"PM Modi's Vision for Indian Automotive Industry and Infrastructure"
Originally Published 1 year ago — by IndiaTimes
PM Modi addressed the Bharat Mobility Global Expo, emphasizing the potential of India's growing middle class to drive vehicle sales and urging automakers to ensure the presence of made-in-India vehicles in global markets. He encouraged collaboration and local sourcing, highlighting the need for greener vehicles and the emergence of a neo-middle class with increasing mobility aspirations. Modi also urged the industry to explore research in battery manufacturing using India's raw materials and emphasized the government's commitment to supporting the sector through initiatives like the Production Linked Incentive Schemes.