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India moving fast, set to become third largest economy in our third term: PM

The expo has an extensive display of technologies and solutions in the commercial vehicle space. However, in comparison, the passenger vehicle and two-wheeler segment had few launches.

Bharat Mobility Global Expo 2024, Narendra Modi, largest economy, indian economy, Indian express news, current affairsPM Narendra Modi, Union Minister Piyush Goyal and TVS Motor Managing Director Sudarshan Venu at Bharat Mobility Global Expo 2024 at Bharat Mandapam on Friday. “We are honoured and energised by the PM’s interest in our company’s roadmap. Thanks to the PM’s leadership and the supportive policy environment... India has become a hotbed for innovation and a global manufacturing base,” said Venu. Express
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Prime Minister Narendra Modi on Friday said India is moving fast and will become the world’s third-largest economy in the “third term” of his government.

Addressing industrialists at Bharat Mobility Global Expo 2024 here, the PM said the auto and automotive component industry will play a significant role in making India a global economic powerhouse.

The expo has an extensive display of technologies and solutions in the commercial vehicle space. However, in comparison, the passenger vehicle and two-wheeler segment had few launches.

Mahindra & Mahindra showcased the Supro Profit Truck Excel (less than two-tonne segment), and last-mile mobility solutions such as the Treo Plus and Zor Grand electric three-wheelers, and a prototype of its flex-fuel technology (ethanol plus gasoline). Rajesh Jejurikar, executive director & CEO, auto & farm sectors, M&M, said the focus has been on the mantra of “make in India for the world”.

Tata Motors displayed 10 trucks, buses, tippers and small trucks. It also displayed future-ready technologies such as hydrogen-powered internal combustion engines, twin-cylinder CNG, efficient fuel delivery systems, battery electric powertrains and hydrogen fuel cell. Girish Wagh, executive director, Tata Motors, said the company is leading India’s transition towards zero-emission technology. Volvo and its partner VECV focused on electrification, both displaying electric trucks. Vinod Aggarwal, MD & CEO, VECV, said  the firm is in advanced trials for e-trucks in express cargo movement.

with pti inputs

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