In recent years India has been developing as a market potential for automobiles due to rise in demand and as a result there is an increased production to tap the growing demand both at home and in the foreign markets. This is reflected in the production figures of the industry especially ...
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....
With this growth in mind, we set out to build a perspective on the trends shaping the Indian market, the value proposition for the automobile industry in India, and imperatives for winning in the market. This article explores all three. ...
The automobile industry is one of the most important drivers of economic growth of India and one with high participation in global value chains. The growth of this sector has been on the back of strong government support which has helped it carve a uniqu
Over the past decades, China has emerged as one of the main growth markets for players in the global automobile industry. American manufacturers in China One of China’s largest car manufacturing companies is the joint venture between General Motors and SAIC Motor Corporation Limited, known as...
Its objectives include enhancing the contribution of automobile industry to the growth and development of Indian economy, assisting the automobile industry to meet its social obligations and encouraging the efficiency of industry in general and automobile industry particularly in India. SIAM focuses on ...
The automobile industry accounts for 7.1 per cent of the country's gross domestic product (GDP). Moreover, the growing interest of the companies in exploring the rural markets further aided the growth of the sector. Several initiatives by the Government of India and the major automobile players...
Raising the bar of Automobile industry H-One has played an imperative role in growth and development of the Automobile industries in India. We are actively getting instrumental in trade promotion, technology up-gradation, quality enhancement, collection and dissemination of Automobile parts. This has...
India’s growing openness‚ the arrival of new and existing models‚ easy availability of finance at relatively low rate of interest and price discounts offered by the dealers and manufacturers all have stirred the demand for vehicles and a strong growth of the Indian automobile industry. The...
The establishment of the Ghana Automotive Development Programme and the inauguration of the Ghana Automotive Industry Development Council in January 2023, comprising 35 representatives from public and private sectors, demonstrate the government's commitment to fostering integrated growth in vehicle assembly ...