This scheme has created more than 1.5 lakh direct jobs in the automobile sector.”Ease of travel is a big priority of India. In the last budget, more than Rs 11 lakh crore were provisioned for the development of infrastructure,” the prime minister said, and added the network of multi-lanes and highways were expanded.Noting that India’s automotive industry is both fantastic and future-ready, he said India’s auto industry witnessed a 12 per cent annual growth last year and exports too rose significantly.Encouraging corporates to invest in the sector, Modi said the rising middle class, rapid urbanisation, high quality infrastructure development, and affordable vehicles are going to push automobile sector.The endeavour, he said, is to develop a complete ecosystem for mobility, the PM said.He also said it is the right time to invest in battery storage system in India.The five-day expo which is being held across three venues — Bharat Mandapam and Yashobhoomi in the national capital and India Expo Center and Mart, Greater Noida — is expected to witness over 100 new launches across automobiles, component products and technologies.The Bharat Mobility Global Expo 2025, scheduled from January 17-22, will bring the entire value chain of the mobility ecosystem — from automobile manufacturers to components, electronics parts, tyre and energy storage makers, and automotive software firms and material recyclers — under a single umbrella.
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