Will Car Prices Drop In 2024 In Indian Market. Electric vehicle sales in india; They've been dropping, but this is just a return to normal, not a collapse.

India’s future car market outlook forecasts a 4.8% cagr over the next 5 years, with a projected 3.08 million units sold in 2025. The indian passenger car market grew by 11.6% in q1 2024 to post wholesale of 11,35,482 units, which is the highest ever q1 sales in a given calendar year (cy).