The Indian market is growing rapidly. By 2026, the nation is expected to be the third-largest automobile market in the world, hitting a volume of US$ 135 billion. The Indian auto industry is reportedly manufacturing about 25 million cars. This has a clear role in the foreign market of heavy goods vehicles, including tractors, busses, and heavy goods vehicles.
The sector accounted for nearly 7.1 percent of India's GDP. It also offers significant incentives for R&D innovation and direct jobs for both professional and unskilled employees.
India Competitive Intelligence offers automobile and connectivity consulting services covering India 's diverse and integrated industry across main sectors, including automobile digitalization, smart and electric cars, e-hailing networks, automotive aftermarket and maintenance, modern supply chain, industrial and passenger automobiles, lubricants, and much more.