India Automotive Industry Market Share

ID: MRFR/AT/11023-HCR

128 Pages

Indu Tyagi Ketan

October 2025

India Automotive Industry Market Research Report Information By Vehicle Type (Two-Wheelers, Passenger Cars, Commercial Vehicles and Three-wheelers), By Fuel Type (Diesel, Petrol/Gasoline, CNG and LPG, Electric and Others) –Market Forecast Till 2035

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Market Share

Introduction: Navigating the Competitive Landscape of India's Automotive Future

The Indian automobile industry is undergoing a radical transformation. The rapid uptake of new technology, the changing regulatory framework, the growing importance of safety and security and the growing demand for convenience and connectivity are driving the industry into a new phase. The manufacturers are investing heavily in electric and driverless vehicles, while IT companies are enhancing the vehicle’s software capabilities to improve its convenience and efficiency. The electric vehicle charging stations are also being developed to give a competitive edge to the charging network. Artificial intelligence and big data companies are deploying their advanced analytics and machine learning capabilities to optimize the supply chain and to enable predictive maintenance. And as the market evolves, the IoT and biometrics are redefining the way consumers interact with the vehicles. The green initiatives are reshaping the way the automobiles are positioned in the market. The industry is also expected to focus on regional growth opportunities, especially in tier II and tier III cities, where the demand for mobility solutions is growing rapidly.

Competitive Positioning

Full-Suite Integrators

These vendors offer a comprehensive range of automotive solutions, from manufacturing to after-sales services.

Vendor	Competitive Edge	Solution Focus	Regional Focus
Tata Motors Limited (includes Tata and Jaguar)	Diverse portfolio and strong brand presence	Passenger and commercial vehicles	India and global markets
Hyundai Motor India Ltd	Innovative technology and design	Passenger vehicles	India and Asia-Pacific
Mahindra & Mahindra Limited	Strong in utility and electric vehicles	SUVs and commercial vehicles	India and emerging markets
MG Motor India Pvt. Ltd	Focus on electric and connected vehicles	Passenger vehicles	India
BMW AG (includes BMW and MINI)	Luxury and performance-oriented offerings	Luxury vehicles	India and global markets
Mercedes-Benz India Pvt Ltd	Premium brand with advanced technology	Luxury vehicles	India

Motorcycle Manufacturers

These vendors specialize in two-wheeler manufacturing, focusing on performance and innovation.

Vendor	Competitive Edge	Solution Focus	Regional Focus
TVS Motor Company	Strong R&D and product innovation	Motorcycles and scooters	India and international markets
Hero Moto Corp	Market leader with extensive distribution	Motorcycles and scooters	India and global markets
Honda Motorcycle & Scooter India Pvt. Ltd.	Global brand with reliable products	Motorcycles and scooters	India and Asia-Pacific
Royal Enfield	Iconic brand with a loyal customer base	Classic motorcycles	India and international markets
Bajaj Auto Corp	Strong presence in performance bikes	Motorcycles and three-wheelers	India and emerging markets
Suzuki Motorcycle India Private Limited	Diverse product range and affordability	Motorcycles and scooters	India
Piaggio & C. SpA	Innovative design and technology	Scooters and three-wheelers	India and global markets
Lohia Auto Industries	Focus on eco-friendly vehicles	Electric and three-wheelers	India
Atul Auto Limited	Strong in three-wheeler segment	Three-wheelers	India
Terra Motors India Corp.	Focus on electric mobility solutions	Electric two-wheelers	India
Scooters India Ltd.	Established brand in scooter market	Scooters	India

Emerging Players & Regional Champions

Ola Electric (India): This company, which specializes in electric scooters and charging stations, has just won a contract to supply the government with electric vehicles, and is a direct competitor to the two-wheeled vehicle industry. It has an advantage in technology.
Ather Energy (India): Focuses on smart electric scooters with advanced connectivity features, recently expanded its charging network across major cities, complementing established players by pushing for a shift towards sustainable urban mobility.
Tata Motors (India): While an established player, its focus on electric vehicles and sustainable practices positions it as a regional champion, recently launched a new line of electric cars that competes directly with global brands.
Revolt Motors (India): Offers AI-enabled electric motorcycles, recently partnered with local delivery services to provide electric bikes, challenging conventional motorcycle manufacturers by targeting the urban delivery market.
Mahindra Electric (India): Focuses on electric mobility solutions and has recently launched a new range of electric commercial vehicles, complementing traditional automotive offerings by providing eco-friendly alternatives.

