Indians are one step away from buying cars online

Since people are doing their due-diligence before buying a car, they are also more loyal consumers. According to the report, since consumers are more certain about their choice, instance of them switching between brands has declines by 4% over the last two years from 11% in 2016 to 7% in 2018.

Here’s why India is poised to be the next online market for cars

India’s already the 4th largest auto industry in the world, according to the India Brand Equity Foundation. Most of the demand for cars is coming from the rising middle class and the young population of India.

These are also the people who are a part of India’s massive growth in online users.

So brands are beginning to pivot their strategies to cater to prospective buyers. Automobile manufacturers are increasing their online presence in order to be a part of the consumers online journey.


It doesn’t matter whether its the automobile industry or not, the number of Indian users online as increased dramatically since Jio started offering cheap access to internet and affordable phones. Last year Rajan Anandan, the vice president for India and South East Asia at Google, disclosed that India is adding nearly 10 million daily active internet users every month.

He added that video watch time has seen a 400% year-on-year growth in the country.

These findings were based on research conducted by Kantar TNS. The research covers 4,000 respondents in India engaged via online or face-to-face interviews with an average length of 25 minutes for telephone interviews and 30+ mins for face-to-face interviews.

See also:
Here’s how young India is buying cars

In India, used car businesses see renewed interest from investors with CarDekho raising $110 million

Can latecomer Maruti Suzuki rev up electric car sales in India?