India is a leading automobile manufacturer and exporter in the world. The automobile industry of India has an established position in the global scenario. It is evident from the fact that there are many foreign car manufacturers as well as several car dealers from abroad are planning to enter India for their business expansion. In fact, the automobile industry of India is also witnessing a parallel growth which is considerably faster when compared with the other automotive sector of the country. This rise in the demand for automobiles can be attributed to several factors like increasing the purchasing power of the Indian masses, liberalization policies of the government, rising fuel costs, and enhanced business infrastructure.
Today, India has become one of the front runners for manufacturing and selling automobiles. There are various reasons that account for this growth. However, most of the Indian populace prefers imported cars. They mainly include Maruti Suzuki, Honda, Fiat, Hyundai, Kia, Mahindra, Indian Honda, Jeep, and Sony Ericsson.
With the advent of the internet revolution, there has been tremendous advancement in the field of online marketing. This has also made the process of car marketing easier and simplified. Today, India has become one of the favoured destinations for making investments in the automobile industry. The auto industry of India is growing at a rapid pace due to the favourable external factors like high-profit margins, low labour cost, and availability of raw materials at negligible prices. Apart from these, the low overhead and better management of the resources have also facilitated the entry of more foreign companies into the Indian car industry.
India is emerging as one of the most profitable markets for the export of vehicles. The automotive industry of India is seeing tremendous investment as well as acquisition opportunities. Moreover, the Indian market is also attracting major multinational automobile companies. A major portion of the market is also controlled by small, locally-owned and foreign companies.
India is a leading manufacturer of cars and other vehicles. It accounts for almost 60% of the entire world’s car production. In India, you can find a variety of models such as minivans, small cars, sedans, SUV’s, pickups, SUVs, minibuses, and trucks. There are different types of engines available in India including gasoline, diesel, hybrid cars, and flex-fuel vehicles. The cost of a car in India depends upon the model, size, mileage, colour, its comfort, the interior, and the safety features.
Vehicles such as vans, small cars, and sedans rank very high in the luxury segment. In India, consumers have plenty of choices to choose from. One can opt for the popular Maruti Suzuki, Infiniti, and Honda cars. The top-selling cars in India include Honda models such as FCX and Accord. If you want to own one such powerful vehicle, you can go for the Honda FCX Defender which has been awarded best overall car in the class by auto magazines.
You can also find an amazing range of import and export vehicles such as Seat, Mazda, Honda, Fiat, Nissan, Lotus, and Seat micro. If you want to own a heavy-duty vehicle such as a van or a pickup truck, you can choose the Toyota Hilux, Toyota Tundra, Toyota Vitz, Toyota Chinook, or Toyota Camry. If you are looking for luxury vehicles, you can opt for a luxury brand such as Citicorp, Jaguar, Mercedes Benz, and BMW. There are also a great variety of private cars in India. These cars are usually imported from European countries.
When it comes to maintenance, Indian vehicles are less prone to mechanical problems and are relatively safe to drive. However, you should always keep a check on the oil and the water levels in the car. You must also clean your car regularly. You will be surprised to know that most of the car owners in India do not spend much time in their car. Most of the people in India prefer to use their transport services while waiting for their trains and flights at the airport.