Think Global, Goyal tells Mobility Industry as Bharat Mobility Expo 2027 aims to be World’s Largest

Events Technology

Third edition, to be held from February 4 to 9, expects more than 10 lakh visitors and 1,750 exhibitors across Bharat Mandapam and Yashobhoomi.

The Union Commerce and Industry Minister Mr. Piyush Goyal urged India’s mobility industry to look beyond the domestic market and build for global customers. He said the only thing holding back India’s progress was “the mindset and not the country’s capabilities.”

Speaking at the curtain raiser for the third edition of the Bharat Mobility Global Expo (BMGE) in New Delhi, Mr. Goyal said selling abroad as well as at home would give businesses the economies of scale they need to compete globally on price. He said Indian suppliers to Japanese and European carmakers, and to the aerospace and defence sectors, had already shown they could meet world-class quality standards.

The expo will be held from February 4 to 9, 2027, at Bharat Mandapam in New Delhi and Yashobhoomi in Dwarka. Organisers expect more than 1,750 exhibitors, 11 concurrent shows and over 10 lakh visitors across more than 2.5 lakh square metres of exhibition space. The Minister said the event could become the world’s largest mobility exhibition by size and footfall. He asked organisers to promote it worldwide and draw at least 25,000 international visitors, including tyre dealers, component suppliers and after-sales businesses as well as vehicle makers.

Foreign Interest Rising

Mr. Goyal said global manufacturers were showing strong interest in India. On his recent visit to Japan, he said, several companies had discussed partnering with Indian firms to serve global markets, and some were considering billion-dollar investments.

European carmakers, he said, were finding it harder to compete globally because of high manufacturing costs and regulatory burdens at home. Under the proposed India–EU free trade agreement, they could first test Indian demand with a limited number of models and then set up local production for both the domestic market and exports. That, he said, would open up opportunities for Indian component makers, startups and the steel and rubber industries.

Mr. Goyal said the 27-nation EU bloc was expected to open to Indian businesses at zero duty by March or April. India was also negotiating with seven to eight other countries. Once those deals are done, he said, India would have preferential access to markets that account for nearly 75% of global GDP.

Exports on Track

The Minister called India’s target of $1 trillion in exports this year “sacrosanct.” He said the country had reached about $480 billion, or 48% of the target, in the first six months, and that exports usually pick up in the second half. He also said engineering exports had grown by around 22%.

Pointing to the size of the domestic market, the Minister said one million cars had been sold during Navratri alone, and about 70,000 over the two days of Dhanteras. He said India should aim to sell 10 million passenger vehicles a year at home, with exports on top of that. Annual two-wheeler sales are already around 25 million units, not counting exports.

Expansion Likely

Mr. Goyal said exhibition space for the 2027 edition was likely to be fully booked, and that temporary hangars might be needed again. He said the government would aim to increase space at both venues by one-and-a-half to two times before the fourth edition.

Running under the theme “Smarter Mobility for a Better Tomorrow,” the 2027 expo will cover vehicles, tyres, batteries, components, construction equipment, agri-mobility, air mobility and urban mass transit. It will focus on electrification, software-defined vehicles, artificial intelligence and advanced manufacturing. The curtain raiser was hosted jointly by the Ministry of Commerce and Industry and the Ministry of Heavy Industries.