Tuesday, December 8, 2015

Shift Compition in Indian Car Market

At present Indian car market is booming with the launch of new cars every month and with great discounts on the existing cars. If we go a few years back, then there was not much competition in the Indian car market and Maruti was the undisputed leader in the Market. However, today's picture has changed completely with the entry of many new international car makers.

Today's Indians have many choices of cars in front of them, which was missing in the past. India is no more a country of small cars as people are looking for mid segment cars or SUVs. In India, we can observe a great desire in every individual to own a car and due to this reason, we see a great load on the Indian roads. On some of the roads, it becomes near to impossible to drive safely.

Today, we can find so many cars on the Indian roads that sometimes, it becomes difficult to recognize a car from its look. Most of the luxury International brands of cars are easily visible on the Indian roads. As the buying capacity of Indians is increasing so is the numbers of cars on the roads. A car has become must for many Indians and many people prefer to buy a car even before owning a house.

With world's second largest population, Indian car market is one of biggest car markets in the world. Therefore, no car company wants to miss this opportunity and they all are ready for India. Even local Indian car makers like Maruti-Sazuki and Tata Motors are doing re-branding of their cars so that they can face the increasing competition from the international brands.


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