectors, emphasizing sustainable and cutting-edge technological advancements.
Organiser of the 2nd Bharat Mobility Global Expo 2025
The Coordinating agency of the Bharat Mobility Global Expo is the Engineering Export Promotion Council of India (EEPC) and supported by the Union Ministry of Commerce and Industries.
The Expo is also being supported by various bodies of the automobile and auto component sectors.
India’s Position in the Global Mobility Sector
In his inaugural address, Prime Minister Modi highlighted the strength of the Indian economy and the automotive sector in the world. Some of the highlights are as follows:
- India is the 5th largest economy in the world in 2024 on the basis of nominal gross domestic product (GDP).
- India is set to become the third-largest economy by 2027 overtaking Germany.
- The government has set a target to become a $ 37 trillion economy by 20247.
Global Mobility
The automotive sector in India in 2024 was $ 240 billion and its contribution to the country’s GDP was 7 %.
India is the
- Largest 3-wheeler and Tractor Manufacturer in the world,
- Largest 2-Wheeler Market in the world
- 2nd Largest 2-wheeler Manufacturer in the world,
- 3rd Largest Passenger Vehicle Market in the world,
- 3rd Largest Construction Equipment Market in the world,
- 4th Largest Passenger Vehicle Manufacturer in the world.
