
Market Size & Growth
-
Market ValuationThe India flex-fuel cars market is projected to reach approximately USD 855.77 billion by 2025. ​
-
Growth ProjectionThe market is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.2% from 2025 to 2032, reaching USD 2,304.21 billion by 2032
The India flex engine market is expected to witness a growth of robust CAGR in the forecast period Growing concerns about greenhouse emissions, supportive government policies, and an increase in the adoption of green vehicle technology are the primary factors driving the growth of the India flex engine market for the next five years.
Flex engines or flexible-fuel vehicles, or flex-flue vehicles, are the vehicles that run on alternate fuel, and the internal combustion engine in these vehicles can run on more than one fuel. Vehicles running on flex engine usually runs on gasoline blended with ethanol or methanol fuel or both, and both the fuels are stored in a single container. The blend is burnt in a combustion chamber to generate the necessary power for the vehicle.
Favorable Government Policies Drives the Market Growth
The road transport and highways union minister has announced to look forward to ordering soon, instructing the automobile industries to manufacture vehicles that have the capability to run on more than one fuel. With the expected announcement, the sale of flex engine vehicles will be able to witness massive demand from all over the country. The government is inclined towards the use of alternative fuels and biofuels to meet the deteriorating environmental situation. The government is striving to lower the cost burden from customers as biofuels and alternative energy fuels are cost-effective. Increasing anxieties about decreasing conventional energy supplies and price swings are favoring alternative fuel options. The government is promoting the development of infrastructural support and making alternate fuels available at present refueling locations in an attempt to make customers more convenient and comfortable. The launch of proposals for constructing an electric highway between Delhi and Jaipur is also boosting the market growth further.
Bioethanol includes rice, corn, sugar, and maize crops. The surplus output can be utilized in the creation of biofuels. The government is also offering a huge minimum support price (MSP) to farmers over international or commercial prices.
Rise in Awareness about Green Vehicle Technology Supports the Market Demand
As rising concerns over the environment's detrimental effect from toxic emissions and rapid climate change, vehicle manufacturers are also accelerating investment in research and development operations. Increased pressure from the country's chief regulators on the vehicle manufacturers to adopt green technology and production methods is most probably going to be a profitable avenue for the Indian flex engine industry. The cumulative vehicle manufacturing for the year 2020 in India was 3.39 million.
Initiating authorities will establish a chain of gas-refueling stations to facilitate the uptake of fuel-filled vehicles by consumers. Green vehicle technologies are being adopted by industry players and developing environment-friendly flex-fuel engines are driving consumers to adopt lower emission vehicles. Automotive manufacturers are investing in fuel efficiency improvement of a car on a sustained basis, which is expected to decrease the emissions in vehicles.
The surge in the initiative taken by the government and the market players towards the development and deployment of clean vehicle technology for automobiles, and the launch of green high-performance vehicles, is expected to facilitate the India flex engine market demand over the upcoming five years.
Market Segmentation

The India flex engine market is segmented into vehicle type, blend type, fuel type distribution, and company. Based on the vehicle type, the market is divided into two-wheeler, passenger cars, light commercial vehicle, medium & heavy commercial vehicle. Based on the blend type, the market is divided into E10 to E25, E25 to E85, Above E85, and others. Based on the fuel type, the market is divided into gasoline and diesel. The market is also studied on the basis of regional distribution and the regions are majorly divided into North, East, South, and West.
Market Segmentation
-
By Vehicle Type
-
By Blend Type
-
E10 to E25
-
E25 to E85
-
Above E85
-
Others​
-
By Fuel Type
-
By Region
-
North India
-
South India
-
East India
-
West India​
???? Key Industry Players
-
Maruti Suzuki
-
Tata Motors
-
Mahindra & Mahindra
-
Toyota Kirloskar Motor
-
Bosch India​
Market Players
Maruti Suzuki India Limited,
Tata Motors Limited,
Mahindra & Mahindra Limited,
Hyundai Motor Company,
Honda Motor Company, Ltd.,
Bajaj Auto Limited,
TVS Motor Company,
Hinduja Group (Ashoke Leyland),
Toyota Motor Corporation,
Ford Motor Company
Attribute
|
Details
|
Base Year
|
FY2021
|
Historic Data
|
FY2017 – FY2020
|
Estimated Year
|
FY2022
|
Forecast Period
|
FY2023 – FY2027
|
Quantitative Units
|
Revenue in USD Million, Volume in Units, and CAGR for FY2017-FY2021 and FY2022-FY2027
|
Report coverage
|
Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
|
Segments covered
|
· Vehicle Type
· Blend Type
· Fuel Type
|
Region scope
|
North, East, West, South
|
Key companies profiled
|
Maruti Suzuki India Limited, Tata Motors Limited, Mahindra & Mahindra Limited, Hyundai Motor Company, Honda Motor Company, Ltd., Bajaj Auto Limited, TVS Motor Company, Hinduja Group (Ashoke Leyland), Toyota Motor Corporation, and Ford Motor Company
|
Customization scope
|
10% free report customization with purchase. Addition or alteration to regional & segment scope.
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research needs. Explore purchase options
|
Delivery Format
|
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
|