What are the primary segments within the Indian automotive market?

The Indian automotive market is primarily segmented into two-wheelers, passenger vehicles (PVs), commercial vehicles (CVs), and three-wheelers, with two-wheelers and PVs dominating sales volume.

What role do electric vehicles (EVs) play in Automotive India's future?

EVs are crucial for India's sustainable future, with significant government push through schemes like FAME II and growing consumer adoption, indicating a major shift towards electrification across segments.

How is the Indian automotive industry contributing to the economy?

The Indian automotive industry is a key economic pillar, contributing significantly to manufacturing GDP, generating extensive employment, and boosting exports of vehicles and auto components.

What are the current policy trends affecting Automotive India?

Current policy trends include stringent emission norms (BS6 phase 2), incentives for electric vehicle adoption (FAME II), and Production Linked Incentive (PLI) schemes to encourage local manufacturing and advanced technologies.