India's Cars24 Sees Chip Crisis Driving Used Car Demand, CEO Says

The video discusses the potential for growth in India's car market, highlighting the low car ownership rate compared to Western countries. It addresses the impact of the global chip shortage on car production and demand, particularly for used cars. The discussion also covers how COVID-19 has influenced car ownership trends, emphasizing affordability issues in India. The role of government policies, such as scrappage initiatives, in shaping the car market is also explored.

In what ways can pre-owned cars help increase car ownership in India?

What role does the government scrappage policy play in the car market?