India's PV sector to see ₹3.5 lakh crore capex
pre-market1 source ↓written by the desknot a recommendation
- from FY26
- ₹3.2-₹3.5 lakh crore
- of investments focused
- 60-70%
India's passenger vehicle (PV) industry is set for a capital expenditure of ₹3.2-₹3.5 lakh crore from FY26 to FY30, driven by the EV transition and export growth. Automakers are investing heavily in flexible manufacturing lines, with 60-70% of investments focused on EV platforms and battery technology. This investment cycle may pressure near-term returns due to gradual EV adoption.
Not investment advice. For informational purposes only.