Piyush Goyal Wants Auto Industry To Aim for 50% Export Share

Union Minister of Commerce and Industry, Consumer Affairs, Piyush Goyal, unveils the logo and booklet for the Mega Mobility show, "Bharat Mobility Global Expo 2024”

Goyal urges the auto industry to not limit itself to achieving a 25 per cent export share but rather aim for at least a 50 per cent export share. emphasising the potential for Indian companies to take hold of significant global markets and urging industry stakeholders to take a proactive stance in grabbing hold of opportunities in the global economy and praising the collaborative spirit that exists across sectors, emphasising its role in achieving the best results while encouraging healthy competition.

Talking about the significance of these exhibitions, Goyal added, The exhibitions aim to present India's strengths to the global market and position the country as an international player across industries. Emphasising India's ambition to substantially increase its share of global exports, the minister urged the industry to strive for greater excellence and performance on the global stage.

“Bharat Mobility Global Expo 2024” is scheduled to be held from February 1–3, 2024. The venue is the same as the host of the G20, Bharat Mandapam, at Pragati Maidan, New Delhi.

The Bharat Mobility Global Expo 2024 With over 600 exhibitors from 50 plus countries, the major show of technologies and breakthroughs in mobility.

Featured will be specialised exhibitions such as Auto Show (including electric and hybrid vehicles), ACMA Automechanika, Large-scale Tyre Exhibition, Urban Mobility Solutions (two-wheelers/e-bikes, drones, etc.), EV Infra Pavilion (including charging stations and battery swapping), Battery Tech Pavilion and other energy sources like hydrogen and technologies in the mobility landscape.

The event will also feature 13 plus conferences, each dedicated to different aspects of the mobility value chain, with participation from experts from across the globe.

Specialised exhibitions include electric vehicles, the Auto Show, ACMA Automechanika, large-scale tyre exhibitions, urban mobility solutions, the EV infrastructure pavilion, the battery technology pavilion, and more. The event features 13 plus conferences addressing various aspects of the mobility value chain, with global experts participating.

More than 27 leading vehicle manufacturers are set to unveil new models and electric vehicles. Legacy automotive players, both international and domestic, will be showcasing their electric, hybrid, CNG and biofuel-powered vehicles. 

Additionally, the event will have over 400 auto component manufacturers, 1000 plus brands from 13 plus global markets, displaying their entire range of products, technologies and services, from supplies to OEMs to the aftermarket.

Countries such as Japan, Germany, Korea, Taiwan and Thailand will have dedicated country pavilions, while there will be additional international participation from the USA, Spain, UAE, Russia, Italy, Turkey, Singapore and Belgium. ACMA’s flagship aftermarket expo, the ACMA Automechanika New Delhi, will now be featured as part of the Bharat Mobility Global Expo 2024.

The event will also see a large participation from major international and Indian battery manufacturers, battery supply chains and recycling companies. More than 10 leading companies will also be showcasing EV infrastructure services, including charging stations and battery-swapping solutions, during the event.

One of the highlights of the event will be the CEO Conclave, where visionary leaders will gather at the CEO Conclave to deliberate on the future trajectory of the mobility industry. NASSCOM will be hosting the NASSCOM Auto Techade Pavilion in the event to showcase India as a powerhouse for automotive software capabilities, advanced technology capabilities and innovation ecosystems.

The Bharat Mobility Global Expo 2024 is an industry-led and government-supported initiative that is being coordinated by the Engineering Export Promotion Council India (EEPC India) with the joint support of various stakeholders.

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