Indian mobility market to grow 2x to surpass USD 600 bn by 2030: Google-BCG report

NEW DELHI: The Indian mobility industry is expected to double and surpass USD 600 billion by 2030, a report by Google and Boston Consulting Group said on Saturday.

According to the Think Mobility Report, emerging revenue pools such as electric, shared, and connected mobility are poised to contribute USD 100 billion to the total market by 2030 while a majority of the revenue will come from classic revenue pools comprising classic components, sale of new ICE (internal combustion engine) vehicles, finance and insurance etc.

“The Indian mobility industry is charting its unique course, poised to double and cross USD 600 billion by 2030,” the report said.

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