The Primus Partners Sector in Focus newsletter provides a ground up estimate of the size of the Automobile Industry in India, which in 2022-23 was found to be Rs 8.7 lac crore / $ 108 billion. While India is among the top 5 countries in automobile production, it is behind in the EV game. India is poised to catch up soon with substantial investments being made to develop the EV supply chain and ecosystem. Read More!