Indian Auto industry has grown by nearly 12% in past year says PM

Image
Last Updated : Jan 17 2025 | 1:31 PM IST
Prime Minister Narendra Modi, while inaugurating Bharat Mobility Global Expo 2025, stated that driven by the aspirations of the people and energy of the youth, India's automobile sector is witnessing an unprecedented transformation. He added that in the past year, the Indian Auto industry has grown by nearly 12%. He further remarked that the export was rising driven by the mantra of Make in India and Make for the World. Modi remarked that the number of cars sold annually in India surpasses the population of many countries. He remarked that the sale of approximately 2.5 crore cars in a year demonstrates the continuously growing demand in India. The Prime Minister emphasized that this growth showcases why India is viewed with such high expectations when it comes to the future of mobility.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 17 2025 | 1:12 PM IST

Next Story