India’s Automotive & Mobility sector is forecasted to grow at a robust CAGR of 6.5% from 2024 to 2029. This growth is driven by advancements in electric vehicles (EVs), government incentives, and increasing consumer demand for smarter, more sustainable mobility solutions. The sector's expansion presents significant opportunities for businesses looking to tap into India’s evolving transportation ecosystem.
Several years ago, India’s Automotive & Mobility industry was already on a growth trajectory but faced challenges like policy ambiguity and limited infrastructure for EVs. The industry was primarily driven by traditional internal combustion engines. However, recent initiatives such as the Faster Adoption and Manufacturing of Electric Vehicles (FAME) policy, along with rising environmental concerns, have accelerated the shift toward sustainable mobility and modernized automotive solutions.
The rapid growth in India’s Automotive & Mobility sector signals a golden opportunity for companies seeking to establish or expand their presence in the Indian market. As consumers embrace new technologies like EVs and shared mobility, the industry is positioned to be one of the country’s fastest-growing sectors. The transformation of India’s transportation landscape makes it essential for companies to adopt the right strategies to capitalize on this momentum.
Market Research India is a leading advisory firm with a proven track record in the Automotive & Mobility sector. Our expertise spans from market entry strategies to competitive benchmarking and operational support. We provide deep insights into the unique challenges and opportunities of the Indian market, ensuring our clients stay ahead in the rapidly changing mobility landscape.
Market Research India understands the complexities of navigating India’s Automotive & Mobility industry. With deep market knowledge and extensive experience, we offer hands-on support tailored to our clients’ needs, helping them overcome market entry barriers, capitalize on new opportunities, and achieve long-term success in this dynamic and fast-growing sector.
Gain an understanding of customer preferences and spending habits and develop the right approach for the Indian market.
We provide support by determining the viability of M&A to improve your chances of business growth.
Providing advisory services to refine your business process and maximize your performance in the value chain.
Develop growth and transformation strategies to allow your business to adapt to the Indian market.
Our professionals are experienced in various strategic consulting areas and will deliver high-impact solutions for your business.
Contact Us
