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TM$182-1.83%GM$48.41-1.62%F$12.13-0.16%TSLA$177+1.42%BYDDY$63.24-1.72%RIVN$11.17-2.09%NIO$5.06-1.05%STLA$21.55-0.28%TM$182-1.83%GM$48.41-1.62%F$12.13-0.16%TSLA$177+1.42%BYDDY$63.24-1.72%RIVN$11.17-2.09%NIO$5.06-1.05%STLA$21.55-0.28%
Market & Tech Reports2023-12-28Clean view

Indian OEMs Investment and Future Plans (1)

Major Indian OEMs invest in the transition towards e-mobility

Summary

Indian passenger car market witnessed tremendous growth in the last two years. The recent investment and new product announcements indicate that the Indian market is now ready for the next era of e-mobility and bigger cars. Ease of supply chain, positive sentiments, pent-up demands, the shift towards big cars, etc are major factors to drive sales in India.

This report is an extension of the previous update about the Indian passenger car market and covers major announcements of partnerships, new models, acquisitions, e-mobility investment, and capacity expansion plans of major OEMs in India.

Related reports:
Indian passenger car sales rank third globally in 2022 (Sep. 2023)
EV Charging Technology and Infrastructure Development in India (Jul. 2023)
The Maturity of the Electric Car Market - A Global Comparison (Mar. 2023)
Indian Auto Expo 2023 (2): Electric two-wheeler start-ups (Mar. 2023)
Indian Auto Expo 2023 (1): EVs and Passenger Vehicles (Feb. 2023)
Suzuki: Expanding Capacity in India to 2.6 M units, Production of BEVs from 2025 (Jan. 2023)
Indian Market Transitioning Towards Electric Mobility (Jul. 2022)

Local Reconstruction Note

This article has been expanded from the visible local mirror text, headings, tags, image captions, tables, and related local article titles. It is presented as a reconstructed reading version, not as a hidden original document.

OEMs positive sales growth

The source outline identifies this section as part of “Indian OEMs Investment and Future Plans (1)”. Based on the available local metadata, this section should be read through the lens of Asia, Technology Show, Sales Forecast, India, EV, Vehicles & OEMs and the visible introduction, figures, captions, and tables.

Maruti Suzuki India

The source outline identifies this section as part of “Indian OEMs Investment and Future Plans (1)”. Based on the available local metadata, this section should be read through the lens of Asia, Technology Show, Sales Forecast, India, EV, Vehicles & OEMs and the visible introduction, figures, captions, and tables.

Hyundai Motor India

The source outline identifies this section as part of “Indian OEMs Investment and Future Plans (1)”. Based on the available local metadata, this section should be read through the lens of Asia, Technology Show, Sales Forecast, India, EV, Vehicles & OEMs and the visible introduction, figures, captions, and tables.

Kia India

The source outline identifies this section as part of “Indian OEMs Investment and Future Plans (1)”. Based on the available local metadata, this section should be read through the lens of Asia, Technology Show, Sales Forecast, India, EV, Vehicles & OEMs and the visible introduction, figures, captions, and tables.

Tata Motors

The source outline identifies this section as part of “Indian OEMs Investment and Future Plans (1)”. Based on the available local metadata, this section should be read through the lens of Asia, Technology Show, Sales Forecast, India, EV, Vehicles & OEMs and the visible introduction, figures, captions, and tables.

Related Local Signals

Nearby records in the local archive include Taipei AMPA 2026: Foxconn’s EV Technology; Smart Energy Week 2026: Batteries and Charging; Electrified Vehicle (xEV) Sales Monthly Report (March 2026); Geely i-HEV Intelligent Hybrid Technology Presentation. These titles can be used as adjacent evidence when comparing suppliers, technologies, markets, and reporting periods.