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June 29, 2010

A Primer On The Indian Car Industry

Filed under: Extreme — Tags: — admin @ 10:31 pm

Cars are a passion for some, and eye candy for others. For some, they are a part of their profession, for others, they are a necessity for travel. Looking at gift days for men, it’s clear that some individuals will spend good money even just to get a few hours in their favourite car.

The automobile industry enjoys its share of glamour and attention for mainly two vehicles: cars and motorbikes. The car industry in India kick-started on its road to growth in the 90’s with the Maruti wave sweeping the entire nation as the Maruti 800 became a symbol of up-scale social status and heavy bank-balances. However, with expansion of the market and the entry of foreign companies, cars in India skyrocketed to new heights in the field of design, innovation, style, and technology.

With Indian players like Tata Motors, Maruti, Mahindra ,Hindustan motors and foreign giants like Suzuki, Toyota, Honda, Volkswagen, Hyundai, Fiat, Ford, General motors and Chevrolet, the car market in India is setting new standards in terms of perfection and performance each waking second. With affordable car loans for the middle-class for avail in most banks, the Indian car industry is smiling its way through on the roads.

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