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India Automotive Market Size, Share, Demand, Growth & Forecast 2030
Jan 30th, 2025 · Comments Off on India Automotive Market Size, Share, Demand, Growth & Forecast 2030
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The India automotive (PV+CV) market is expected to grow from 5.1 million units in 2023 to 7.5 million units in 2030, at a CAGR of 5.7%.
The future of automotive in India is driven by a rapidly increasing middle class with higher disposable incomes, fast adoption of shared mobility, the launch of affordable cars with lucrative design features, and the government actively pursuing policies for boosting...