Car industry to hit 6.3 million units by FY31, with small cars growing faster: Maruti Suzuki Chairman RC Bhargava

India's automotive sector is projected to reach 6.3 million units by FY31. This growth is expected to be driven significantly by the small car segment, outpacing larger vehicle categories. Industry leaders are calling for accelerated government reforms to facilitate business operations.
Key takeaways
- Automotive industry targets 6.3 million units by FY31.
- Small car segment poised for rapid market share increase.
- Calls for faster government business reforms persist.
- AI tools will support expanding automotive operations.
Why it matters
This expansion signals increased demand for AI-powered logistics and supply chain management tools within the automotive industry. Businesses will likely leverage AI for optimizing production, inventory, and distribution networks to meet this projected surge in vehicle sales.


