Suzuki expects India's automobile market to grow fivefold by 2047

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China is the world’s largest automobile market with 26 million passenger vehicle sales, according to the International Organization of Motor Vehicle Manufacturers.

India’s car market is on track to reach 20 million units by 2047, helped by promising growth in battery electric vehicles, Suzuki Motor Corp.

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Article Details

Category: BusinessFinance

Markets: IndiaChinaJapan

Topics: Maruti Suzuki sales Maruti XL6 Maruti Ertiga Automobile industry Automobile industry Indian car market Suzuki

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-22 @ 09:08:14 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21719500

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 178 posts per day

Year Established: 1975

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News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

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Publisher ID: #49

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