Chart this decade’s production figures from the Society of Indian Automotive Manufacturers, and you will need plenty of space on the Y-axis. Total output has climbed from 2.03 million vehicles in 2011, to 2.53 in 2017, a 20 percent increase.
Absolute growth is not the only change coming to India’s transportation industry. Last August the government made waves when it announced its goal of an all-electric vehicle future for India by 2030. Will it come to pass? At this point, it is difficult to predict, but it is a safe bet that change will remain constant in the industry.
Where will the changes take India’s transportation industry, and how can advanced polymers help manufacturers react to change? Consider three trends in the global automotive industry.
Transition to electric vehicles: Whether all vehicles will transition to electric vehicles in the coming decades is debatable, but there will be many more electric vehicles sold in the coming years. “The advent of electric vehicles will create many new opportunities for polymers, in under-the-hood applications but also in vehicle interiors,” said Kelly Wessner, transportation-marketing director, Specialty Engineered Materials, at PolyOne.
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