Automotive Articles - Indian Commercial Vehicle Industry Report
It has developed a detailed statistical model that attempts to forecast the domestic commercial vehicle sales separately for goods and passenger use on the basis of interaction with the industry and analytical acumen. The GC segment sales are forecasted on the basis of GDP growth and thereby the growth in cargo, the existing fleet capacity and its utilisation rate, while the PC segment sales are forecasted on the basis of growth in population, the per capita travel depending on the income levels and the split of travel between public and private modes of transport. Other qualitative factors like macro-economic outlook, government actions, consumer confidence, willingness of vehicle financers to finance purchases, actions of OEMs like launches, aggressiveness, sales push techniques, dealer network, etc. have also been quantitatively built in demand forecasting model.
The report is divided into four sections. Section I presents viewpoint on the industry that covers domestic and export sales forecasts for the next five years and outlook on the profitability for next 15 - 18 months. Section II provides an in-depth study of the Indian commercial vehicle industry encompassing its evolution and the trends in the last five year. Section III provides profile of key players in the industry, while Section IV contains various key data tables as an Annexure to the report.
It foresees healthy growth of commercial vehicles in the next 4 - 5 years as the economy has resumed its buoyancy. According to Research, LCV sales are likely to outpace the MHCV sales in terms of units and overall GC segment growing at a faster rate as against the PC.
In the light of growing cargo and passenger movement with the economy resuming its buoyancy, higher industrial output, investments in road infrastructure coupled with assistance by the government to improve the public transportation system, it expects the domestic commercial vehicle sales growth to accelerate at a healthy pace in the next 4 - 5 years. Additionally, the sleuth of new launches both in the sub 1 tonne LCV segment and multi axle vehicle segment by major players like TM, ALL, MM at better value propositions than the currently available competing products, which is expected to improve the overall efficiency of the truck operators operations is expected to give the supply side push to the commercial vehicles sales.
The advantages of abundant low cost labour, local availability of steel, aluminium and natural rubber as well as strong ancillary industry in addition to the 100 per cent FDI allowed in the sector has attracted global commercial vehicle majors like Volvo, MAN, Daimler, Hino, Nissan to enter the Indian market either on their own or through a joint venture.
To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=40608&rt=Indian-Commercial-Vehicle-Industry.html
Or
Contact us at :
Bharat Book Bureau Tel: +91 22 27578668 Fax: +91 22 27579131 Email: info@bharatbook.com Website: www.bharatbook.com Blog: http://bharatbookresearch.blogspot.com Follow us on twitter: http://twitter.com/3bbharatbook
Related Tags: market, automotive, research, india, report, market share, cargo, demand forecast, market leaders, market growth, market forecast, market rep, commercial vehicle
Your Article Search Directory : Find in Articles
Recent articles in this category:
- How To Install A Car Alarm Or Remote Start
Car alarm or remote start installation can be very expensive, especially if you already own your sys - Preparing A Vehicle To Sell On Craigslist - What You Need To Know To Get The Most Out Of Your Car
Selling your own vehicle instead of trading in will save you a bit of money. Selling your old vehicl - Appreciating The Volkswagen
In Germany, the term Volkswagen is literally translated as "people's car". The identical named organ - Buying A Classic Car
Do you picture yourself giving that old Chrysler LeBaron to your teenager, and picking up a classic - One The 11th Day Of Christmas I Got A Porshe Fitted Kitchen?
That time of year is close, you can see the seasonal aisles already bursting with Christmas gift ide - Appreciating The Subaru
In 1953, the Fuji Heavy Industries was established in Japan under its chief executive officer, Kenji - Datsun It Wont Disappoint
Datsun's roots go back in as much as 1911 when Masujiro Hashimoto created Kwaishinsha Motors with th - Triumph Fun Fast Affordable
The Triumph Motor Business was formally established in 1930. It held its headquarters in England. Th - A Quick Look Into The Scion
Vehicles are already required. Without it, traveling from 1 place to yet another can be tedious. Bec - Saturn Fun And Affordable
Knowing the previous of every single car is probably one of the finest opportunities you ought to ta
Most viewed articles in this category:
- Honda ATV Parts
ATV owners are always on the look out for good quality ATV parts. This also applies to Honda ATV own - Polaris ATV's
Polaris ATVs are considered as the worlds toughest ATVs currently available. These hardy machines ar - ATV 4 Wheelers
There are many different shipway that people like to travel. From walk to running and play to drivin - Safe Driving Tips. Save Money, Save Your Life!
As you have observed, many drivers are idiots. Here are some tips to avoid accidental run ins with - How Car Dealers' Treat Women
The first time I went on a big car lot to buy a car, was with my girlfriend at the time. The salesp - Dealing with tire troubles
It is therefore your obligation to regularly monitor your tires in order to make sure that they are - ATV Review
I am sure that many of you have heard about ATVS and how they have the ability to go over rough and - Cover up with the Extang Tonneau
Extang is a name not unknown to many in the automotive industry. Having pioneered various - Honda ATV's
There are certain types of names that just fill us with confidence regarding their products. These n - ATV Salvage Yards
There are many people who like to tweak how their ATV performs in various conditions. For these indi