India's Rise in the Global Mobility Supply Chain
India's presence in global mobility supply chains is growing due to its cost-effectiveness and quality focus. Commerce and Industry Minister Piyush Goyal highlighted this at the Bharat Mobility Global Expo 2025, emphasizing India's role in innovation and sustainability within the mobility sector.
- Country:
- India
India's increasing role in global mobility supply chains was highlighted by Commerce and Industry Minister Piyush Goyal at the Bharat Mobility Global Expo 2025. He emphasized the country's cost-effectiveness and focus on product quality as key factors driving this upward trend.
The expo, currently the world's second-largest automotive showcase, is set to become the largest next year. It aims to attract international investors to India's expanding consumer market and business-friendly environment, serving as a platform for global partnerships.
Goyal pointed out that India's mobility sector is not only advancing in innovation and sustainability but also has a significant edge in the electric vehicle (EV) market. Encouraging first-time buyers to choose EVs is instrumental in reducing pollution and conserving foreign exchange.
(With inputs from agencies.)
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