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Indian Automobile Market: For the overall growth of the Indian automotive market it is essential to improve the rural economy. The auto OEMs have to respond quickly to the ever-changing needs of the market led by the young generation and acknowledge working women as an important market segment. India has the potential to be a global automotive manufacturing hub especially owing to its proximity to Africa, which is the next big market besides Asia and Europe. In addition to technological innovations such as EVs, connectivity, and autonomous driving, sustainable technologies that make efficient use of limited resources will also be important, Tsutsumu Otani, MD, President and CEO - Honda Motorcycle & Scooter India, told ETAuto in an exclusive interview. ....
The new vertical would harness the strength of over 100 associates across different functions to make the company a global hub for two-wheeler exports, HMSI said in a statement ....