India Electric Passenger Cars Market A Rapid Growth Trajectory

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The India electric passenger cars market size was valued at approximately USD 348.20 million in 2024 and is poised for remarkable growth in the coming years. From 2025 to 2034, the market is projected to expand at a Compound Annual Growth Rate (CAGR) of 60.6%, reaching an estimated USD 24,747.69 million by 2034. This rapid expansion highlights the growing demand for sustainable transportation solutions and the increasing adoption of electric vehicles (EVs) in India.

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