Market Outlook Archives

Electrifying India’s Heavy-Duty Trucking – High-Impact Applications and Scalable Growth Pathways

September 26, 2026October 7, 2026News Desk

By Naynish Kulkarni, Senior Director, Mobility Growth Advisory Practice, Frost & Sullivan India’s heavy-duty truck (HDT) sector, serving cement, steel, ports, iron ore, coal, and container logistics, is entering a transformation phase. While the sector has historically been diesel-dominated, many industrial applications run on defined routes, predictable duty cycles, and fixed loading points, making them […]

India’s CV Industry at an Inflection Point: The Road to 2030

September 5, 2026September 5, 2026News Desk

By Kinjal Shah, Senior Vice President and Co-Group Head, Corporate Ratings, ICRA Limited Over the years, the Indian commercial vehicle (CV) industry has transformed across multiple dimensions, driven by regulatory interventions, evolving customer needs and the growing policy thrust on cleaner mobility. Regulatory changes, ranging from emission norms and axle load revisions to requirements related to […]

EV Charging: Path to 10 Million EVs and Beyond

September 4, 2026September 4, 2026News Desk

By Ashim Sharma, Senior Partner & Group Head, NRI Consulting & Solutions India India’s automotive sector is undergoing a major transition as we rapidly approach a vehicle parc of 10 million Battery Electric Vehicles (BEVs). The BEV parc has grown by 57% CAGR from 2020, enabled by the expansion of charging infrastructure and strong policy […]

India’s Auto Component Industry Eyes $200 Billion by FY30, BCG-ACMA Report Finds

September 2, 2026September 3, 2026News Desk

The disruptions of tomorrow, the report warns, will not look like those of the past. Building the muscle to face them — before they arrive — is what will separate the industry’s winners from the rest. India’s auto component industry has grown at a remarkable 17% CAGR over the past decade, reaching $86 billion (₹7.6 […]

What Is Driving the Global Commercial Tyre Market to $77 Billion by 2035

August 5, 2026August 5, 2026T.Murrali

Asia-Pacific commands 43.58% of the global commercial tyre market, driven by booming vehicle production, expanding infrastructure, and strong freight demand across China, India, Japan, and Southeast Asia. The global commercial truck and bus tyre market is on a steady and significant growth trajectory. Valued at $48.82 billion in 2025, it is projected to reach $77.17 […]

EV Battery Recycling Is Becoming One of the Fastest Growing Industries in Clean Energy

July 28, 2026July 28, 2026T.Murrali

Every battery that reaches the end of its life carries inside it the raw materials for the next one. Recycling closes that loop — recovering lithium, cobalt, and nickel to feed back into new battery manufacturing and reducing the industry’s dependence on freshly mined critical minerals. There is a quiet but significant transformation underway at […]

Electric Commercial Vehicles Are Moving from Promise to Mainstream

July 22, 2026July 23, 2026T.Murrali

The global electric commercial vehicle market, according to MarketsandMarkets, is on a steep upward curve — set to more than double from $84.64 billion in 2026 to $197.55 billion by 2033, growing at a CAGR of 12.9%. Electric commercial vehicles have moved past the experiment stage. The industry has made its decision — and […]

Haryana Government Calls on Auto Component Makers to Gear Up for India’s EV Opportunity

July 21, 2026July 21, 2026News Desk

India’s electric vehicle penetration, currently at around 8.5%, is set to rise to 30% by 2030 — and component manufacturers who move early stand to benefit the most. That was the central message at ASSOCHAM Northern Region’s EV Ancillaries and Auto Components Conclave 2026, held in Gurugram, where government officials and industry leaders called on […]

Indian Auto Component Industry Grows 12.7% to INR 7.6 Lakh Crore in FY2025–26

July 20, 2026July 21, 2026News Desk

Growing localisation, technology investments and global confidence position the industry for its next phase of growth The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s auto component industry, has released the findings of its Industry Performance Review FY2025–26. The industry recorded a turnover of INR 7.60 lakh crore (USD 85.9 billion), registering […]

Indian EV Components Market Set to Surge 8X by 2032, Reaching ₹3.55 Lakh Crore: IESW Report

July 14, 2026July 14, 2026News Desk

The report reveals battery packs, motors, and power electronics will drive unprecedented growth in the domestic EV supply chain. India’s electric vehicle (EV) components market is expected to expand eight-fold over the next seven years, with projections showing a rise from ₹41,000 crore in 2025 to ₹3.55 lakh crore by 2032. This forecast comes from […]

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