Electric, Smart & Connected: India’s Mobility Market Set for a $600B Transformation

India's mobility industry is projected to double, exceeding $600 billion by 2030, according to the 'Think Mobility Report' released by Google and the Boston Consulting Group (BCG). 

 

 This growth is attributed to the rising adoption of electric vehicles (EVs), with one in three consumers considering EVs for their next purchase. Notably, women now influence 52% of EV purchasing decisions, up from 38% for traditional vehicles. The report also highlights that emerging sectors like electric, shared, and connected mobility are expected to contribute $100 billion to the industry's revenue.

 

Source: The Tribune