Bharat Mobility Global Expo Declared an Annual Institution by Minister Piyush Goyal

Key Highlights

• Annual event, announced by Minister Piyush Goyal.
• Notable success: 800 exhibitors, 150,000 visitors.
• Minister Goyal highlights innovation as a key focus.
• Anticipated $150 billion tech contribution to mobility.
• Global presence with diverse showcases and pavilions.

In a momentous announcement on the final day of the first edition of the Bharat Mobility Global Expo 2024, Honourable Minister of Commerce & Industry, Shri Piyush Goyal, declared that the highly successful event would now become an annual affair. Commending the achievements of this year's expo, Minister Goyal emphasized its massive scale and impact on the mobility sector.

Impressive Turnout and Overwhelming Support

The inaugural Bharat Mobility Global Expo, held from 1st to 3rd February, witnessed an impressive turnout with around 800 exhibitors showcasing cutting-edge innovations. The event garnered overwhelming support, with a record-breaking 150,000 registered visitors, including business visitors.

Significance of the Expo in India's Growth Story

Expressing his enthusiasm for the future of the mobility sector, Minister Goyal stated, "This marks a significant milestone within the mobility sector, representing a crucial threshold for success." He emphasized that the Bharat Mobility Global Expo would be an institution of ideas and innovations, further helping demonstrate India's growth story to the nation.

Symbiotic Relationship Between Technology and Automotive Sectors

Highlighting the symbiotic relationship between the technology and automotive sectors, Minister Goyal stated, "Software and technology companies are poised to play a transformative role by contributing up to 150 billion dollars to the mobility sector."

Role of the Expo in Driving Innovation and Collaboration

Minister Goyal underscored the expo's role in facilitating business interactions, promoting technological advancements, and fostering collaborations among industry leaders. He added, "The expo has emerged as a key catalyst for driving innovation, showcasing the latest technologies, and shaping the future of mobility."

Future Contributions to India's Mobility Ecosystem

The annual continuation of the Bharat Mobility Global Expo is expected to contribute significantly to the growth and development of the mobility ecosystem in India. The event will serve as a dynamic platform for industry stakeholders, policymakers, innovators, and enthusiasts to converge, exchange ideas, and drive the evolution of mobility solutions.

Guided by the Visionary 7C's Framework

Guided by the visionary 7C's framework, the expo emerged as a pioneering platform that not only showcased the latest innovations but also facilitated meaningful collaborations among industry leaders, policymakers, innovators, and stakeholders.

Diverse Range of Vehicles and Global Resonance

The expo featured a diverse range of electric, hybrid, CNG, and biofuel-powered vehicles, highlighting the Indian automotive industry's commitment to driving innovation and progressive growth. The global resonance of the expo was evident, with countries like Japan, Germany, Korea, Taiwan, and Thailand contributing significantly.

Enriched by ACMA Automechanika and Industry Body Participation

The integration of ACMA's flagship aftermarket expo, the ACMA Automechanika New Delhi, further enriched the event, emphasizing its inclusive approach towards the entire automotive ecosystem. Leading industry bodies such as SIAM, ACMA, IESA, ATMA, NASSCOM, ISA, ICEMA, MRAI, ITPO, Invest India, IBEF, and CII actively participated, adding depth and credibility to the Bharat Mobility Global Expo 2024 as a global convergence point for excellence in mobility.

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Verdict

The Bharat Mobility Global Expo's shift to an annual event marks a significant milestone in India's mobility sector. Minister Piyush Goyal's commitment ensures its continued role in fostering innovation and collaboration, solidifying its position as a global catalyst for transformative change.