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For auto industry growth, demand, aspiration vibrant in India: PM
The Daily Guardian
|January 18, 2025
Prime Minister Narendra Modi on Friday said both demand and aspiration are important for the growth of the auto industry and fortunately both are vibrant in India.
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Speaking at the Bharat Mobility Global Expo 2025, PM Modi said, "For the growth of the auto industry, both need and aspiration are very important, and fortunately, both are vibrant in India today. For the coming decades, India will remain the world's youngest country. This youth will be your largest customer. You can well estimate the enormous demand this large youth segment will create. Another customer is India's middle class. Over the past 10 years, 250 million Indians have moved out of poverty. This neo-middle class is purchasing their first vehicle. As progress continues, they will also upgrade their vehicles, and the auto sector is sure to benefit f
Dit verhaal komt uit de January 18, 2025-editie van The Daily Guardian.
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