Regional Trends: The Indian automobile industry is undergoing a significant transition towards electric mobility, spurred by government incentives and a growing demand for sustainable mobility solutions. There are several startups that are focusing on electric vehicles, smart technology and connectivity. Regional players are bringing down the cost of production and improving the supply chain, while the established players are stepping up their investment in electric and hybrid vehicles.

Collaborations & M&A Movements

Tata Motors and Tesla entered into a partnership to co-develop electric vehicle technology, aiming to enhance Tata's EV offerings and increase market share in the growing electric vehicle segment in India.
Mahindra & Mahindra acquired a 51% stake in a local electric scooter startup to expand its footprint in the electric two-wheeler market, positioning itself as a key player in the sustainable mobility sector.
Bajaj Auto and KTM announced a collaboration to develop a new line of electric motorcycles, leveraging KTM's expertise in performance bikes to capture the youth market in India.

Competitive Summary Table

Capability	Leading Players	Remarks
Biometric Self-Boarding	Tata Motors, Mahindra & Mahindra	Tata Motors has implemented biometric systems in select models to enhance security and user experience, while Mahindra & Mahindra is exploring partnerships with tech firms to integrate biometric features in their upcoming electric vehicles.
AI-Powered Ops Mgmt	Ashok Leyland, Hero MotoCorp	Ashok Leyland utilizes AI for predictive maintenance and supply chain optimization, leading to reduced downtime. Hero MotoCorp has adopted AI-driven analytics for better inventory management and customer insights.
Border Control	Maruti Suzuki, Hyundai India	Maruti Suzuki has developed advanced border control systems for their manufacturing plants to streamline logistics. Hyundai India is enhancing border control measures through smart technology to ensure compliance and efficiency.
Sustainability	Tata Motors, Mahindra & Mahindra	Tata Motors is focusing on sustainable manufacturing processes and electric vehicle production, while Mahindra & Mahindra has committed to a significant reduction in carbon emissions across its supply chain by 2025.
Passenger Experience	Kia India, Honda Cars India	Kia India is known for its user-friendly infotainment systems and comfortable interiors, enhancing passenger experience. Honda Cars India is integrating advanced safety features and connectivity options to improve overall customer satisfaction.

Conclusion: Navigating India's Automotive Landscape in 2025

The Indian automobile industry will be characterized by a fragmented and regionally differentiated market as we approach 2025. The more established players will continue to leverage their brand equity and integrate advanced technology, while the newer ones will focus on innovation and agility. The strategic implications for suppliers are clear: those that are able to leverage the capabilities of AI, automation, and sustainable mobility will emerge as the leaders. Regionally, the market for electric vehicles and smart mobility solutions will grow, forcing the industry to evolve rapidly. In this context, the ability to respond quickly and invest in new capabilities will be critical for sustaining a competitive advantage.

Market Highlights

Author

Indu Tyagi Ketan

Chief Strategy Officer

Indu Tyagi Ketan CSO and one of our esteemed authors at Market Research Future, is a biomedical engineer with a specialization in neurophysiology. Her forte is in forecasting advancements & investments in new technologies. She has played a vital role in designing strategies & roadmaps for many organizations. Indu is a strategy & marketing leader with a demonstrated history of working in industry & market research/consulting.

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FAQs

What is the current valuation of the India Automotive Industry?

The overall market valuation of the India Automotive Industry was 118.92 USD Billion in 2024.

What is the projected market size for the India Automotive Industry by 2035?

The projected valuation for the India Automotive Industry is 300.79 USD Billion by 2035.

What is the expected CAGR for the India Automotive Industry from 2025 to 2035?

The expected CAGR for the India Automotive Industry during the forecast period 2025 - 2035 is 8.8%.

Which companies are the key players in the India Automotive Industry?

Key players in the India Automotive Industry include Tata Motors, Mahindra & Mahindra, Maruti Suzuki, and Bajaj Auto.

What are the major vehicle segments in the India Automotive Industry?

The major vehicle segments include Two-Wheelers, Passenger Cars, Commercial Vehicles, and Three-Wheelers.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per MRFR analysis, the India Automotive Market Size was estimated at 118.92 USD Billion in 2024. The exhibiting a compound annual growth rate (CAGR) of 8.8% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India automotive industry is experiencing a transformative shift towards electric mobility and smart technologies.

