Indian Automotive Market update : May 2025
Indian Automotive Industry: Navigating a steady path amid diverging segment trends (May 2025) India’s automotive sector continues to chart a resilient path through FY2025–26, underpinned by a stable macroeconomic foundation and supportive policy signals. GDP growth is expected to hover around 6.5%, inflation has moderated to 2.8%, and record-high GST collections signal sustained economic activity. […]
Indian Automotive Market update : April 2025
India’s automotive industry began FY2026 on a cautiously optimistic note. While total vehicle production (excluding two-wheelers) grew by 10% year-on-year, supported by robust performances in the passenger car and tractor segments, the two-wheeler segment saw a 5% dip due to inventory correction and a high base effect. The passenger car market continued to be buoyed […]
Automotive Market Update – March 2025
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Karnataka Clean Mobility Policy 2025-30: Driving the Future of Sustainable Transport
Introduction Karnataka has taken a bold step toward sustainable and clean mobility with the launch of the Karnataka Clean Mobility Policy 2025-30. This policy aims to position the state as the #1 hub in Asia for clean mobility, attracting investments, fostering innovation, and accelerating the transition to electric, hydrogen, and fuel-cell vehicles. With ₹50,000 crore […]
Indian Automotive Market 2024: A Mixed Year
The Indian Automotive Market’s Performance India’s automotive sector, a powerhouse of the economy, has surged ahead to become the third-largest automobile market globally. This dynamic industry, contributing over $200 billion to the economy and accounting for 7.1% of the GDP, is a vital engine of growth, providing employment to more than 40 million people both […]