Automobile industry in India is one of the fastest growing industries in the world. The automobile industry in India began in the 1940s. The Indian auto industry now, making cars and buses, three wheelers, two wheelers, commercial vehicles and heavy-duty vehicles, and uses a large workforce in India. The largest automobile companies in India are Maruti Suzuki, Hyundai Motor India, Tata Motors and Mahindra & Mahindra. The industry growth has spread through the many obstacles of political and economic system of India. This is achieved annual growth of 17% in the production of cars and 30% of export growth. But a few years ago, is facing fierce competition and problems arise as a result of industrial recession.
The Indian automobile industry, as well as two-wheelers, was released to a quick start in fiscal 2011, both Maruti and Tata Motors post the highest sales growth in April this year, during the corresponding month last year.
India is also preparing for the three major global auto markets by 2020, plus component suppliers in the market to increase the capacity and improve the technology. Car sales in India in a downward trend this year, mainly due to higher interest rates on loans, high prices of fuel and fears of job losses in a slowing economy. The Suzuki two wheeler Exporters formidable competition to global players rejuvenation Honda and Suzuki, to control.
Suzuki Motorcycle India is a subsidiary of Suzuki Motor Corporation. Does Suzuki Motorcycle India (SMI), a 100% subsidiary of Japanese auto major Suzuki Motor Corporation, and make India an export center for Two Wheelers Exporters. The company is planning to export every motorcycles and motorized scooters to emerging markets, where the annual demand of more than one million units. Two wheeler maker Suzuki Motorcycle India Private Limited (SMIPL), a subsidiary of Suzuki Motor Corporation of Japan based, and plans to launch in the next 18 months to meet the mass market three new products.
Despite the current grim scenario, experts and the third largest two wheelers companies say India and Asia, the market is still a market with growth potential for the two wheelers in the long run.
Lovson Group caters to multiple segments of business in exports. The group has evolved to manufacture and mobilize a wide range of engineering products. We are the Exporters India of Engineering parts such as Pumps, Valves, Diesel Engines, Gensets, Machinery components, Forging & Casting parts, Two Wheelers, Three Wheelers, Motorcycle Exporters etc. For more detail visit us on : Lovson.com
Indian automobile industry, as well as two-wheelers