Future of Indian Automotive Industry Growth & Trends 2030
At a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030, Future of Automotive in India are predicted to reach 6.0 million units in 2030 from 4.1 million units in 2023. At a compound annual growth rate (CAGR) of 5.7%, the India automotive (PV+CV) market is projected to increase from 5.1 million units in 2023 to 7.5 million units in 2030.
A rapidly growing middle class with more disposable...
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...
India Automotive Market Size, Share, Demand, Growth & Forecast 2030
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...