In this episode of the Podcast State of the Economy of Businessline, the host Ronendra Singh, together with Som Kapoor, partner and leader for the future of mobility and retail trade in Ey India, for a conversation about the Indian mobility sector, is quickly evolving.
Somutins with a bold statement: “Mobility in India, according to the world for me, will change more in the next 5 years than has changed in the last 50”. Trends unreasonable behind this change: from the increase in alternative fuels and electrification to the way in which people rethink the ownership of the car.
Traditional possession models are replaced with more flexible approaches to lease, substescriptions and shared mobility. As Som explains, “there are a good number of people who may want to buy a car for use instead of buying a car for your property.”
The episode also explores why India is unlikely to trust a single fuel source. On the other hand, a mixture of electrical options, CNG, ethanol, hydrogen and hybrids will coexist to meet different needs and geographies. But the challenges remain, especially when it comes to infrastructure and user trust.
“If there were no challenges, we would only be at 2%, we would be in a much higher percentage anyway,” says Som, referring to the current absorption of electric vehicles.
From the growing influence of rural consumers to India’s potential as a global automotive exhibition, this episode paints a realistic image of where mobility is directed in India, and what it means for the way ahead.
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(Host: s ronendra singh, producer: Siddharth Mc)
About the state of the state of the economy
The economy of India has been acclaimed as a brilliant point in the middle of the general gloom that seems to have wrapped to the rest of the world. But several sectors continue to stutter even when others seem to shoot at all cylinders.
Posted on April 15, 2025