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.
Some specific work our automotive lawyers have undertaken is listed hereunder-