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INDIA MOBILITY MARKET TO DOUBLE BY 2030

The Sunday Guardian

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January 19, 2025

The Indian mobility industry is charting its unique course and is poised to double and cross USD 600 billion by the end of the decade by 2030, according to a joint report released by Google and Boston Consulting Group (BCG) at the ongoing six-day Bharat Mobility Auto Expo.

INDIA MOBILITY MARKET TO DOUBLE BY 2030

The report, titled Think Mobility Report, revealed that growth in the mobility sector will be driven by both traditional and emerging revenue pools, marking a departure from global trends.

As electric vehicles (EVs) gain momentum, one in three consumers is considering them for their next purchase, with distinct preferences emerging between electric four-wheelers (E4W) and electric twowheelers (E2W).

Electric four-wheeler buyers prioritize sophistication, advanced technology, and exclusivity. In contrast, electric two-wheeler consumers focus more on practicality, comfort, and affordability.

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