India's Ambitious Export Target

The Indian government has set an ambitious target to achieve $1 trillion in exports by 2030, with $250 billion expected to come from the engineering sector alone. Commerce Secretary Sunil Barthwal shared this vision during a conference with construction equipment manufacturers, highlighting the significant role of the engineering industry in India's export strategy.

Focus on Infrastructure and Innovation

Barthwal emphasized the government's focus on infrastructure development, including ports, airports, railway modernization, and road broadening, as key drivers for achieving this target. He also pointed out the growing middle class and the demand for technologies with net zero carbon emissions as opportunities for innovation and growth in the engineering sector.

Youth and Mobility Industry Opportunities

The Commerce Secretary highlighted the potential for Indian youth to innovate and secure patents for new technologies, especially in the mobility sector. He mentioned Prime Minister Narendra Modi's interaction with young entrepreneurs at Bharat Mobility, focusing on efficient charging systems and the importance of safe, secure, and easy travel solutions.

Call for Global Expansion

Barthwal urged industry players to expand globally and establish global capability centers, addressing the challenges faced by the mobility industry to ensure a level playing field and competitiveness on the global stage.