The Evolution of India’s Sub-4 Meter SUV Market: Upcoming Launches and Strategic Shifts
Major automotive manufacturers including Maruti Suzuki, Hyundai, Kia, Mahindra, and Tata are preparing to launch a new wave of sub-4-meter SUVs in India throughout 2024 and 2025. This strategic push aims to capture the rapidly growing demand for compact utility vehicles that capitalize on India’s unique tax structure, which offers lower excise duties for vehicles…