A Comparative Analysis of Vehicle Types in India: Current trends & which one should you choose! Introduction The automotive sector is a crucial component of India's economic landscape, ranking as the fourth-largest globally by production and valuation as of 2022, and the third-largest automobile market in terms of sales as of 2023. As of April 2022, India's automotive industry was valued at over US$100 billion, contributing 8% to the country’s total exports and 7.1% to its GDP. Despite this significant economic footprint, only 8% of Indian households own an automobile, with just 22 cars per 1,000 people. However, forecasts predict a dramatic increase in car ownership, with a projected 775% rise over the next two decades, reaching 175 cars per 1,000 people by 2040. This surge in vehicle ownership is expected to exacerbate issues such as pollution and traffic congestion, which already strain Indian infrastructure. [ 1 ][ 7 ] India’s automotive market is characterized by...