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Assessment of the Indian Passenger Car Industry
Smart Research Insights, Feb 2012, Pages: 30
Being one of the fastest growing automobile markets across the world, India represents the seventh largest passenger vehicle industry. In 2009-10, Indian passenger car industry was one of the few markets globally that evaded the recessionary trend and it has been witnessing steady growth over the past few years. The industry’s growth is driven by various factors such as the economic growth of the country, rising disposable income, relatively low car penetration and availability of financing options.
The sector’s potential has attracted various foreign OEMs to India and has also led many established domestic and foreign automobile players to adopt capacity expansion strategies. Many established foreign players in India, are also positioning themselves as key contenders to offer low-cost car manufacturing capabilities. However, the industry is struggling with various challenges such as of rising commodity prices, labour costs, interest rates and increased competition.
Why should the report be purchased?
The report titled ‘Assessment of the Indian Passenger Car Industry’ highlights the performance of the Indian passenger car market. It also analyses the emerging trends and developments in this market, along with the key players in the industry. The report also captures the government initiatives that are driving the growth of the sector.
Research methodology and delivery time
Smart Research Insights has conducted in depth secondary research to arrive at key insights. Data collected from key industry sources has been analyzed impartially to present a clear picture of the industry. All recent developments which impact the sector dynamics have been captured and used to support the research hypothesis.
The report is available as single-site single-user license. The delivery time for the electronic version of the report is 3 business days as each copy undergoes thorough quality check and is updated with the most recent information available. The delivery time for hard copies is approximately 3-5 business days, as each hard copy is custom printed for the client.
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