PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: RNCOS E-Services (P) Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

India Auto Component Sales to Grow at 13.8% CAGR through 2013-14 Finds RNCOS - Rising sales of automobiles along with increasing rural demand will drive auto components sales to grow at double-digit CAGR by 2013-14, says RNCOS
India Auto Component Sales to Grow at 13.8% CAGR through 2013-14 Finds RNCOS

 

NewswireToday - /newswire/ - Noida, Uttar Pradesh, India, 2010/06/23 - Rising sales of automobiles along with increasing rural demand will drive auto components sales to grow at double-digit CAGR by 2013-14, says RNCOS.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

According to our recent research report, “India Auto Component Market Analysis”, over the past few years, Indian auto component industry has gained a significant growth momentum from de-licensing of industries. In a response to relaxed regulations, easing FDI policies and support to the industry, production and sales both have achieved double-digit CAGR growths in last 4-5 years. Research further reveals that rising sales of automobiles in the country will continue to sustain higher levels of auto component demand, which is poised to grow at 13.8% CAGR during 2010-11 – 2103-14.

The research infers that industry’s organized sector is comprised of nearly 600 companies providing direct employment to more than 2.5 Lakh peoples. However only 9% companies belong to organized sector, but their share in total industry output is substantial. In the coming years, we anticipate this share to increase further, supported by various factors discussed and analyzed in the report.

On the export front, India is gradually positioning itself as a trusted name in global auto component industry. In the recent years, auto component manufacturers are gradually moving up in the value chain. Their share of supply to OEMs in total exports is increasing and supply to the aftermarket is decreasing. Attributes like improving component quality, cost effectiveness even at lower level of production levels are differentiating Indian component suppliers from their foreign counterparts. The trend is expected to prevail in future also, which will strengthen the industry outlook in the country.

“India Auto Component Market Analysis” is an outcome of extensive research and thorough analysis of the fast-growing auto component industry potentials in India. The report discusses the market structure, current and past market performance and factors critical to the success of the concerned industry in India. We have also identified all the key players in the Competitor Analysis section of the report. The section talks about the business profile and strategic moves of the leading players operating in the sector.

Moreover, the report also gives industry forecast based on correlation of past drivers, challenges and opportunities for expansion. In this way, the report presents a complete and coherent analysis of the Indian auto component industry and will prove decisive for clients.

Report/IM263

About RNCOS
RNCOS (rncos.com) specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: RNCOS E-Services (P) Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


India Auto Component Sales to Grow at 13.8% CAGR through 2013-14 Finds RNCOS

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Shushmul Maheshwari - RNCOS.com 
+91 12 04224700 press[.]rncos.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any RNCOS E-Services (P) Ltd securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From RNCOS E-Services (P) Ltd / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

Connected Truck Telematics Providers Focus on Partnerships to Keep Pace with Digital Transformation Finds Frost & Sullivan
MAN and CNL to Bring eTrucks to Our Roads
Automotive OEMs Prepare for 48v Power-net, Fuelled by Autonomous Driving and Stringent Emission Norms Finds Frost & Sullivan
Automotive OEMs Standardise Testing and Explore Alternative Powertrains to Comply with RDE Deadlines Finds Frost & Sullivan
Infiltration of New Green MD-HD Trucks and Buses Set to Transform North American & European Hybrid-Electric Truck & Bus Market Finds Frost & Sullivan
Disruptive Impact of Global LNG Trade Fuels Growth Opportunities in the Medium-heavy Duty CNG and LNG Truck Market Finds Frost & Sullivan
Positive Outlook for the Indonesian Automotive Market Reports Frost & Sullivan
Fully Autonomous Vehicles Spur LIDAR Sensors Mass Adoption Finds Frost & Sullivan
Vehicle Financing Market - New Business Strategies Steer Rapid Growth Opportunities Finds Frost & Sullivan
Latin American OEMs Focus on Advanced Automotive Features to Trigger New Growth Opportunities Finds Frost & Sullivan
Truck Digitisation and Tech Developments in Freight will Boost Europe’s Commercial Vehicle Telematics Market Reports Frost & Sullivan
Collaborations with Technology Providers Offer European Automotive OEMs New Growth Opportunities Finds Frost & Sullivan
MAN Makes Inroads in Mexico
Interstate Batteries Takes Top Honors in Product Leadership for Overall Best Automotive Battery
The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)