India Passenger Car Air Conditioners Market to Surpass $ 1 Billion by 2023
Increasing automobile production in India along with rising local manufacturing due to Make in India initiative to propel growth in India passenger car air conditioners market through 2023 According to TechSci Research report “ India Passenger Car Air Conditioners Market By Vehicle Type, By Technology, By Compressor Type, Competition Forecast & Opportunities, 2023’’ , India passenger car air conditioners market is projected to cross $ 1 billion mark by 2023 on account of growing investments in automotive and auto-ancillaries sector and easy availability of financing options for the purchase of passenger cars. Moreover, d evelopment of Secondary Loop Mobile Air Conditioning System for reduction of air pollution coupled with emergence of India as an automotive hub in Asia-Pacific region is further propelling growth in India passenger car air conditioners market. Additionally, rising domestic manufacturing in India on account of favorable government policies and initiative
