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Research and Markets: Gain an Insight into the Factors Which Are Affecting Sales within the Indian Car Industry

DUBLIN, Ireland--June 21, 2006--Research and Markets has announced the addition of A Review of India's Automotive Industry - Management Briefing to their offering.

Currently car sales in India are around the one million mark per year, compared to six million two wheelers per year. This is partly due to the huge price difference between the most popular motorcycles and the cheapest car.

This month's briefing looks at the factors affecting the sales of cars, and how the market is expected to change in the not so distant future.

It identifies India's changing demographics and class shift between 2000 and 2005 as having a significant influence on car sales, as during this period salaries have increased along with the number of salary recipients. Factors such as these combined with urbanisation, more accessible and affordable car finance and an improving road network will provide opportunities for manufacturers, such as the already established Maruti, Hyundai, Teat Motors, Mahindra & Mahindra, along with Toyota, Honda, Skoda, Ford, GM, who are looking to increase their presence in India.

The briefing begins with an overview of India, its demographics, consumer behaviour, SWOT analysis, and a political and economic overview. It then looks specifically at the light vehicle market in terms of passenger car penetration, the focus of India's 'Big Three' on small cars, and the segmentation of the market. Manufacturing is also discussed with brief profiles of the major players and their activity. The final section focuses on the components industry and the development of this area due to freer trade, the country's strong skill base and competence on a global stage.

Companies Mentioned 
- Maruti
- Hyundai
- Teat Motors
- Mahindra & Mahindra
- Toyota
- Honda
- Skoda
- Ford
- GM

For more information visit http://www.researchandmarkets.com/reports/c38452