
Indian Automotive Market — An Overview

Raj Shroff
Partner, Managing DirectorIndia is emerging as the new frontier in Automotive Sector —a dynamic and promising market shaping the future of the global industry.
With low vehicle penetration, a growing middle class, and government initiatives like ‘Make in India’ and the Automotive Mission Plan 2026, India presents a compelling opportunity for global investors.
While challenges remain, such as uneven EV infrastructure development, high upfront EV costs, and reliance on imports for critical battery technologies, the surging demand for premium, feature-rich vehicles underscores the industry’s bright outlook.
Discover more about India’s Automotive sector’s outlook in the article below.