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Indian Auto Component Industry - After Market Study of Automotive Chains
AM Mind Power Solutions, Dec 2009, Pages: 51
This report gives an understanding of auto-component industry in India. It analyses indian automobile industry, auto-component structure, domestic market size, turnover and recent trends in two wheeler sector. Industry product range and export/import describes the present demand and supply trends. With the help of future forecasting we have tried to provide better understanding of future opportunities in the sector. Further we have talked about auto chain trends and compeititon between major players.
Products Mentioned:
- Overall automobile sector
- two wheelers
- automotive chain
One Industry which is full of potential today is that of Two Wheeler Industry in India. The Production capacity of major players increases because of the increase in demand which leads to increase in the after marking opportunities.
The objective of the report is to study the business environment of the automotive chains in the aftermarket and to build an entry strategy for the new players.
The report begins with an overview of the Global Automobile/ auto component industry and describes Indian Automobile Industry in detail. It specifies the two wheeler industry and then to corresponding automotive chains. It talks about auto component market in India following future growth of the industry. The basis of the information is Automobile Component Manufacturing Association (ACMA), Confederation of Indian Industries (CII) and Society of Indian Automobile Manufacturers (SIAM).
The report contains a competitive analysis of key Players such as Rolon, Ti Diamond along with their individual strengths & weaknesses. Primary Research is carried out by Questionnaire technique. The responses are captured, analysed & a suitable entry strategy is made for M/S Rockman Industries Ltd. Apart from market trends, there are recommendations, suggestions and conclusion.
Objectives of the Study
In the last few years two wheeler markets in India has grown rapidly. More than 7 million units were sold in 2008 – 2009 out of which 6.2 million were motorcycles. In April 2009 it has increased by 10.7 % in comparison to 2008, which offers a huge opportunity for aftermarket OEM’s.
The Objectives are as under:
- Study of automobile and automotive industry – especially for two wheelers
- In-depth study on 2-wheeler chains
- Studying the existing players in auto chain industry
- Understanding end-users needs and preferences
- Comparative analysis of existing key players product
- Evaluating market share of existing players
- A study on the distribution network of the existing players. Estimating the production of motorcycles & sales figures and estimating the overall market size.
Companies Mentioned:
- Hero Group (Rockman)
- rolon
- TI diamond
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