Automobile Industry Showed Exceptional Performance in Last 10 Years, Car Sales Increases 60 Percent: PM Modi

Prime Minister Narendra Modi has praised the growth of the country’s automobile industry. He said that the contribution of the mobility sector will be important to achieve the goal of ‘developed India’. Modi said, “Till 10 years ago, about 12 crore vehicles were sold in the country. In the period after this, more than 21 crore vehicles have been sold. In the last 10 years, there has been a growth of about 60 percent in the sale of passenger vehicles.”

In his address at the inaugural session of the India Mobility Global Expo, Modi said that the growing number of middle class will strengthen the mobility sector of the country. When more number of people come out of poverty Transportation The need for vehicles will increase, whether it is a bicycle, two-wheeler or four-wheeler. This Expo Many major automobile companies are participating in the expo. Modi said, “I congratulate the automobile industry for organising this wonderful event. I could not visit all the stalls but the stalls I saw were quite impressive. This is happening in our country and it is a happy moment for us. I have never bought a car, so I have no experience. I have never even bought a bicycle.” He also interacted with representatives of automobile companies participating in the expo.

Modi said that the country’s economy is growing rapidly and it is sure to become the third largest economy in the world. He also mentioned the major improvements in infrastructure in the last decade. For this, Modi gave examples of projects like Atal Tunnel and Atal Setu. He said that in the last 10 years, capital expenditure on infrastructure has been increased from Rs 2 lakh crore to more than Rs 11 crore. Modi said that 75 new airports have been built in the last 10 years.

Under the ease of living policy of the central government, Modi also informed about the construction of about 1,000 modern resting facilities for truck and cab drivers on national highways. Along with this, he also emphasized the need to promote research on green hydrogen and ethanol for the automobile sector.