Future of Automotive in India Size, Share, Trends and Forecast 2030
The India automotive (PV+CV) market size 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...