India’s automotive industry achieved record passenger vehicle exports in FY25, with Maruti Suzuki leading the charge by shipping 332,585 units. Hyundai secured the second spot, while Nissan, Honda Cars India, and Volkswagen also ranked among the top exporters. Looking ahead, both Maruti and Hyundai are set to expand their export...
India’s unique strengths in the EV sector, such as a vast market, government commitment, and dominance in two-wheelers will help India on its journey to becoming the EV hub. Few challenges in charging infrastructure, upfront costs, reliance on imports, and range anxiety, no doubt have been the deterrents to this...
India’s exports of vehicles declined across segments with the exception of passenger vehicles in 2022-23. While factors like global macroeconomic environment and dollar strength are cyclical, one clear reality that India needs to be cognisant of is the growing share of EVs in automotive exports and consequent decline in ICE-based...
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