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VIDEO: India’s Regulations Put Us on Par with the World - Shailesh Chandra
Shailesh Chandra discusses India's automotive expansion, emphasizes global market strategies, and predicts significant electric vehicle penetration amid falling costs and rising regulatory compliance requirements.
By Hormazd Sorabjee
8382 Views
In this exclusive conversation, Shailesh Chandra, President of SIAM and MD of Tata Motors Passenger Vehicles and Electric Vehicles shares his views on India’s automotive growth story, global aspirations, and the EV revolution.
He explains why every company must go global to hedge risks, highlights South Africa as a key market, and notes how India’s regulations are putting the industry on par with the world. Chandra emphasizes that strong products need strong brands, with India set to be the fastest-growing auto market, clocking 6–8% growth.
He underlines that competing in India is like competing globally and that building global brands also strengthens one’s play at home. On the EV front, he points to strong government support, constant EV growth this year, and the critical question of EV versus ICE price parity.
With ICE costs rising due to regulations and EV costs falling fast, Chandra expects 15–20% EV penetration by 2030, marking a decisive shift in the future of mobility.
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