This Year Has Been Bad Year for Auto Industry, Says Maruti Suzuki India Chairman

The transcript discusses the challenges faced by the automobile industry due to a cyclical slowdown exacerbated by regulatory and tax changes. It highlights the impact of recent tax cuts on consumer sentiment and potential sales recovery. Maruti Suzuki's strategies, including promotions and new model launches, are explored. The discussion also covers the limited growth of the electric vehicle market in India, emphasizing the need for government incentives to boost adoption.

What is the current state of the electric vehicle market in India according to the text?

What are the reasons for the limited adoption of electric vehicles in India?

How does the speaker suggest the government should approach subsidies for electric vehicles?