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Future Of Indian Auto Industry To 2030

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
India will become a global hub for automotive manufacturing and R&D with over 7.5mn vehicles sold by 2030 and over 100mn vehicles on road providing growth opportunities across the industry value chain
The article by Sarwant Singh for Forbes, published on February 11, 2025, discusses the transformative trajectory of the Indian automotive industry up to 2030. It highlights the shift towards electric vehicles (EVs) driven by government policies like the FAME II scheme, which aims to reduce pollution and promote sustainable transport. The piece notes that India is poised to become a significant player in the global EV market, with projections suggesting that by 2030, EVs could account for 30% of new vehicle sales. Key points include the growth in domestic manufacturing, the rise of startups in the EV space, advancements in battery technology, and the development of charging infrastructure. Additionally, the article touches on the challenges such as the need for substantial investment in R&D, the adaptation of supply chains, and the integration of smart technologies like AI and IoT into vehicles. The future also involves a focus on shared mobility, autonomous driving technology, and the potential for India to export EVs, thereby enhancing its position in the global automotive supply chain.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/sarwantsingh/2025/02/11/future-of-indian-auto-industry-to-2030/ ]