India's auto sector is a key driver of the country's economy, contributing significantly to GDP, manufacturing output, job creation, and exports. The sector, ranking third globally in sales and fourth in production, highlights India's position as a global manufacturing and innovation hub. Government initiatives like the Production Linked Incentive (PLI) Scheme and FAME-II are fostering investment in new-age automotive technologies such as electric vehicles (EVs) and hydrogen vehicles. These policies aim to reduce import dependence, strengthen domestic manufacturing, and integrate India into global value chains. Challenges like import reliance on critical EV components from China underscore the importance of building self-reliant supply chains and enhancing domestic manufacturing capabilities. Stakeholders stress the need for policy consistency, infrastructure development, and uniform frameworks to accelerate the adoption of EVs across the country. While the road to full electrification faces hurdles like supply chain disruptions, the industry remains optimistic about India's potential as a leader in the global auto market.