The rise of electric vehicles is reshaping the automotive landscape, particularly in urban areas. Integration of smart technologies is becoming increasingly prevalent in both two-wheelers and passenger cars. A strong focus on sustainability is driving manufacturers to adopt eco-friendly practices and materials. The growing middle-class population and government initiatives are key drivers propelling the demand for electric vehicles and sustainable mobility solutions.

India Automotive Industry Market

CAGR

8.8%

Market Size & Forecast

2024 Market Size	118.92 (USD Billion)
2035 Market Size	300.79 (USD Billion)
CAGR (2025 - 2035)	8.8%
Largest Regional Market Share in 2024	Asia Pacific

Major Players

Tata Motors (IN), Mahindra & Mahindra (IN), Maruti Suzuki (IN), Hindustan Motors (IN), Bajaj Auto (IN), Hero MotoCorp (IN), TVS Motor Company (IN), Ford India (IN), Hyundai Motor India (IN), Kia India (KR)

Market Trends

The India Automotive Industry Market is currently experiencing a transformative phase characterized by rapid advancements in technology and shifting consumer preferences. The increasing emphasis on sustainability is driving manufacturers to innovate and adopt eco-friendly practices. Electric vehicles are gaining traction, as consumers become more environmentally conscious and seek alternatives to traditional fuel sources. Additionally, the integration of smart technologies into vehicles is reshaping the driving experience, enhancing safety and convenience for users. This evolution reflects a broader global trend towards digitization and connectivity in transportation. Moreover, the competitive landscape within the automotive industry is intensifying, with both established players and new entrants vying for market share. This trend is particularly evident in the car market share in India, where leading brands are continuously innovating and expanding their portfolios to strengthen their position amid rising consumer expectations and evolving mobility needs. The rise of startups focusing on electric mobility and autonomous driving solutions indicates a shift towards more diverse offerings. As the industry adapts to these changes, collaboration between automakers, technology firms, and government bodies is likely to play a crucial role in shaping future developments. The ongoing investments in infrastructure and research are expected to further bolster the industry's growth, positioning it as a key player in The India Automotive Industry Market.

Rise of Electric Vehicles

The shift towards electric vehicles is becoming increasingly pronounced in the auto industry in India. This trend is driven by a combination of consumer demand for sustainable options and government initiatives promoting clean energy technology. Automakers are investing heavily in electric technology, aiming to expand their offerings and meet regulatory requirements. This momentum strongly reflects the future of automobile industry in India, as the nation moves toward greener mobility, advanced manufacturing, and long-term sustainability.

Integration of Smart Technologies

The incorporation of smart technologies into vehicles is transforming the driving experience in the automobile market in India. Features such as advanced driver-assistance systems and connectivity options are enhancing safety and convenience. This trend reflects a broader movement towards digitization in transportation.

Focus on Sustainability

Sustainability is emerging as a central theme in the India Automotive Industry Market. Manufacturers are increasingly adopting eco-friendly practices, from production processes to materials used in vehicles. This focus on sustainability aligns with global efforts to reduce carbon footprints management and promote environmental responsibility.

India Automotive Industry Market Market Drivers

Growing Middle-Class Population

The expanding middle-class population in India is a pivotal driver for the India Automotive Industry Market. As disposable incomes rise, more consumers are inclined to purchase personal vehicles, leading to increased demand. Reports indicate that the middle-class segment is projected to reach 600 million by 2030, which could significantly boost vehicle sales. This demographic shift not only enhances the purchasing power but also influences consumer preferences towards more advanced and feature-rich vehicles. Consequently, automakers are likely to tailor their offerings to meet the evolving needs of this burgeoning market segment, thereby stimulating growth within the India Automotive Industry Market. This shift also reflects broader trends in the auto industry in India, where manufacturers are increasingly focusing on innovation, sustainability, and consumer-centric designs. As demand patterns continue to change, the automobile market in India is expected to expand steadily, especially within the car industry in India, which is experiencing rapid transformation driven by technological advancements and shifting consumer preferences.

