Press Release Content:
Strong Growth Predicted in the Analysis of Automobile Industry in India
According to a recent report by Mordor Intelligence, the analysis of automobile industry in India reveals a promising outlook. The market is projected to grow from USD 137.06 billion in 2025 to USD 203.25 billion by 2030, reflecting a robust compound annual growth rate (CAGR) of 8.2%.
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Key Drivers of Growth:
• Rising Middle-Class Income: Increasing disposable income among India’s middle-class population is directly contributing to higher vehicle ownership.
• Urban Infrastructure Development: The government's continued investment in roads and smart city initiatives is boosting demand for automobiles, particularly in urban and semi-urban areas.
• Shifts in Transportation Habits: A preference for personal transport, influenced by safety and convenience, is also driving passenger vehicle sales.
• Push for Electric Vehicles (EVs): National-level EV policies and manufacturer interest are accelerating the shift toward cleaner mobility solutions.
Current Market Trends:
The automobile industry in India continues to be dominated by two-wheelers and passenger cars, while commercial vehicles and EV segments are showing consistent growth. Industry players are investing in digital retail channels and connected vehicle technology to improve customer experiences.
Challenges in the Sector:
• Supply chain inefficiencies and semiconductor shortages
• Rising input and fuel costs
• Limited EV charging infrastructure
These remain concerns that stakeholders must address to maintain growth momentum.
Future Outlook:
As per the Mordor Intelligence report, the future of automobile industry in India looks optimistic. Continued economic progress, favorable demographics, and a policy-driven market environment are expected to sustain industry expansion through 2030.
About Mordor Intelligence:
Mordor Intelligence is a global market research and advisory firm that provides in-depth reports and analysis across a wide range of industries, including automotive, energy, healthcare, technology, and more. With a focus on accuracy, transparency, and actionable insights, Mordor Intelligence empowers businesses and decision-makers to stay ahead of market trends and make strategic, data-driven decisions. The firm is known for its comprehensive research methodologies, expert analysts, and real-time market tracking, serving clients ranging from startups to Fortune 500 companies worldwide.

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