S&P Global Mobility India forecast: Infrastructure hurdles, regional diversity stifle big growth potential

While the industry is poised to continue this growth trend in the future, it will be challenged by infrastructure hurdles, particularly within cities. In a heterogenous market like India there will always be diversity in consumer needs – especially depending on the region of the country. Consumer adoption and penetration of technologies like ICE, BEV, hydrogen, flex fuel, biofuel, and natural gas each could have specific regional presences based on local infrastructure and grids.

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