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India’s EV sales likely to grow 55 pc annually through 2034
IANS | 05 Aug, 2026 |
| India’s shift to electric vehicles is becoming a key economic driver, with EV sales rising 46-fold from about 50,000 units in 2016 to 2.3 million units in 2025 and the market is projected to grow to $191.04 billion by 2034 at a CAGR of 54.94 per cent, the government said on Wednesday. |
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India's auto parts industry likely to grow 10 pc through FY30
IANS | 30 Jul, 2026 |
| India’s auto component industry is likely to grow at a compound annual growth rate of about 10 per cent through fiscal 2030 as manufacturers diversify into higher‑margin precision engineering sectors such as semiconductor equipment, defence, aerospace and data‑centre power generation, a new report has said. |
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