Government Initiatives and Policies

Government initiatives aimed at promoting the automotive sector play a crucial role in shaping the India Automotive Industry Market. Policies such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme and the Production-Linked Incentive (PLI) scheme are designed to incentivize manufacturers and consumers alike. These initiatives are expected to enhance domestic production capabilities and encourage the adoption of electric vehicles. For instance, the PLI scheme aims to attract investments worth approximately USD 8 billion in the automotive sector, which could lead to significant advancements in technology and infrastructure. Such supportive measures are likely to create a conducive environment for growth in the India Automotive Industry Market.

Technological Advancements in Manufacturing

Technological advancements in manufacturing processes are transforming the landscape of the India Automotive Industry Market. The adoption of automation, artificial intelligence, and robotics is enhancing production efficiency and reducing costs. For example, the implementation of Industry 4.0 technologies is enabling manufacturers to optimize supply chains and improve quality control. This shift towards more sophisticated manufacturing techniques is not only increasing output but also allowing for greater customization of vehicles. As a result, automakers are better positioned to respond to consumer demands and market trends, thereby fostering innovation and competitiveness within the India Automotive Industry Market.

Urbanization and Infrastructure Development

Rapid urbanization in India is significantly influencing the dynamics of the India Automotive Industry Market. As more people migrate to urban areas, the demand for personal and public transportation is escalating. The government is investing heavily in infrastructure development, including road networks and public transport systems, which is expected to facilitate smoother mobility. Reports indicate that urban vehicle sales are projected to increase, driven by the need for efficient transportation solutions. This trend is likely to encourage automakers to innovate and adapt their products to meet the specific needs of urban consumers, thereby propelling growth in the India Automotive Industry Market.

Rising Demand for Sustainable Mobility Solutions

The increasing awareness of environmental issues is driving the demand for sustainable mobility solutions within the India Automotive Industry. Consumers are becoming more conscious of their carbon footprint, leading to a surge in interest for electric and hybrid vehicles. Market data suggests that the electric vehicle segment is expected to grow at a compound annual growth rate (CAGR) of over 40% in the coming years. This shift towards sustainability is prompting manufacturers to invest in cleaner technologies and develop eco-friendly vehicles. Consequently, the focus on sustainable mobility is likely to reshape the product offerings and strategies of companies operating in the India Automotive Industry Market.

Market Segment Insights

By Vehicle Type: Two-Wheelers (Largest) vs. Passenger Cars (Fastest-Growing)

In the India Automotive Industry Market, the Vehicle Type segment showcases significant diversity with Two-Wheelers holding the largest market share. Their popularity can be attributed to affordability, fuel efficiency, and the convenience of navigating through congested urban areas. <a href="https://www.marketresearchfuture.com/reports/passenger-cars-market-42133">Passenger Cars</a>, while not the largest segment, are experiencing notable growth due to rising disposable incomes and changing consumer preferences that favor personal mobility. These patterns play a major role in shaping the overall market share of automobile industry in India, reflecting how consumer choices are shifting across different vehicle categories. Furthermore, increasing urbanization, changing lifestyles, and a growing middle class are accelerating demand for personal vehicles that offer comfort and convenience. Commercial Vehicles are also an essential segment, supporting logistics and transportation needs, while Three-Wheelers continue to serve as a practical solution for short-distance transportation in many cities across India.

Two-Wheelers (Dominant) vs. Commercial Vehicles (Emerging)

Among the vehicle types in India, Two-Wheelers dominate the market due to their cost-effectiveness and high adaptability to India's traffic conditions. As a vital mode of transportation for millions, they are especially favored in urban areas for their efficiency and ease of use. In contrast, <a href="https://www.marketresearchfuture.com/reports/commercial-vehicle-market-34525">Commercial Vehicles</a> are emerging as a crucial player in the industry, driven by the expansion of e-commerce and logistics. Their growth is characterized by increased investments in infrastructure, which paves the way for larger fleet operations. Innovations in fuel technology and regulations to improve emissions further empower the Commercial Vehicle segment to be competitive, even as it fights for market share against the dominant Two-Wheeler segment.

