Automotive + OEM Manufacturing & Strategy Consulting Firms in India
The Indian automotive industry is poised to rank #3 globally by 2030. The Indian automotive OEM and component industry is one of the largest and fastest-growing industries in the world. In 2022, the industry was estimated to be worth over USD 100 billion, and it is expected to grow to over USD 200 billion by 2030.
Trends Shaping the Indian Automotive Industry
Electrification : The electrification of the automotive industry is one of the key trends that is expected to shape the Indian automotive industry in the coming years. The Indian government is committed to promoting the adoption of electric vehicles, and it has introduced a number of initiatives to support the growth of the electric vehicle segment.
Connected and autonomous vehicles : Connected and autonomous vehicles (CAVs) are another key trend that is expected to shape the Indian automotive industry in the coming years. CAVs are expected to revolutionize the way we travel, and India is well-positioned to be a leader in the development and adoption of CAVs.
Lightweight materials : The use of lightweight materials in the automotive industry is another key trend that is expected to shape the Indian Automotive industry in the coming years. Lightweight materials help to improve the fuel efficiency and performance of vehicles, and they are also more sustainable.
How Tecnova (Automotive Consulting Firms) helps Global Automotive Companies
Tecnova is a leading automotive + OEM manufacturing & strategy consulting firms in India that helps foreign companies to establish business in India. We have a deep understanding of the Indian automotive OEM and components industry and we can help you to navigate the complex regulatory environment and develop a successful market entry strategy.
We have a team of experienced consultants who have helped a number of foreign companies to successfully establish business in the Indian automotive OEM and component industry.
Identify the right market
opportunities for your products
and services.
Develop a go-to-market strategy
that aligns with your business
goals.
Find the right partners to help you succeed in the Indian market.
Comply with regulations and
execute your market entry strategy
for success.
Assisting Global Automotive Brands in Entering the Indian Market
Tecnova helped a European world leader in auto safety equipment to expand in India by setting up a local sales and distribution network.
Tecnova helped a world leader in trailer couplings that wanted to set up a base near its key customer in India.
Tecnova helped to redevelop the Strategy for a European sports car manufacturer present in India and losing market share to competition.
Tecnova helped an Italian auto-ancillary manufacturer who was looking to acquire its joint venture partner.
Tecnova helped in designing the India entry strategy for an iconic motorcycle brand.
Tecnova’s success in helping foreign companies establish business in India is a testament to their expertise in the Indian market and their commitment to providing their clients with the best possible service.