Abstract
The Indian automotive industry has flourished like never before in the recent years. This extra-ordinary growth that the Indian automotive industry has witnessed, is a result of a two major factors namely, the improvement in the living standards of the middle class, and an increase in their disposable incomes.
Moreover, the liberalization steps, such as, relaxation of the foreign exchange and equity regulations, reduction of tariffs on imports, and refining the banking policies, initiated by the Government of India, have played an equally important role in bringing the Indian Automotive industry to great heights. It is estimated that the sale of passenger cars have tripled compared to their sale in the last five years. Thus, the sale of cars has reached a figure of 1 million users and is expected to increase further. Its also to be noted that the demand for luxurious models, SUVs, and mini-cars for family owners, have shot up, largely due to increase in the consumers buying capacity.
The increased demand for Indian automobiles has resulted in a large number of multi-national auto companies, especially from Japan, U. S. A., and Europe, entering the Indian market and working in collaboration with the Indian firms. Also, the institutionalization of automobile finance has further paved the way to sustain a long-term high growth for the industry.
The basic objective of this market research report "Indian Automobile Industry--Recent Trends" is to estimate the demand for automobiles from 2005 till 2012. The increasing role of auto finance is also scrutinized by proving a series of surveys conducted across the country covering all categories of private and commercial vehicles finance. The report also examines the region-wise demand and growth trends for the selected vehicles, and how they influenced Indias GDP growth.
REPORT HIGHLIGHTS:
- Examines the production, sales, and export growth rates of the sector, along with a mention of the major manufacturers.
- Identification of the opportunities for foreign companies in terms of exports, technology transfers, strategic alliances, financial collaborations and JVs, in the Indian vehicle sector.
- The component-wise share of production is assessed.
- Assessment of the implications of vehicle emissions.
- Interpretation of the impact of the Union Budget on the Indian auto industry.
- Demand forecasts till 2010.
- An overview of the major changes occurring in the Indian market.
- A study of the market access strategies for companies.
- An insight into the profiles of big players of the Indian automotive sector.
REPORT FEATURES:
The market research report "Indian Automobile Industry--Recent Trends" clarifies all doubts regarding sales satisfaction index and customer satisfaction index. With the inclusion of initial quality study, J.D. Power Rankings, and the Government policy, this report in itself is a complete guide to the producers and consumers in the auto industry.
Chapters 2, 3, and 4, of the market research report talk of the automotive scenario of India--current and future outlook introduce you to the Indian automotive & auto-component industry. Chapters 5 and 6 discuss the impact of the Union Budget on the auto Industry and talk about passenger cars and commercial vehicles.
Chapter 7 provides a SWOT analysis of the Indian automotive exports, while Chapters 8, 9, and 10 talk about the auto parts. Chapter 11 speaks about the joint ventures and Chapter 12 gives the demand forecasts up till 2010. The opportunities and challenges, and the current status of the industry are highlighted in Chapters 14, 15, 16, and 17.
Automobile Industry Current Trends
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