Why India lacks greater variety in car brands and models | Deep Drive Podcast | Autocar India

India witnessed record car sales in FY24 but while sales are touching new highs, the number of carmakers and models is declining.  Hormazd Sorabjee - Editor, Autocar India - and Sergius Barretto - Managing Editor, Autocar India - discuss the reasons in this episode of the Autocar Deep Drive Podcast powered by Kotak Mahindra Prime.  

Chapters

• 0:00 Introduction
• 1:55 Choice in India vs markets abroad
• 5:14 Sedans choice shrinking
• 7:05 Budget hatchbacks
• 7:20 Why don't we have more brands?
• 10:30 Impact of new regulations
• 21:55 Carmakers that left India
• 23:30 EVs will increase choice
• 26:00 Why buyers and carmakers love SUVs
• 27:00 No estates in India
• 28:40 Hot hatches
• 29:12 Cross hatchbacks
• 30:00 Chinese carmakers will bring choice
• 31:20 The heyday of choice is gone
• 33:58 MPV segment
• 35:11 Carmakers don't have an appetite for risk
• 36:37 The brands we'd love to see