Domestic Demand for Cars in India is Strong and 2024 Will be Another Good Year.
India, Jan. 1 -- That's the outlook from leaders of the industry. Our annual 'Best of the Year' mega-test and subsequent awards & interviews are always enlightening. For the mega test, we assemble all the new cars and bikes launched in the past year - and it allows us to put a marker down annually to get a sense of where the industry is heading. No surprise, it's towards EVs. Subsequentially, when we award the top-ten vehicles of the year , we sit down with leaders from the industry to get their perspective on the year gone by and the outlook for the year ahead. The consensus appears to be that, no matter what geopolitical instability the world is facing at present, India is strong, stable, and optimistic.
The CAGR of the past decade is ...
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