India’s Luxury Car Market May Double Its Share by 2030 as Premiumisation Gains Pace
EVs accounted for 21% of its 2025 India sales and 26% of its Q1 2026 sales, while the company reported more than 70% share of India’s luxury EV segment in the first quarter. This suggests that the future expansion of the luxury market in India may be increasingly tied to electrification, not just conventional premium sedans and SUVs.