Friday, July 21, 2006

Indian Automobile Sales will grow to 13008 million by 2010

The "Indian Automobile Industry: An analysis" report provides a comprehensive analysis of competition in the industry, the prospect prospects, opportunities and roadblocks in the expansion of the Auto sector. The report gives an imminent into the Indian Automobile sector with respect to fresh trends and happenings. It has undertaken porter’s Five Forces Analysis to assess the auto industry on the height of competition. Apart from inter industry competition there are other forces also with which company competes in a business environment. This report provides detailed porter psychiatry for the benefit of industry participants to examine their competition and assist them in better decision-making.

Indian Automobile sector is high on expansion trajectory. Based on estimates, the total sales (domestic + exports) for FY06 would touch 10 million marks of which Commercial Vehicle Segment would contribute maximum. According to auto industry experts Indian Automobile sales would grow at a CAGR of 9.5% to 13008 million by 2010. To tap this large opportunity, Indian Automobile companies and worldwide automotive giants have announced huge expansion plans and are seeking answers for some critical questions like.

                

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