Indian auto sector eyes 2025 with cautious optimism
It's been a rollercoaster ride for the Indian auto industry in 2024. From facing the brunt of consumers deciding to postpone their buying decisions to feeling the heat of extreme weather conditions and its impact on rural demand to the drive towards a more eco-friendly car culture – 2024 is a year that the Indian automobile industry may want to forget soon. However, there were some silver linings as well. The SUV segment and electric vehicle space provided some relief.
It's been a rollercoaster ride for the Indian auto industry in 2024. From facing the brunt of consumers deciding to postpone their buying decisions to feeling the heat of extreme weather conditions and its impact on rural demand to the drive towards a more eco-friendly car culture – 2024 is a year that the Indian automobile industry may want to forget soon. However, there were some silver linings as well. The SUV segment and electric vehicle space provided some relief.
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The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
