India is expected to be the world's third-largest automotive market in terms of volume by 2026. Despite the ongoing pandemic, the Indian automobile industry has shown immense resilience and is facing the challenges posed by the pandemic head-on. The government is also taking adequate initiatives to boost the auto industry by offering product-linked incentives, scrappage policy etc. Like every other industry, the automotive sector is also rapidly integrating technologies in the coming future. The automobile sector has seen a drastic change over the past few years with electrified, autonomous, shared, and connected cars. Technological advancement has changed our perspective of visualizing things. The transformation of the automotive sector will be driven largely by the youngsters and technically savvy generations. They would play an important role in driving the transformation of the automotive industry. Electric vehicles, autonomous/ driverless cars, connected cars and car sharing are some of the trends that we might witness in the coming five years.

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