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Delhi, New Delhi, India, 2008/01/02 - RNCOS released a report titled "Indian Automobile Sector - A Booming Market", that focuses on the growing Indian auto market.
RNCOS released a report titled "Indian Automobile Sector - A Booming Market", that focuses on the growing Indian auto market. This report helps clients to analyze the leading-edge opportunities and the driving factors that are critical for the success of auto industry in India. Detailed market analysis helps the potential investors to plot a route through the evolving Indian auto industry.
Indian Auto Industry
Allowance of 100% FDI in Indian auto industry in 2002 made the industry easily accessible and attractive for the global players. Japanese, Korean, European, and American OEMs entered the Indian market and added more than 1 Million four-wheelers during 2005-06.
Indian 2-wheeler industry is the second largest in Asia after China. The production of 2-wheelers grew at a CAGR of 14.6% from FY2001 to FY 2006. In passenger car segment, most of the Indians still prefer fuel-economic compact cars, but rise in disposable incomes has opened the roads for luxury cars too in India.
Despite impressive growth, automobile penetration rate is still low in India. As India is an economically growing country, there exists a huge untapped growth potential for the automobile manufacturers.
Key Issues and Facts
- Where the Indian automobile production does stands relative to world level and Asian level (2006)?
- What are the sales of passenger cars in different Asian countries?
- What is the country-wise automobile production and sales in Asia?
- How attractive is Indian automobile industry?
- What is the automobile consumption pattern in India?
- What are the driving factors for the Indian automobile industry?
- What opportunities and challenges are there for the automobile manufacturers in India?
- What will be the future scenario of Indian automobile industry?
This section provides an overview of the key players in the Indian auto industry such as Maruti Udyog Limited, Tata Motors Limited, Hyundai Motor India Limited, Mahindra & Mahindra Limited, Hero Honda Motor Limited, Bajaj Auto Limited and TVS Motor Company Limited.
Research Methodology Used
The information has been compiled from various authentic and reliable sources like Books, Newspapers, Trade Journals and White papers, Industry portals, Government Agencies, Trade associations, Monitoring Industry News and developments, and Access to more than 3000 paid databases.
Methods like Historical Trend Analysis, Linear Regression Analysis using software tools, Judgmental Forecasting and Cause and Effect Analysis have been used in the report for a prudent analysis.
RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of industry experts who analyze data collected from credible sources. They provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.