Back

Aarihant Aaryan

Prev- Founder & CEO ... • 1y

The most-selling cars in India are no longer cars like Swift or Honda but SUVs how did the SUV category, that's 2 times more expensive than other categories gain market share? As of today, the SUV category holds 50% of the 4-wheeler market, It's market share doubled in the last 5 years See categories like sedan, hatchback are crafted for middle-class India, who don't commute much or have any aspirational desires But the SUV category was always positioned as a premium category, that would not just help consumers to signal their status but also fit in the needs of the growing urban class in India Adding to that craze for SUVs expanded as the waiting time is more than 10 months, it's because of the shortage of semiconductors which is giving them a hard time scaling production and matching the demand.

1 replies10 likes
1
Replies (1)

More like this

Recommendations from Medial

Anonymous

🕉️ 🇮🇳 India Created world record by making World's biggest traffic jam of 300Km in mahakumbh 🚀 😨 300KM Long just because rich Indian class of India decided to went mahakumbh with suv cars and vehicles

0 replies5 likes

Mahendra Lochhab

Content creator • 4m

Another car company entered India: Vietnamese car brand VinFast has officially entered India. VinFast will assemble cars in Thoothukudi, Tamilnadu. Initially, the company will launch its 2 mid size SUV EV model VF 7 and VF 6 in the second half of 20

See More
0 replies3 likes

Kanhaiya Bharti

Learning Sales || Gr... • 11m

POV: Success is a Product. The market size of SUCCESS has increased significantly in the last decade, thanks to internet and the apps. New players have emerged in this market. Category creation has happened very much as well. New category of succe

See More
0 replies9 likes
Anonymous

German luxury carmaker Mercedes-Benz said it is ready to invest the mandated $500 million in its Indian business. However, the carmaker has made one condition before making this investment. The company said it will only invest the mandated amount

See More
0 replies8 likes
Image Description
Image Description

Pavan Manikanta Srinivasa Rao Navara

Think about feature • 1y

Mr. Ratan Tata started the Nano for the middle class to reduce bike accidents and provide comfortable travel at a reasonable price. Unfortunately, this vision wasn't widely understood. However, now MG's Comet has become one of the best-selling cars i

See More
16 replies41 likes
3
Anonymous
Image Description
Image Description

🍛The market size of 🍲🥗 Puri sabji in India is 1200 Hundreds crores with the CAGR of 5% . Puri sabji is one of the Oldest dish in India also that's one of the most popular food around lower middle class and middle class People's . 🤔 Do you think

See More
7 replies8 likes
1

Chamarti Sreekar

Passionate about Pos... • 14d

Globally India has one of the lowest number of registered cars, but highest number of 2-Wheeler per 1,000 people.. As of 2022, India roads have more than 260 Million 2-Wheeler and more than 50 Million cars. Relative to the India’s population, there

See More
0 replies22 likes
2

Mahendra Lochhab

Content creator • 2d

In 2023, India was the 24th largest exporter of cars globally, exporting $7.85 billion worth.

0 replies2 likes
Image Description
Image Description

Aman Verma

BIT'Mesra Undergrad|... • 10m

Who are actually middle class of India ? I am really confused to get the ideal answer of it. Because in village there is only a class that is caste... Most of the rich (as per village standard having acres of land, home, Cars, and non tax incom

See More
51 replies27 likes
8

EVINDIA

Stay updated with th... • 12d

Nissan Micra EV: A Stylish Electric Hatchback for the New Generation Nissan is set to reimagine its iconic Micra as a fully electric hatchback, designed for the next-gen urban driver. Built on the CMF-B EV platform, the Micra EV will combine afforda

See More
0 replies3 likes

Download the medial app to read full posts, comements and news.