Synopsis
On January 17, 2023, Prime Minister Narendra Modi celebrated the remarkable legacies of Ratan Tata and Osamu Suzuki, emphasizing their lasting impact on the mobility sector during the inauguration of the Bharat Mobility Global Expo 2025 in New Delhi.Key Takeaways
- Ratan Tata's legacy includes the acquisition of Jaguar Land Rover and the creation of the Nano.
- Osamu Suzuki revolutionized India's automobile market with the Maruti 800.
- The Bharat Mobility Global Expo 2025 is now the second-largest automotive expo worldwide.
- International partnerships are being encouraged for investment in India's mobility sector.
- India is a leader in manufacturing three-wheelers, tractors, and two-wheelers.
New Delhi, Jan 17 (NationPress) Prime Minister Narendra Modi highlighted the impactful contributions of Ratan Tata and Osamu Suzuki on Friday, asserting that their enduring legacy will serve as a beacon for the mobility sector.
During the era of Ratan Tata, the Tata Group successfully acquired Jaguar Land Rover (JLR) and developed the Nano, the world’s most affordable car, while establishing a comprehensive vehicle ecosystem under Tata Motors, which currently ranks as the third-largest car manufacturer in India based on sales.
The late Osamu Suzuki was a pioneering leader whose significant contributions transformed the global automobile landscape, especially in India. He led Suzuki Motor Corp for over four decades and revolutionized the Indian market with the introduction of the Maruti 800, a widely embraced compact car.
In his inauguration of the 'Bharat Mobility Global Expo 2025' in the national capital, PM Modi acknowledged the vital roles played by Ratan Tata and Osamu Suzuki, emphasizing that their legacies will continue to influence the mobility industry.
During his visit to Japan in 2023, PM Modi met with Osamu Suzuki to discuss potential investment avenues in India, including establishing production facilities for electric vehicles and batteries, as well as recycling centers, all aimed at achieving sustainable growth.
The 'Bharat Mobility Global Expo 2025' has emerged as the second-largest automotive expo globally.
As stated by Union Minister of Commerce and Industry, Piyush Goyal, the expo integrates the entire value chain of the mobility ecosystem, spanning from automobiles to auto-related components, under a unified platform.
The minister also mentioned that within the next year, this expo is projected to become the largest automobile exhibition in the world and will serve as a comprehensive hub for the global automobile industry.
This event acts as a clarion call for international collaboration, inviting global investors to engage with India's expanding consumer market and business-friendly environment.
Taking place from January 17 to 22, the event is hosted across three prestigious locations: Bharat Mandapam in New Delhi, Yashobhoomi in Dwarka, and the India Expo Centre and Mart in Greater Noida.
Union Minister Goyal emphasized that Bharat Mobility 2025 showcases the Indian narrative to the world and will enhance investments and trade for the nation.
The automotive sector is now viewed as a representation of 'Atmanirbhar Bharat' and 'Make in India', with participation from various startups, as highlighted by the minister.
India has achieved prominence as the leading manufacturer of three-wheelers and tractors and holds the top position in the global two-wheeler market.
