Puneet Gupta, Associate Director, Indian Automotive Market, S&P Global Mobility

The year 2023 started with a bang and the Indian car industry was able to carry forward the growth momentum in Q1 2023. In the webinar, we will do a deep dive if India will continue to pedal and accelerate its growth in the second half of the year or global crisis will soften the growth and impact the market. We will see how the mobility Industry is expected to reshape in the future. How the car manufacturers are reorienting and reinventing themself in NEW India. Undoubtedly, Growing urbanization, rising aspirations and income of consumers, and regulations are making OEMS stretch to adapt to new challenges and the industry is on the cusp of major transformation. To move one billion people by cleaner, greener, and safer means is going to redefine our industry and we will see how the OEMs may thrive this transition from ICE to new energy vehicles.

Gaurav Vangaal, Associate Director, Light Vehicle Production Forecast, Indian Subcontinent, S&P Global Mobility

In this live conference session, the production forecasting expert will talk about important production measures such as production output, new capacity investments, new business prospects for auto suppliers and upcoming vehicles under development phase while also assessing macroeconomic factors such as GDP, inflation, and interest rates and their effects on demand. The event will also focus on both the short- and long-term outlooks and include insights on major carmakers like Maruti Suzuki and Hyundai-Kia.

The audience will have the chance to ask questions and interact with the expert directly during the Q&A that follows the presentation. Join this live conference to learn insightful details and a thorough understanding of the production outlook for India until 2030.

Vivek Sharma, Principal Research Analyst, Powertrain Forecast, S&P Global Mobility

The global mobility sector is going through an epochal shift, and the Indian automotive industry is no exception. The industry is currently in a dynamic phase, facing the challenge of stricter emission regulations, such as BS6, RDE, and CAFE 2, which demand upgrades in internal combustion engine (ICE) technology. At the same time, the growing traction of battery electric vehicles (BEVs) cannot be ignored.

So, OEMs are having to allot investments into the ICE upgrade but at the same time channelize efforts towards electrification as well. This is going to be a balancing game amidst the new competitive landscape that is shaping up. In this session, we'll attempt to uncover how the 'conventional' powertrain development is shaping up throughout the decade and how quickly BEVs may emerge.

Manat Bali, Research Analyst, S&P Global Mobility
Subhankar Mengi, Research Analyst, S&P Global Mobility
Tabish Md Jahn, Research Analyst, S&P Global Mobility

The Indian MHCV industry is the second largest manufacturer of trucks and buses in the world. The heavy vehicle production is expected to grow as the Indian government overhauls the country's transportation system and continues to expand the road infrastructure to the far corners. Also, with the robust industrial GDP growth and aligned future projections, the Medium & Heavy Commercial vehicle industry has many tailwinds to prosper during the forecast period. As one of the fastest growing economies in the world combined with an abundant skilled workforce, India is being preferred as an ideal export hub by global as well as domestic players in the region. Apart from this, India is transitioning towards alternative fuels such as Natural Gas, Electricity, and Hydrogen from conventional Diesel. The primary reasons behind this shift are ESG pressure, India's crude independence ambitions, favorable state policies, subsidies, and regulatory benefits (FAME). In this presentation, S&P Global analysts will outline the latest trends, and technological disruptions, discuss key drivers, and assess the development in the MHCV space during the short-term and the long-term.

Moderator: Puneet Gupta, Associate Director, Indian Automotive Market, S&P Global Mobility

Pawan Kumar Sahu (EE Architecture), Research Analyst, S&P Global Mobility
Aman Madhok (Autonomy), Research Analyst, S&P Global Mobility

"E/E Architecture for Software Defined Vehicle".
The migration to more centralized vehicle architectures has started and will accelerate from 2025 Globally. The automotive industry generally agrees on the need to evolve from distributed to centralized architectures to pave the way for the development of Software Defined Vehicles. The software-defined vehicle architecture is poised to bring a transformative shift in the automotive industry by bringing new business models such as paid updates and OTA. As the adoption of Zonal architecture will significantly grow from 2025 in the global market, Indian OEMs start to migrate from distributed ECU E/E architecture to Domain Controller-based architecture. Domain controller-based architectures are projected to become the majority by 2026 and are expected to continue dominating in the future.

"ADAS and Automated Driving Growth in India and Globally"
Global developments in ADAS and automated driving are impacting the market in India. As ADAS and automated driving becomes mainstream globally, automakers are aggressively deploying ADAS, as well as new automated driving features in cars. The Indian market is at the cusp of a big leap, due to several market drivers but also faces some headwinds.

Peeyush Garg (Propulsion), Research Analyst, S&P Global Mobility
Deya Das (Battery), Research Analyst, S&P Global Mobility

Propulsion Technology of the Future
The future of propulsion technology is poised for a transformative shift, centering around electric motors, their diverse types, the intricate supply chain, and the utilization of critical materials, along with the promising advancements in fuel cell technology. As the demand for electric vehicles rises, manufacturers are strategically managing their supply chains to secure critical components and materials essential for future high-performance motors. Concurrently, fuel cell technology, particularly hydrogen-powered cells, offers zero-emission solutions with extended driving ranges. This convergence of electric motors, supply chains, raw materials, and fuel cell technology paves the way for a cleaner and more sustainable future for propulsion systems.

EV battery Outlook: diversifying the supply chain
As the EV market is growing and the energy demands in EVs are increasing, battery cell volume demand is expected to increase rapidly. The light vehicle supply chain is heavily dependent on Asia, especially in Greater China. In the long run, the supply chain is expected to diversify to US and EU regions as well. India, as a country, is forecasted to be the 4th largest EV market in 2034, it is important to have both domestic EV and battery supply chains. The government of India has taken various measures to develop the EV ecosystem in the country. The current and upcoming EV market trends as well as the recent developments regarding cell manufacturing in India will be discussed in the presentation.