CEO's Take On 2024: Teeming consumer market to make India hot spot of auto investment and hub of consumption, says Jyoti Malhotra, MD, Volvo Car India

“With the high rate of GDP growth and the widespread economic development across the country through digitisation, the growth of the evolved Indian consumer will continue in 2024. Continuation of growth-friendly policies will have a positive impact on 2024. I definitely see a good growth in the e-charging infrastructure and this will further spur the adoption of EVs. By 2030 India is scheduled to be a hot destination for investment in the automotive sector as well as an important hub for consumption,” Jyoti Malhotra, Managing Director, Volvo Car India told ET Auto.

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