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The Indian automotive industry has registered rapid growth by adopting advanced technologies and trends to meet the changing needs and preferences of consumers. Significant technological advancements in electric vehicles, autonomous driving, connectivity, embracing digital sales, expanding the used-car market and intense focus on safety measures are redefining the industry’s growth momentum and in turn transforming both urban and rural transportation. EVs are set to drive the industry with the Indian government providing strategic policy support for achieving majority EV penetration by 2030.
