As we celebrate India’s 77th Independence Day, let’s take a moment to appreciate the remarkable strides the country has made in the automotive industry. It’s truly exciting to see the Indian auto industry blaze a trail with their innovative ideas that are not only bringing a significant transformation in transportation but also leaving a mark on the global front. From revolutionising electric mobility to embracing connectivity, India’s automotive inventions are at the forefront of new technologies in the automobile industry.
Electric Vehicle (EV) Revolution & Charging Infrastructure
One notable recent change is the electric vehicle (EV) revolution. India is committed to reducing its carbon emissions and reducing its dependence on fossil fuels by embracing electric mobility. With the launch of the National Electric Mobility Mission Plan (NEMMP), the country is actively promoting EV adoption through incentives and infrastructure. According to recent data, EV sales in India grew by 41% by April 2023. This growth is amplified further by rapid expansion of the charging infrastructure network, making EVs a viable and environmentally friendly option for Indians.
In the digital age, connected car solutions are redefining driving experiences. India is rapidly integrating smart technology into vehicles and turning them into connectivity hubs. From infotainment systems and real-time navigation to vehicle analytics, connected cars will become the norm. This transformation isn’t just about comfort – it also improves safety and performance. The connected car market in India is expected to reach USD 32.5 billion by 2025, at a compound annual growth rate (CAGR) of 22.2% during the forecast period.
Shared Mobility and Mobility-as-a-Service (MaaS)
Shared mobility and mobility as a service (MaaS) paradigms are changing how people view travel. With the rise of car sharing options and app-based services, India’s urban landscape is witnessing a shift from private car ownership to car sharing solutions. This trend not only reduces traffic congestion but also reduces the environmental footprint. As per the report, India is expected to be a leader in shared mobility by 2030. Morgan Stanley expects shared miles to reach 35% of all the miles travelled in India and this will further increase to 50% by 2040.
Tyre Pressure Monitoring System (TPMS)
In the pursuit of improved safety and performance, the adoption of advanced safety technologies is paramount. A tyre pressure monitoring system (TPMS) is a prime example. This new system continuously monitors vehicle tyre pressures, alerting drivers in real time if pressure drops below safe levels. India’s focus on road safety has seen many vehicles fitted with TPMS to help curb accidents caused by under-inflated tyres and improve fuel efficiency.
The autonomous car revolution is making waves across the globe, and India is actively participating in this revolution. While the fully autonomous car is still in the experimental stage, many Indian companies are developing autonomous technology, paving the way for a future where self-driving cars become a reality. This technology can reduce accidents and improve traffic management.
As India marks its 77th Independence Day, it’s evident that the country’s automotive industry is propelling it towards a promising future. Advanced technologies such as electric vehicles, connected vehicle solutions, ride sharing, TPMS, and autonomous vehicle tracking are redefining the automotive industry landscape. With these growing trends in the automobile industry, India is moving towards its commitment of building a sustainable, efficient and safe transportation ecosystem . As we look ahead, it is clear that these trends will continue to shape the automotive industry not only in India but globally.