India’s electric vehicles market is expected to be the next biggest breakthrough in the country’s booming automotive industry, after being named one of the world’s leading markets for Microcars and
The popularity of microcars is increasing as both big and small players alike in India’s automotive industry work to develop innovative solutions for consumers in high-traffic, population-dense areas. Microcars require
The automotive components market in India has quickly become one of the country’s most valuable markets: it is currently valued at over USD 44 billion. It is characterized by a
India’s automotive component market has been growing rapidly over the last few years, thanks in large part to growth and productivity in end-user industries. India’s automotive component exports are expected