By Prime Minister Narendra Modi has called on the automotive industry to adopt global best practices and prioritize clean mobility in India. Addressing the annual convention of the Society of Indian Automobile Manufacturers (SIAM), Modi emphasized the sector’s crucial role in driving economic growth and sustainable development. He highlighted India’s progress in creating future-ready infrastructure and urged automakers to contribute to the nation’s vision of a Viksit Bharat (Developed India) by 2047. This initiative aligns with India’s broader goals of reducing carbon emissions and promoting green technologies.
Embracing Global Best Practices
In his address, Prime Minister Modi stressed the importance of integrating global best practices into India’s automotive industry. He pointed out that the sector has witnessed unprecedented growth over the past decade, contributing significantly to the nation’s expanding economy. Modi urged automakers to leverage international expertise and innovations to enhance the quality and efficiency of their products.
The Prime Minister highlighted the need for a holistic approach that ensures the benefits of growth are shared by all. He called for the adoption of advanced manufacturing techniques, sustainable supply chains, and cutting-edge technologies to improve the overall competitiveness of the Indian automotive industry. By embracing global standards, Indian automakers can enhance their export potential and strengthen their position in the global market.
Modi also emphasized the importance of collaboration between domestic and international partners. He encouraged automakers to forge strategic alliances and partnerships that can facilitate the transfer of knowledge and technology. This collaborative approach will not only drive innovation but also help Indian companies stay ahead in the rapidly evolving automotive landscape.
Focusing on Clean Mobility
A significant part of Modi’s address was dedicated to the importance of clean and green mobility. He underscored the need for the automotive industry to align with India’s climate-conscious and sustainable vision. The Prime Minister highlighted the government’s commitment to reducing carbon emissions and promoting the use of renewable energy sources in the transportation sector.
Modi called on automakers to invest in the development of electric vehicles (EVs) and other green technologies. He pointed out that the transition to clean mobility is not only essential for environmental sustainability but also offers significant economic opportunities. The Prime Minister noted that the global demand for EVs is on the rise, and Indian manufacturers have the potential to become leaders in this emerging market.
To support this transition, Modi announced several government initiatives aimed at promoting clean mobility. These include incentives for EV manufacturers, subsidies for consumers, and investments in charging infrastructure. The Prime Minister also highlighted the importance of research and development in advancing green technologies and urged automakers to prioritize innovation in this area.
Building Future-Ready Infrastructure
Prime Minister Modi’s vision for the automotive industry extends beyond manufacturing and technology. He emphasized the need for creating future-ready infrastructure that can support the growth of clean mobility. Modi pointed out that India is already witnessing the development of state-of-the-art expressways, high-speed railways, and multi-modal connectivity that reaches every corner of the country.
The Prime Minister called for the integration of smart technologies into transportation infrastructure to enhance efficiency and safety. He highlighted the role of intelligent transportation systems (ITS) in managing traffic, reducing congestion, and improving road safety. Modi also stressed the importance of sustainable urban planning that prioritizes public transportation and non-motorized modes of travel.
Modi’s address underscored the government’s commitment to creating an enabling environment for the automotive industry. He assured automakers that the government would continue to support their efforts through policy measures, financial incentives, and infrastructure development. The Prime Minister expressed confidence that the automotive industry would drive even higher economic growth and thrive on the demand growth that inevitably follows.