TheVice President of SIAM and Managing Director and CEO of Ashok Leyland noted that from depending on global technology, India can become a hub for designing and manufacturing commercial vehicles. The year 2047 may seem far away, but for the commercial vehicle industry, that future is already taking shape—in labs, on shop floors and in […]
Market Outlook
Indian CV Industry volumes set to hit record high; growth to moderate at 5–6% this fiscal
GST-led recovery sustains momentum; West Asia crisis may impact exports and margins India’s commercial vehicle (CV) industry is expected to reach a record volume of approximately 12.4 lakh units in fiscal 2027, surpassing the previous peak seen in fiscal 2019. This follows a strong rebound of 13% in fiscal 2026. However, on a higher base, […]
Dashcams Get Smarter as Safety, Data and Fleets Drive the Next Growth Wave
According to MarketsandMarkets, the dashcam market is projected to grow from $ 4.40 billion in 2026 to $ 6.55 billion by 2033, at a CAGR of 5.8%. The small camera on your windshield is no longer just a silent witness. It is fast becoming a thinking, connected safety companion—one that is quietly reshaping how drivers, […]
EV Adoption in India Hits 8.5% in FY2025–26 Amid 24% Growth
India’s electric vehicle (EV) market delivered another strong year in FY2025–26, with total registrations surpassing 25 lakh units – a 24% year-on-year increase. EV penetration reached approximately 8.5% of total registrations, up from 7.7% in the previous financial year. While this reflects a steady strengthening of EV adoption, the market still remains short of the […]
Automotive Lighting Enters Smart Era as Market Heads Towards $79 Billion Mark
As vehicles become more connected, autonomous and electrified, lighting will evolve into an intelligent, interactive system—playing a much bigger role than ever imagined in shaping the future of mobility. The automotive lighting market is quietly undergoing a transformation, moving far beyond its traditional role of simply illuminating the road. Today, lighting is becoming a key […]
Luxury Car Market Set to Double by 2036, Signalling a New Era of Transformation
Nearly $26 billion in new opportunity is emerging, fuelled by innovation in products, technology and customer engagement. The global luxury car market is entering a new phase—one where tradition is no longer enough. For decades, luxury cars were defined by brand legacy, craftsmanship and performance. But today, that definition is evolving. Technology, electrification and changing […]
E-Mobility Push to Drive BMS Market to $24.9 Bn by 2033
With larger batteries and faster charging becoming common, the need for advanced monitoring and control – Battery Management System – has become even more critical. The electric vehicle story is often told through sleek designs, longer driving ranges and faster charging times. But behind all of this, there is a silent system working every second […]








