The Report was released by Shri. Amitabh Kant, Former G20, Sherpa, Government of India at the round table organised on July 16, 2025 at Meridian, New Delhi.
The report has been authored by Amit Kapoor, Chairman, Institute for Competitiveness; Pradeep Puri, Senior Fellow, Institute for Competitiveness and Mohammad Saad, Researcher, Institute for Competitiveness.
The analysis presented in this report challenges this notion by demonstrating that robust fuel efficiency policies can, in fact, support increased output and create new employment opportunities. This work stands out for its detailed and insightful examination of consumer demand across different vehicle segments. By studying how buyers respond to changes in vehicle costs and fuel efficiency, it offers a clear and comprehensive view of the economic impact of stricter standards. Rather than curtailing growth, the evidence shows that such regulations can stimulate innovation and drive the automotive sector forward encouraging manufacturers to expand and diversify their offerings.
