Suprajit Emerges Second-Largest Global Mobility Player After Major Acquisitions

The mobility sector is undergoing significant transformation with a focus on global expansion, integrated urban transportation, and innovative personal mobility solutions. Bengaluru-based Suprajit Group leverages a flexible sourcing model and strategic acquisitions to become a global leader in light-duty cable manufacturing, emphasizing scale and reach over high-tech innovation. Meanwhile, the Mobility as a Service (MaaS) market is set for explosive growth, projected to rise from approximately $263 billion in 2025 to over $6.5 trillion by 2035, driven by digital integration of multiple transport modes and a shift from vehicle ownership to access. Urban mobility is also being reshaped by projects like Miami-Dade’s The Underline, a 10-mile urban trail promoting sustainable transit, community engagement, and economic development. Personal mobility aids are evolving with lightweight, portable designs and smart technology, enhancing user convenience and freedom. Lastly, the IAA Mobility Fair in Munich is expanding its international presence, notably with increased Asian exhibitor participation, reflecting rising global industry confidence despite economic challenges.