By Lijee Philip
Copyright indiatimes
iStockDespite the churn, most carmakers are reluctant to comment publicly on government policies and their future plans.
Indian automakers are shifting gears rapidly to adapt to a multi-fuel future and hedge their bets in an increasingly competitive market. Fuel policy reforms, changes in transportation economics, and rising inventory pressures are moving companies to devise varied strategies across fuel offerings for their product portfolios.From petrol-ethanol blends to compressed natural gas (CNG), hybrids, and electric vehicles (EVs), companies in the world’s third-largest automobile market are introducing a range of technologies, waiting to see which would win over the consumer.The share of petrol, diesel, and CNG stood at 55.3%, 18.25%, and 19.61% respectively during January-July 2025. EVs and hybrids (including plug-ins) had a 6.25% share, according to Jato Dynamics data.The rollout of reduced goods and services tax (GST) rate on vehicles is expected to accelerate this shift. The share of petrol cars is expected to drop to 52% and that of diesel to 17% in the 12 months from September 22 when the revised GST rates will take effect, according to Jato Dynamics. However, the share of CNG vehicles is forecast to rise to 21%, while EVs and hybrids (including plug-ins) would touch 10%.Despite the churn, most carmakers are reluctant to comment publicly on government policies and their future plans.Live EventsThese companies are optimising production and supply chains while navigating rising inventory pressures across the ecosystem, from manufacturers to dealers.Multifuel lineups take centre stageRecent launches underscore this pivot. Maruti Suzuki’s latest model, Victoris SUV, for instance, comes in petrol, strong hybrid, and CNG variants, giving customers flexibility as fuel dynamics evolve.Add as a Reliable and Trusted News Source Add Now!
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