By Fuel Type: Diesel (Largest) vs. Electric (Fastest-Growing)

The automotive fuel market in India is traditionally dominated by diesel, accounting for a significant portion of the fuel consumption among vehicles. Petrol/gasoline follows closely, supported by the widespread availability of refueling infrastructure and consumer preference for its performance in passenger vehicles. CNG and <a href="https://www.marketresearchfuture.com/reports/liquefied-petroleum-gas-lpg-market-11766">LPG </a>have also carved out a niche, especially in urban regions, due to government initiatives promoting cleaner fuels. Alternatively, the electric vehicle segment is gaining traction, fueled by increasing environmental awareness and government incentives aimed at reducing fossil fuel dependency. In terms of growth trends, diesel's dominance is challenged by the rapid expansion of electric vehicles, which are positioned as the eco-friendly alternative in response to stringent emission norms. The surge in electric vehicle adoption is driven by advancements in battery technology, increased charging infrastructure, and a significant push from both the government and private sectors to enhance sustainability in the automotive landscape. Meanwhile, petrol and alternative fuels like CNG are benefiting from a transitional phase as the market adjusts to evolving consumer preferences and regulatory measures, reflecting broader shifts within the car industry in India, where cleaner mobility solutions are becoming a core focus.

Diesel (Dominant) vs. Electric (Emerging)

Diesel remains the dominant fuel type in the Indian automotive market, particularly in commercial vehicles such as trucks and buses, due to its higher fuel efficiency and torque delivery. The infrastructure for diesel refueling is well-established, further solidifying its market position. In contrast, the electric vehicle segment is emerging rapidly, supported by significant investments and policy initiatives aimed at promoting clean energy. With improvements in battery technology and reductions in costs, electric vehicles are expected to capture a growing market share. The Indian government’s emphasis on reducing pollution levels and promoting electric mobility reinforces the viability of electric vehicles as an essential segment of the automotive industry. <a href="https://www.marketresearchfuture.com/reports/automotive-regenerative-braking-system-market-6919">Regenerative braking systems</a> and innovative designs also enhance the attractiveness of electric options for consumers seeking sustainable alternatives.

Get more detailed insights about India Automotive Industry Market Research Report – Forecast till 2035

Regional Insights

North America : Innovation and Sustainability Focus

The North American automotive market is witnessing a significant transformation driven by innovation and sustainability. With a focus on electric vehicles (EVs) and advanced technologies, the region is expected to hold approximately 25% of The India Automotive Industry Market share. Regulatory catalysts, such as stricter emissions standards and incentives for EV adoption, are propelling growth. The U.S. and Canada are the largest markets, with a combined share of around 20%. Leading players like Ford and General Motors are investing heavily in EV technology, while new entrants are challenging traditional models. The competitive landscape is evolving, with a surge in startups focusing on autonomous vehicles and smart mobility solutions. Key players such as Tesla and Rivian are reshaping consumer expectations, making North America a hub for automotive innovation.

Europe : Regulatory Framework Driving Change

Europe's automotive industry is undergoing a paradigm shift towards sustainability, driven by stringent regulations and consumer demand for greener vehicles. The region is projected to account for approximately 30% of The India Automotive Industry Market, with Germany and France being the largest contributors, holding around 15% and 10% market shares respectively. The European Union's Green Deal and the Fit for 55 package are pivotal in shaping the future of mobility, promoting electric and hybrid vehicles. Countries like Germany, France, and Italy are at the forefront of this transition, with established manufacturers such as Volkswagen, BMW, and Renault leading the charge. The competitive landscape is characterized by a mix of traditional automakers and new entrants focusing on electric mobility. The presence of key players and a robust supply chain further enhance Europe's position as a leader in the automotive sector.

Asia-Pacific : Emerging Market Potential

The Asia-Pacific region is a powerhouse in the automotive industry, driven by rapid urbanization and increasing disposable incomes. India and China are the largest markets, collectively holding over 40% of The India Automotive Industry Market share. The Indian automotive sector is projected to grow significantly, supported by government initiatives like the Production-Linked Incentive (PLI) scheme, which aims to boost manufacturing and attract investments. Key players such as Tata Motors, Mahindra & Mahindra, and Maruti Suzuki dominate the landscape, with a strong focus on electric vehicles and sustainable practices. The competitive environment is intensifying as global manufacturers like Hyundai and Kia expand their presence. The region's growth is further fueled by advancements in technology and a shift towards smart mobility solutions, making it a critical area for automotive innovation.

