Quote on Automotive Year ender by Mr.Sanjeev Babbar, Director, JCBL Ltd
Below the Quote on Automotive Year ender by Mr.Sanjeev Babbar, Director, JCBL Ltd
India’s automotive sector is one of the most vital contributors to the economy. Currently the fourth-largest auto market globally, India is on track to secure the 3rd position by 2026.
The year 2025 has been a defining period for the Indian automotive sector, marked by rapid technological adoption and a strong shift toward safety, efficiency, and sustainability. OEMs have significantly accelerated investments in electric and alternative-fuel technologies, while the demand for connected features, telematics, and advanced driver-assistance systems has grown across both commercial and passenger segments. Key trends of Year include the expansion of EV production, development of new technologies like autonomous & connected vehicles and the growth of Mobility-as-a-Service (MaaS) models.
On the commercial vehicle side, rising fleet modernization, improving infrastructure, and growing mobility needs have driven demand for buses and logistics vehicles. Customers today expect higher reliability, better comfort, and smart features even in mass mobility solutions, and manufacturers are responding with innovations in body design, lightweight materials, and improved passenger safety systems.
As we move into 2026, we foresee the industry becoming even more customer-centric and technology-led. India’s automobile industry is poised for a promising future, driven by technological advancements, sustainability goals, and government support. Policies like the Production Linked Incentive (PLI) scheme and the PM E-Drive initiative aim to accelerate EV adoption and manufacturing localization. While challenges like high infrastructure & technology , Regulatory uncertainty remains, the growth potential is significant, especially in the EV and connected mobility segments.
Above views are of the author and not of the website kindly read disclaimer
More News
Quote on MSME Day Story by Mr. Dhiraj Jha, CEO of Satin Finserv Ltd
