The Indian automobile market has developed in response to shifting consumer tastes and technological advancements. Previously, automobiles were designed with comfort and fuel economy in mind, as well as driving enjoyment. Cars will be more feature-rich in 2024, and tougher pollution standards will reduce driving enjoyment while increasing fuel economy.
Indian automakers began selling their automobiles in a variety of different niches. These sectors have developed throughout time, with some fantastic automobiles entering the market and some exiting. However, inflation has had an impact on vehicle pricing, making it difficult for buyers to find a suitable automobile on a tight budget.
The budget under Rs 15 lakh covers a wide range of automobiles in many sectors. This budget allows up a wide range of powertrain options, including petrol engines and electric vehicles.