Automobile Stocks

The automobile sector in India is a significant contributor to the economy, encompassing manufacturers of passenger vehicles, commercial vehicles and two-wheelers. These stocks represent companies that design, produce and sell vehicles to consumers, across the different segments of the automobile industry. These stocks are expected to benefit from rising vehicle demand, technological innovations and government policies that promote electric vehicles (EVs). The focus of the government on infrastructure upgradation, like EV charging stations, roads and flyovers, also aids the growth of automotive companies. With the shift toward sustainable mobility, these companies are increasingly focusing on electric vehicles that offer immense growth potential.