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automobile IndustryIn India there are 100 people per vehicle,
while this figure is 82 in China. It is expected that Indian automobile
industry will achieve mass motorization status by 2014.
Industry Overview Since the first car rolled out on the streets of
Mumbai (then Bombay) in 1898, the Automobile Industry of India has come
a long way. During its early stages the auto industry was overlooked by
the then Government and the policies were also not favorable. The
liberalization policy and various tax reliefs by the Govt. of India in
recent years has made remarkable impacts on Indian Automobile Industry.
Indian auto industry, which is currently growing at the pace of around
18 % per annum, has become a hot destination for global auto players
like Volvo, General Motors and Ford. A well developed transportation system plays a key role in the development of an economy, and India is no exception to it. With the growth of transportation system the Automotive Industry of India is also growing at rapid speed, occupying an important place on the 'canvas' of Indian economy. Today Indian automotive industry is fully capable of producing various kinds of vehicles and can be divided into 03 broad categories : Cars, two-wheelers and heavy vehicles. Snippets
Segment KnowhowAmong the two-wheeler segment, motorcycles
have major share in the market.
Hero Honda contributes 50%
motorcycles to the market. In it Honda holds 46% share in scooter and
TVS makes 82% of the mopeds in the
country.
40% of the three-wheelers are used as goods transport purpose. Piaggio holds 40% of the market share. Among the passenger transport, Bajaj is the leader by making 68% of the three-wheelers. Cars dominate the passenger vehicle market by 79%. Maruti Suzuki has 52% share in passenger cars and is a complete monopoly in multi purpose vehicles. In utility vehicles Mahindra holds 42% share. In commercial vehicle, Tata Motors dominates the market with more than 60% share. Tata Motors is also the world's fifth largest medium & heavy commercial vehicle manufacturer. MiscellaneousHyderabad, the Hi-Tech City, is going to come up
with the first automobile mall of the country by the second half of
2008. It would be set up by city-based Prajay Engineers Syndicate in
area of more than 35 acres. This 'Autopolis' would have facilities for
automobile financing institutions and insurance services to create a
complete range of services required for both
auto companies and customers. It will
also have a multi-purpose convention centre for auto fairs and product
launches. Cars by Price Range
The segregation is made on
Ex-Showroom price of base models. The following links will give you the complete picture of Indian Auto Industry:
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