India

Indian automotive industry has emerged as a global powerhouse

Press Release 3 December’ 2024

Hitesh Garg, Vice President and India Country Manager shared his views on the current EV landscape in India and how SDVs are the cornerstone for an electrified future.

“The Indian automotive industry has emerged as a global powerhouse, with 2024 showcasing remarkable progress in electric vehicle adoption, safety standards, and groundbreaking innovations like Software-Defined Vehicles (SDVs). India’s ascent as the world’s largest two-wheeler producer and the third-largest EV market underscores its leadership in sustainable and intelligent mobility solutions. This journey has been fueled by robust government incentives, expanding charging infrastructure, and a growing consumer shift towards green transportation.

As we look towards 2025, the potential for innovation and growth is immense. SDVs, which transform vehicles into intelligent systems that evolve throughout their lifecycle, are set to revolutionize the driving experience. India’s competitive edge lies in its dynamic talent pool, world-class manufacturing capabilities, and progressive regulatory framework, which collectively create a fertile ground for collaboration and innovation.

The road ahead is one of opportunity and responsibility. Indian OEM’s are coming out with best-in class, highly competitive and futuristic designs on new platforms that are fully designed in India. NXP, together with the key automotive players, is driving towards a smarter, greener, and more connected tomorrow.”

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