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  Accelerating Ahead: India’s Two-Wheeler Market Is Now Primed To Go Premium India’s two-wheeler market is no longer just big in volume terms; it’s a high-octane pursuit of premium perfection. With a staggering 18 million units sold in 2022, the country claims the crown as the world’s largest two-wheeler market. But that’s not all – the engine of potential is still roaring, hinting at even greater heights. Accelerating Ahead: India’s Two-Wheeler Market Is Now Primed To Go Premium | The Financial Express

  India’s two-wheeler market is witnessing a paradigm shift, leaving behind its conventional roots to embrace the allure of premium perfection. With a staggering 18 million units sold in 2022, India boasts the world’s largest two-wheeler market. However, the journey doesn’t end here, as the industry is gearing up for even greater heights. Read more here: Unleashing the power: India’s two-wheeler market roars into premium era (indiatimes.com)

The electric vehicle (EV) market in India has witnessed significant growth. Valued at USD 1.45 billion in 2021, the market size is anticipated to touch USD 113.99 billion by 2029 from USD 3.21 billion in 2022, at a CAGR of a whopping 66.52%. The numbers are as per a report by Fortune Business Insights, titled “India electric vehicle Market, 2022-2029.” Much of this growth can be attributed to factors such as government support, heightened environmental awareness, and technological advancements. Tax breaks, subsidies, and investment in charging infrastructure have been among the initiatives aimed at promoting the adoption of EVs. Increased environmental awareness among the populace has also contributed significantly, with people seeking more sustainable and eco-friendly alternatives to traditional fossil fuel-powered vehicles. Additionally, advancements in battery technology and the emergence of convenient charging options have bolstered the appeal of EVs.   Read more details here:...