Middle East and Africa : Resource-Rich Market Opportunities

The Middle East and Africa (MEA) region presents unique opportunities in the automotive sector, driven by resource wealth and increasing demand for mobility solutions. The automotive market is expected to grow, with South Africa and the UAE being the largest markets, holding approximately 15% and 10% of the regional share respectively. Government initiatives aimed at diversifying economies and enhancing infrastructure are key growth drivers. Leading players like Ford and Toyota are establishing a strong foothold, while local manufacturers are emerging to meet the growing demand. The competitive landscape is evolving, with a focus on affordable vehicles and innovative financing solutions. The region's potential is further enhanced by investments in electric mobility and smart transportation systems, positioning MEA as a significant player in The India Automotive Industry Market.

Key Players and Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the India Automotive Industry Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, automotive industry must offer cost-effective items, especially as the Indian car market continues to evolve rapidly with increasing consumer expectations and technological advancements.

Key Companies in the India Automotive Industry Market market include

Industry Developments

Q3 2025: Maruti Suzuki to launch new mid-sized SUV on September 3 to regain market share Maruti Suzuki announced it will launch a new mid-sized SUV on September 3, 2025, as part of its strategy to strengthen its position in the competitive Indian passenger vehicle market.
Q3 2025: IIT-Hyderabad deploys India’s first driverless electric buses for daily campus service IIT-Hyderabad has introduced India's first driverless electric buses for regular campus operations, marking a significant milestone in autonomous vehicle deployment in the country.
Q3 2025: Ashok Leyland to infuse ₹305.7 crore in its two subsidiaries Ashok Leyland announced a capital infusion of ₹305.7 crore into two of its subsidiaries to support their growth and expansion plans.
Q3 2025: Tata Hitachi eyes ₹5,500 crore in FY26 revenue Tata Hitachi, a construction equipment joint venture, has set a revenue target of ₹5,500 crore for FY26 and plans to invest ₹150 crore in 2025, primarily to expand its heavy mining equipment portfolio.
Q3 2025: Classic Legends initiates ESOPs for employees, US launch impacted by Trump tariffs Classic Legends has launched an employee stock ownership plan (ESOP) for its workforce, while its planned US market entry has been delayed due to new tariffs.
Q3 2025: Royal Enfield to rev up Brazil presence amid cautious optimism Royal Enfield announced plans to expand its presence in Brazil, aiming to strengthen its international footprint in the motorcycle segment.
Q3 2025: How Mahindra Auto is scaling AI from factory floor to customer experience Mahindra Auto revealed new initiatives to integrate artificial intelligence across its manufacturing and customer service operations, aiming to enhance efficiency and user experience.
Q3 2025: Delhi plans pilot project to retrofit govt vehicles with advanced catalytic converters The Delhi government announced a pilot project to retrofit government vehicles with advanced catalytic converters to reduce emissions and improve air quality.
Q4 2024: The Centre has launched the PM E-DRIVE scheme with a budget of US$ 1.30 billion (Rs. 10,900 crore), effective from October 1, 2024, to March 31, 2026. The Indian government launched the PM E-DRIVE scheme to accelerate electric vehicle adoption, establish charging infrastructure, and develop an EV manufacturing ecosystem.

Future Outlook

India Automotive Industry Market Future Outlook

The India Automotive Industry Market is projected to grow at an 8.8% CAGR from 2024 to 2035, driven by technological advancements, increasing consumer demand, and government initiatives.

New opportunities lie in:

Expansion of electric vehicle charging infrastructureDevelopment of connected vehicle technologiesInvestment in autonomous vehicle research and development

By 2035, the market is expected to be robust, driven by innovation and sustainability.

Market Segmentation

India Automotive Industry Market Fuel Type Outlook

Diesel
Petrol/Gasoline
CNG and LPG
Electric
Others

India Automotive Industry Market Vehicle Type Outlook

Two-Wheelers
Passenger Cars
Commercial Vehicles
Three-wheelers

Report Scope

MARKET SIZE 2024	118.92(USD Billion)
MARKET SIZE 2025	129.39(USD Billion)
MARKET SIZE 2035	300.79(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)	8.8% (2024 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Market analysis in progress
Segments Covered	Market segmentation analysis in progress
Key Market Opportunities	Growth in electric vehicle adoption driven by government incentives and evolving consumer preferences in the India Automotive Industry.
Key Market Dynamics	Rising electric vehicle adoption driven by government incentives and shifting consumer preferences towards sustainable mobility solutions.
Countries Covered	North America, Europe, APAC, South America, MEA