Increased Demand for Indian Autos Results in Large Number of Multi-National Auto Companies Entering the Indian Market

DUBLIN, Ireland, June 1 -- Research and Markets has announced the addition of Indian Automobile Industry-Recent Trends to their offering.

The Indian automotive industry has flourished like never before in the recent years. This extraordinary growth that the Indian automotive industry has witnessed is a result of a two major factors namely, the improvement in the living standards of the middle class, and an increase in their disposable incomes.

Moreover, the liberalization steps, such as, relaxation of the foreign exchange and equity regulations, reduction of tariffs on imports, and refining the banking policies, initiated by the Government of India, have played an equally important role in bringing the Indian Automotive industry to great heights. It is estimated that the sale of passenger cars have tripled compared to their sale in the last five years. Thus, the sale of cars has reached a figure of 1 million users and is expected to increase further. It's also to be noted that the demand for luxurious models, SUVs, and mini-cars for family owners, have shot up, largely due to increase in the consumer's buying capacity.

The increased demand for Indian automobiles has resulted in a large number of multi-national auto companies, especially from Japan, U. S. A., and Europe, entering the Indian market and working in collaboration with the Indian firms. Also, the institutionalization of automobile finance has further paved the way to sustain a long-term high growth for the industry.

The basic objective of this market research report ""Indian Automobile Industry-Recent Trends"" is to estimate the demand for automobiles from 2005 till 2012. The increasing role of auto finance is also scrutinized by proving a series of surveys conducted across the country covering all categories of private and commercial vehicles' finance. The report also examines the region- wise demand and growth trends for the selected vehicles, and how they influenced India's GDP growth.

   Contents include the following:

   1. Executive Summary
   2. Global Scenario of Automotive Industry
   3. Indian Automotive & Auto-Component Industry Scenario
   4. Auto Policy to Establish a Global Competitive Automotive Industry
   5. Impact Of Union Budget (2005-06) On Auto Industry
   6. Performance of Indian Vehicle Sectors
   7. SWOT Analysis of Indian Automotive Exports
   8. Automotive Component Sector
   9. Emission Norms And Alternate Fuels
   10. Machine Tools, Dies & Fixtures
   11. Joint Ventures In Auto Industry
   12. Demand Forecast-2005-06 to 2009-10
   13. Market Access Strategies For Foreign Firms
   14. Indian Automotive Industry: Opportunities and Challenges
   15. Automotive Dealer Satisfaction Study, 2004
   16. Recent Issues And Current Development
   17. Company Profiles
   18. Outlook

For more information visit http://www.researchandmarkets.com/reports/c18526

   Laura Wood
   Senior Manager
   Research and Markets
   press@researchandmarkets.com
   Fax: +353 1 4100 980