PM Narendra Modi Urges Auto Industry to Innovate, Pursue Excellence and Expand Global Footprint
Modi said reforms, infrastructure growth and free trade agreements are helping Indian automakers cut costs and expand into overseas markets.
- On Thursday, Prime Minister Narendra Modi urged the Indian automobile industry to innovate and pursue excellence, calling for a bold pathway towards the Viksit Bharat vision by 2047 at the Society of Indian Automobile Manufacturers Annual Convention 2026.
- Government reforms to boost ease of doing business, including removal of redundant laws, have provided fresh impetus to the industry. The PLI scheme and Make in India have further strengthened manufacturing capabilities.
- Modi noted that "the rapid expansion of charging infrastructure is encouraging greater adoption of electric vehicles and creating new opportunities for innovation." This supports India's push towards cleaner, more sustainable mobility.
- Recent free trade agreements and improved logistics are reducing costs and making Indian manufacturing more competitive. "This is strengthening the automobile sector and contributing to India's economic growth," the Prime Minister added.
- As India's economy grows, rising demand for mobility positions the sector to further expand its global presence and strengthen transport as a key pillar of national development.
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PM exhorts auto industry to chart ‘bold pathway towards Viksit Bharat’ by 2047
The rapid expansion of highways and other infrastructure is facilitating the movement of people and goods, while creating new opportunities for the automobile industry, the Prime MInister said
The Economic Times
Times of IndiaPM Narendra Modi urges auto industry to innovate, pursue excellence and expand global footprint
Prime Minister Narendra Modi encouraged the Indian automobile industry to innovate and excel. He emphasized charting a bold path towards Viksit Bharat by 2047. Recent trade agreements offer greater international market access for Indian vehicles. Government reforms and incentives are strengthening manufacturing capabilities and competitiveness. The sector is positioned for significant growth and expansion of its global footprint.
"Indian auto industry well placed to expand global presence", says PM Modi
India’s automobile industry is well placed to further expand its global presence as manufacturing capabilities strengthen and free trade agreements open greater access to international markets, Prime Minister Narendra Modi said in a message to the 66th SIAM Annual Convention.
66th SIAM Annual Convention PM Modi Calls on Auto Industry to Pursue Excellence to Advance Viksit Bharat - Business News Week
Mumbai, Sep 03: During the 66th Annual Convention of The Society of Indian Automobile Manufacturers, the Prime Minister of India, Shri Narendra Modi shared a special message at the convention stating, “India’s automobile industry is well placed to further expand its global presence as the country’s mobility ecosystem undergoes a fundamental transformation. Continued innovation, pursuit of […] The post 66th SIAM Annual Convention PM Modi Calls o…
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