The automobile industry is by far the largest transport sector in the world, powering transport for billions of people every single day. From the industry’s market size at $2.75 trillion in 2020, it’s expected to grow to a massive $3.8 trillion by 2030. In India alone, the automotive market is worth $118 billion. The Indian automobile market is rather unique, with two-wheelers accounting for 80% of the market, with only 13% comprising passenger cars. Analysts believe that by 2026, the Indian market is expected to reach $300 billion.
The evolution of motor vehicles is not only a display of how far our engineering capabilities have come, but a testament to the very human instinct to stay connected and on the move.
Aarna Law has built a considerable legal presence in this industry. We have served as legal counsel for several large multinational corporations in the automotive space, extending our legal expertise in matters ranging from drafting agreements, advising them on technical legal queries to representing them before several forums.
Some specific work we have undertaken is listed hereunder-