Chart: India’s Auto Mega Trend

Source: Peter MorganĀ 

One reply on “Chart: India’s Auto Mega Trend”

Amazing! Thanks for sharing this.
Actually, this isn’t that big a deal, when you realize the CAGR of vehicle registrations is only 10.5% per year since 1988. Still, it means there are about 20 *times* more cars on Indian roads as compared to about 28 years ago.
Extrapolating into the future, this will mean about 1.7 billion registered cars by year 2035 in India. I cannot even begin to imagine the petrol bill we will have to incur or the environmental damage it will cause!
And then looking just a wee bit further, it will mean 6.8 billion registered cars by year 2049.
Can someone smell unsustainable?

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