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Indian Automotive Alternative Fuel Conversion Kit Markets
Frost & Sullivan, Oct 2001
New Fuel Legislation Boosts Revenues
As the Indian government strives to reduce pollution in its densely populated
cities, it will enact regulations to encourage the use of alternate fuels.
Legalization of liquefied petroleum gas (LPG) for Indian automobiles is
expected in the near future, opening up immense markets for manufacturers
of LPG conversion kits. Passenger car and autorickshaw owners are expected
to be the primary consumers of the more cost-effective LPG products.
This Frost & Sullivan research analyzes the markets for alternative fuel
conversion kits, including those for LPG and natural gas fuels. It identifies
potential opportunities in the passenger car, bus, and three-wheeler segments.
With its in-depth discussions of emerging governmental programs and their
impact on the marketplace, this study offers users an essential guide to the
future of this rapidly burgeoning field.
Technological Innovations Define Industry Winners
Developing superior products is a key success factor in the competitive
original equipment vehicle markets, says the study's author. Currently, Indian
conversion kit markets are flooded with substandard and duplicate products.
Manufacturers must devote sufficient resources for research and development
to create world-class offerings that stand apart from the competition.
Producing less expensive, lighter, and stronger fuel storage tanks, for example,
could help participants establish a leadership position in the marketplace.
Reinforcing innovative products with strong after-sales service will allow
companies to establish a brand image. This study, which reviews important
challenges and offers strategic recommendations, can help your firm take
advantage of key areas of growth.
Domestic Brands Could Threaten Foreign Entrants
Most of the imported brands are losing market share due to higher
manufacturing and freight costs, as well as import tariffs, reports the analyst.
Moreover, foreign participants are unable to respond quickly to demand
surges or requests for design modifications. Indian brands are more cost
competitive particularly in natural gas conversion kit markets, where a
number of items are already available.
However, opportunities still exist for new entrants. Companies willing to
establish joint ventures with Indian companies for manufacturing can beat this
trend, according to the author. By tracking key trends and surveying
the competitive landscape, this research will enable your company to
maximize its returns.
Additional Information
Market Participants
Manufacturers?Importers
Aarding (India) Private Ltd.
Auto Gas Consultants
Axis Autogas
Dars Automobiles
Dolphin Motors (India) Ltd.
Gascon Auto Private Ltd.
Gasuzu International
Hovel Auto Gas
J P Auto Gas India Private Ltd.
Logicon Engineers Private Ltd.
Lovato Autogas Ltd.
Palsa Autogas
Premier Auto Electric Ltd.
Rohan Automotive Equipment's Private Ltd.
Rutu Autogas Private Ltd.
Raajan Automobile Private Ltd.
Shri Shakti LPG Ltd.
SKN House
Shrimankar Gas Car Services Private Ltd.
Techlab Auto Gas
Transenergy Ltd.
Vialle Alternative Fuel Systems Private Ltd.
Vanaz Engineers Ltd.
Yash Propane Auto Energy Private Ltd.
Related Companies
Bharat petroleum Ltd.
Everest Kanto Cylinder Ltd.
Gujarat Gas Co. Ltd.
Indraprastha Gas Ltd.
Mahanagar Gas Ltd.
Reliance Petroleum Ltd.
Industry Organizations
Automotive Research of India
Ministry of Surface Transport
National Environmental Engineering Research
Institute
Natural Gas Vehicles Association of India
Original Equipment Manufacturers
Ashok Leyland Ltd.
Bajaj Auto Ltd.
Daewoo Motors Ltd.
Hindustan Motors Ltd.
Maruti Udyog Ltd.
Tata Engineering & Locomotive Company Ltd.
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