The Indian mobility industry is charting its unique course, poised to double and cross $600Bn by 2030, according to the Think Mobility Report by Google and Boston Consulting Group (BCG). Unveiled at the Bharat Mobility Global Expo 2025, the report reveals that growth in the sector will be driven by both traditional and emerging revenue pools, marking a departure from global trends. Notably, emerging revenue pools such as electric, shared, and connected mobility are poised to contribute a staggering $100B, signaling a strong push toward cleaner, sustainable mobility.
The report highlights the need for industry players to recognize the unique and rapidly evolving preferences of India’s diverse mobility consumer cohorts. By emphasizing the growing role of digital models in reshaping engagement, it serves as a thought-starter for stakeholders to unlock the immense potential of India’s mobility sector.
Natarajan Sankar, Managing Director and Partner at BCG, emphasized the importance of harnessing global advancements. “Already the third-largest automobile industry, India is on the cusp of transformative change over the next few years. Effectively harnessing global innovations in EVs, digital, and AI is more critical than ever for OEMs. To succeed, they must align their offerings with the distinct demands of Indian consumers.”
Bhaskar Ramesh, Director – Omni-Channel Businesses, Google India, said, “The industry is undergoing a major transformation, reimagining the entire ecosystem. With new ways to drive profits and shifting customer preferences—led by Gen Z and women—digital purchase journeys are outpacing traditional ones, driven by the growing demand for personalization. From pre-purchase to in-vehicle experiences and after-sales services, we see immense potential for AI to deliver meaningful experiences and create real value for consumers. We’re excited to collaborate with the industry to drive innovation and growth in this space.”
Vikram Janakiraman, Managing Director and Senior Partner at BCG highlighted the significance of the pace of change in consumer needs. “EVs are moving rapidly to mainstream consumer consideration across both E2W and E4Ws. Addressing these emerging value pools will be both imperative for incumbents and incredibly valuable for successful players. However, the needs of the Indian consumer are not just different but also likely to rapidly evolve as they are exposed to increasing choice. Successful players will need to study and frequently adapt their product, solutions and experiences to suit these unique needs; Integrating Digital, Tech and AI will be critical to doing that.”