India – A Key Global Automotive and Mobility Hub

1. Young, Skilled, and Ready

• Median Age of 31 by 2030: India’s youthful workforce much younger compared to global powers like China and the USA.
• 522 Million Strong Working Population by 2030, with a median age of just 28.
• Workforce is bolstered by 1.5 Million Engineers Graduating Every Year
• 1 Billion People in Working Age by 2030: 60% of India’s population will be within the working age group.

2. Urbanization: India’s Growth Engine

• 87 Megacities by 2030 each will have over 1 million residents by 2030.
• Urban Centers to Drive 70% of GDP by 2030 underscoring their importance in economic growth.

• Digitizing the Economy: Initiatives like the digitalization of the tax collection process and GST reforms are streamlining governance and services like Aadhar, DigiLocker.
• Pioneering Digital Payments: Promoting peer-to-peer and merchant digital payments to create a cashless economy by RuPay and UPI (Unified Payment Interface).
• India leads the globe with 156 Billion Digital Transactions in 2024 worth USD 2.92 trillion
• 7.9 Million MSMEs Embracing Digitalization in FY2023 up from 1.5 million in FY2018.

1. The Foundation of India’s Growth

• USD 213 Billion Public Infrastructure Investment in FY2024: Central and state governments are pouring significant capital into India’s infrastructure contributing to a 5.5% of India’s GDP.
• Ranked 8th Globally for FDI: India is becoming a prime destination for global investors, with FDI expected to grow further.
• A USD 160 Billion FDI Target by 2030

2. Revolutionizing Logistics Infrastructure: India’s Road to Efficiency

• 160,000 km of National Highways by FY2025 set for massive growth, expanding by 75% from FY2015 levels.
• Cargo Growth Across All Transport Modes: Railways, ports, and airports are scaling up, with rail cargo expected to grow by 52%, ports by 67%, and airports by 197%.
• Powering India: 1,800 Billion Units of Electricity Generation by FY2025: India’s electricity generation is projected to nearly double from FY2015 levels.
• 35 Multi-Modal Logistics Parks by 2030: With an INR 50,000 crore investment, these parks will revolutionize logistics efficiency under the Bharatmala Pariyojana.