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India’s used-car market is growing faster than any other major used-car market, and is on track to become the third largest globally by FY31, with 9-10 million projected retail transactions. Despite this, India’s used-to-new car ratio is still below the global benchmarks, indicating significant untapped potential. Why is this market different? What’s Driving the Next Phase of Growth: Six structural tailwinds, from an expanding vehicle parc and shortening replacement cycles to improving financing infrastructure and […]
Traditional Automotive Ecosystem
India • Apr 30, 2026







