Business EconomyPosted at: Oct 14 2025 12:27PM


India’s mobility sector must grow 16x for realising 2047 vision: Maruti Suzuki

Bengaluru, Oct 14 (UNI) India’s mobility industry faces an unprecedented challenge and opportunity as it strives to support the nation’s 2047 vision of becoming a developed economy.
According to CV Raman, Managing Director of Maruti Suzuki, “To achieve India’s 2047 vision, the mobility sector must scale sixteen-fold, integrating private and public transport, adopting sustainable and clean technologies, and democratizing mobility for the next billion citizens — positioning India as a global leader in scalable, future-ready transportation.”
He was speaking at Global Clean Mobility Summit 2025 organised by Mecelio Mobility here today.
The Maruti Suzuki leader emphasized that India’s economic growth target — from $4.3 trillion today to $30 trillion by 2047 — requires transformative thinking and exponential growth in manufacturing, with the automobile and mobility sector playing a central role.
Currently, manufacturing accounts for 15% of India’s GDP, with the auto sector contributing half of that. Achieving the 2047 targets means mobility must expand sixteenfold, supporting integrated, multimodal solutions that combine public and private transport efficiently.
Maruti Suzuki’s own journey provides a blueprint for success. Starting in 1983 as a small startup producing just 30 cars a day, the company leveraged Suzuki’s technology and co-created a strong local supplier ecosystem, focused on quality, customer service, and capacity building.
Today, Maruti Suzuki serves 30 million customers, has exported three million vehicles worldwide, and operates a sales and service network across 2,800 cities. Its Gujarat and Haryana plants, alongside a dedicated R&D center, have been critical in scaling production, developing India-specific products, and exporting globally.
Raman outlined the lessons from Maruti Suzuki’s four-decade journey: understanding evolving customer needs, reinvesting profits into capacity and R&D, establishing a customer-centric ecosystem, fostering self-sufficiency in suppliers, and prioritizing operational efficiency, product quality, and reliability.
Looking ahead, he stressed that India’s future mobility sector must meet several critical imperatives.
India’s mobility sector must focus on sustainable and clean energy, adopt advanced technology and innovation, provide integrated and convenient transport solutions, democratize mobility for the next billion citizens, and ensure global competitiveness through worldclass products and exports.
Raman also referenced the Prime Minister’s “seven C” mantra for future mobility —common, connected, convenient, charge, clean, congestion-free, and cutting-edge — as the guiding principle for integrated and sustainable solutions.
Maruti Suzuki’s roadmap aligns with India’s broader goals: by leveraging innovation, co-creation with industry, academia, and government, and scaling operations responsibly, the mobility sector can play a decisive role in transforming India into a developed economy by 2047.
With India’s population projected at 1.5 billion, the mobility sector’s expansion is not just about vehicles but about enabling freedom of movement, sustainable urbanization, and economic growth, setting the stage for India to emerge as a global leader in scalable and future-ready transportation.
UNI BDN PRS
Please log in to get detailed story.
Tags: #India’s mobility sector must grow 16x for realising 2047 vision: Maruti Suzuki
More News

Indo-US Business Summit showcases UP as India’s growth engine

15 Nov 2025 | 2:29 AM

Lucknow, Nov 14 (UNI) The Indo-US Business Summit 2025, held in collaboration with Invest UP and the Indo-American Chamber of Commerce in Lucknow, brought together leading voices from government and industry to spotlight Uttar Pradesh’s accelerating economic momentum and its expanding role in driving India’s growth story.

see more..

TVS InvIT inaugurates Rs 250 cr industrial park

15 Nov 2025 | 1:54 AM

Visakhapatnam (Andhra Pradesh), Nov 14 ((UNI): TVS Infrastructure Trust inaugurated the expanded phase of its flagship Tarkeshwar Industrial & Logistics Park here.

see more..

Capillary Technologies IPO opens at ₹549–₹577

15 Nov 2025 | 1:11 AM

Bengaluru, Nov 14 (UNI) Capillary Technologies India Limited opened its Initial Public Offer (IPO) on Friday, fixing a price band of ₹549 to ₹577 per equity share of face value ₹2.

see more..

Festive demand, GST cut drove record vehicle dispatches in Oct: SIAM

15 Nov 2025 | 12:52 AM

New Delhi, Nov 14 (UNI) India’s automobile sector posted its strongest monthly performance to date in October 2025, with passenger vehicles, two-wheelers, and three-wheelers recording their highest-ever dispatches to dealerships, said SIAM data released today.

see more..

Ajman NuVentures Free Zone achieves strong first-year growth; nearly half new firms Indian

14 Nov 2025 | 11:49 PM

Mumbai, Nov 14 (UNI) The Ajman NuVentures Centre Free Zone (ANCFZ) of the United Arab Emirates has recorded a strong debut year, successfully registering more than 6,500 companies since its establishment in October 2024, marking a significant milestone in its efforts to attract global investors.

see more..