At a time when pollution concerns are increasing, hybridisation and electrification will be trends that will grow with time. Even though there are hurdles such as high production costs, dependence on China for raw materials, lack of infrastructure, poor technical know-how in power electronics,etc.

The second half of 2018, the automotive industry witnessed abruption of demand due to factors like high fuel prices, exchange rates, markets volatility and reduction of available finances.

With the automotive sales zooming, the aftermarket sector is witnessing a boom. The Indian automotive aftermarket , which has grown at a compounded annual growth rate (CAGR) of 14 per cent in the last five years, is estimated to grow at Rs 75,000 crore by the fiscal year 2020, stated a CII report.

The company sold 15,538 units between January and December 2018; crossing thew 15,000 mark for the second consecutive year.

Jaguar Land Rover sold 4,596 units and the growth was largely driven by Discovery Sport, Range Rover Evoque, Jaguar F-Pace, Jaguar XE and Jaguar XF.

The company is confident of capturing a larger pie of the domestic market in 2019 by building on the already strong foundation it has laid in 2018.

SUVs are assuming a new meaning in India. The passenger vehicle segment of SUVs grew by 30 per cent in FY2016-17.

OEMs are working on manufacturing vehicles that are light in weight, thus consuming less fuel. For example, a 10 per cent reduction in weight can result in 6-8 per cent fuel economy improvement.

There is a nationwide upscale in emission norms while the industry gradually moves from BS-4 to BS-6 by April 2020.