Research and Markets: Automotive Industry at Centre of India's New Global Dynamic

DUBLIN, Ireland, April 22 -- Research and Markets (http://www.researchandmarkets.com/reports/c16213) has announced the addition of India's developing automotive markets and industry to their offering.

India is an emerging country with huge potential. The domestic economy is now growing at around 7% per annum and India's growing importance in global terms is being reinforced by rapidly rising exports. India's low cost but highly skilled manufacturing base means that the country is also taking centre stage as a favoured location for global outsourcing.

The automotive industry is at the centre of India's new global dynamic. The domestic market is expanding rapidly as incomes rise and consumer credit becomes more widely available. Manufacturer's product lines are being continually expanded, as is the local automotive manufacturing base. Expectations are high that India can develop as a global hub for small car manufacture and as an outsourcing centre that offers the global automotive industry solutions high up the automotive value chain.

This management briefing reviews the current status of and future prospects for India's automotive industry.

  The report covers the following topics:

  --  Political and economic overview
  --  Big challenges remain for world's largest democracy
  --  Deregulation, reform and economic growth
  --  Economic growth picks up
  --  Government borrowing has been a worry though
  --  Political timetable has slowed fiscal reforms
  --  India at a glance
  --  Growth of 'consumer class'
  --  India strengths and weaknesses
  --  Infrastructure attracting government investment
  --  Light vehicle market
  --  Market growth potential is huge
  --  Passenger vehicle market boosted by strong economy
  --  India's 'Big Three' focus on affordable small cars
  --  Quadricycles or the 1 lakh car for everyman?
  --  Luxury segment seeing growth from a low base
  --  GM looks to exploit GMDAT connection in India
  --  Light vehicle manufacturing industry
  --  Protectionist origins
  --  Government policy towards auto industry sees FDI constraints fully
      lifted
  --  Vehicle exports seeing sharp growth
  --  Maruti 800's long-term future uncertain
  --  Tata Motors fills out Indica platform-based product range
  --  Hyundai chooses India as global small car hub
  --  Mahindra & Mahindra enjoys Scorpio success
  --  GM looks to increase Corsa localization
  --  Ford shows added commitment to India
  --  Hindustan Motors' Ambassador is still there
  --  Component industry looks to global outsourcing for growth
  --  OEMs and Tier 1s step-up outsourcing plans
  --  India looks to freer trade to develop industry further
  --  India's strong skill base
  --  General Motors sets up research centre in Bangalore