The Automobile Market in India: Understanding Growth Dynamics and...

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2025-08-11 00:43:33 -

The Automobile Market in India: Understanding Growth Dynamics and Consumer Demand

The automobile industry in India is valued at USD 137.06 billion in 2025 and is projected to reach USD 203.25 billion by 2030, growing at a CAGR of 8.2% during the forecast period (2025–2030), according to Mordor Intelligence. This steady growth is closely linked to India’s expanding economy and rising disposable incomes among middle-class consumers, which are directly fueling...

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