The State of the Economy podcast discusses India's automobile industry with Hardeep Singh Brar, senior VP of Marketing & Sales at Kia India. The year 2024 was deemed average for the sector due to insufficient investments and market hurdles. However, Brar predicts a brighter outlook for 2025, projecting 5-10% growth facilitated by enhanced government funding and better weather conditions. The SUV market is thriving, contrasting the decline in hatchback and sedan sales. Despite the promising growth, the EV sector constitutes a mere 2% of the market, emphasizing the necessity of sustained subsidies and state policies to propel its expansion. Brar advocates for prioritizing EV development over alternative fuels like hydrogen-powered vehicles. The podcast highlights the importance of government incentives in driving sales and shaping the industry's future trajectory.