Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

The truck market in India is cruising

By Johnvictor Subscribe to RSS | March 30th 2012 | Views:
loading
 
  



The transport industry has grown in leaps and bounds since its humble beginnings in India. The Indian automobile market is the second largest in the world in terms of vehicles sold and is poised to be at pole position by 2020. While the overall automobile market is dominated by passenger vehicles, the commercial vehicles sector in India is dominated by trucks. Buses and three wheelers constitute the remaining part.

The truck in India was traditionally marked by companies tying up with a European or American motor company and manufacturing their models. The availability of skilled personnel and the rising demand ensured that more players entered the field. Now with India being the largest market for vehicles in the world every manufacturer has an eye on India.

Since Liberalization in the early 90’s, the entry of foreign players changed the entire scenario of the transport business. Faced with direct foreign competition, the Indian manufacturers had to radically redesign their product to remain competitive in the new market.

Companies like AMW, Navistar, Volvo, Daimler and Caterpillar have now set up operations in India. The Bhuj registered Asian Motorworks was in the news as their trucks won the Desert Storm Rally. AMW is also the world largest manufacturer of wheel rims. With an installed capacity of 1.5 crore rims per year, they supply rims to all Indian and global automobile manufacturers.

With the Golden Quadrilateral project being undertaken, the road transport sector in India has received a boost. Trucks are the main form of transport in India. Diesel is subsidized in India and most trucks have diesel engines. The recent years have seen the growth of the truck industry in India. Most companies have started offering trucks that have more power and better fittings than before. Now trucks have air conditioned cabins and ABS and power steering as standard fitments. Exposure to the global situation has ensured that the best technology is now being used to make Indian Trucks. AMW is one the latest players to enter the Indian market.

While the Gangetic plains and the Deccan plateau are well serviced by the railway network, states like Jammu and Kashmir, and the North East depend largely on trucks for supplies. The growth of multi axle trucks is also a pointer to the growth of the Indian economy. The commercial vehicle market in India was traditionally dominated by only two companies but now at least 5 new players have setup operations in India since 2005.

The Indian truck market has grown at 17 percent since 2005 and projections show that it will keep growing. 65 percent of the goods transport in India is done by truck. The sale of multi-axle trucks which range from 26.2-ton vehicles to 49-ton ones on the basis of gross vehicle weight have seen an unprecedented growth in sales which jumped 55% from 2009 to 2010. Demand for lighter commercial vehicles in the range of 3.5-16 tons was at 26%.

Johnvictor - About Author:
John Victor is automotive professional and always looks for Auto Industry updates. Here he enlightens his experience on Trucks and how the Truck market in India is cruising.

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:
http://www.articleside.com/auto-articles/the-truck-market-in-india-is-cruising.htm

Related Auto Articles Subscribe to RSS

Tips to Keep Your Car in Shape for Trips
Published by Hiteshbhoi on December 7th 2011 | Auto
With gas prices on the rise, there is no better time than now to think about vehicle maintenance.
 
Auto purchasing simplified at UnoCarDealers
Published by John on February 3rd 2012 | Auto
Many folks invest money to post their automobile for sale - in newspapers, in web sites or in other ...
 
Safety During Car Maintenance
Published by Hiteshbhoi on December 6th 2011 | Auto
Knowledge is the best weapon when it comes to battling car maintenance. After all, once you know how...
 
Benefits of Heathrow Airport Taxi versus Airport Parking
Published by Angie Turner on June 16th 2012 | Auto
Heathrow airport taxi services are easy to book online as Heathrow airport taxi websites tend to hav...
 
Top 10 New Cars searched since 2011
Published by Siddharth Bharadwaj on July 23rd 2012 | Auto
Last time we fetched you the 10 most searched cars in India, irrespective of the fact about their ye...
 
Some New Cars Entering the Market in the Year 2012
Published by Urvi on January 11th 2012 | Auto
The article covers some of the new cars that will be entering the market for the model year 2012. Li...
 
How to Find Reliable Phoenix Used Cars Dealers
Published by Chris Azused on January 28th 2012 | Auto
You are in the Phoenix region and you like to get a used car....
 
Where to Find the Best Deals on Auto Glass
Published by Julia Bennet on January 22nd 2012 | Auto
There is a lot that can go wrong with auto glass. You may end up getting your windshield broken when...
 
The advantages of buying cars as of Kia dealers Indianapolis
Published by Ema Sis on June 19th 2012 | Auto
The Kia vehicles have become ever more well-liked due thus to their ability to deliver proficiency &...
 
Requirement of Quality Amenities in Remote Starter Installation
Published by Ema Sis on April 25th 2012 | Auto

Remote car starters own extremely superior factors within providing superior functioning of auto...
 
Common Symptoms for Failed Catalytic Convertors
Published by Julia Roger on June 14th 2012 | Auto
It is common to find lower mileage due to a problematic diesel particulate filter, which in turn ma...
 
Winning Techniques of Bicycling for Beginners!
Published by Bicycle Nation on January 19th 2012 | Auto
Good technique and advanced preparation is necessary, if you really wish to be more confident and fa...
 
Could a Car Party be the best choice for your child’s birthday?
Published by Mary Porter on June 18th 2012 | Auto
A car party in which children are given the chance to enjoy racing cars in total safety is a brillia...
 
Mercedes repairs from time to time its essential
Published by Glyn Jones on December 13th 2011 | Auto
For the better performance of your Mercedes cars it is essential that you have the time to time repa...
 
How Canadian Truck Owners Can Personalize Their Vehicles
Published by Clorinda Disimone on March 21st 2012 | Auto
A pickup truck gives the owner a feeling of power and strength because of its size....
 
San Jose Auto Repair and Services at B & C Auto
Published by Kristen Nolan on March 30th 2012 | Auto
B & C Auto Center in San Jose, California provides some of the highest quality auto repairs and serv...
 
The Name My MINI Contest is On!
Published by Mark Hussay on December 14th 2011 | Auto
OAKVILLE, December 5, 2011 – Local TV personality Melinda Estabrooks (Host, CTS) recently encounte...
 
The Code of Auto Detailing: a Dealer’s Way of LIfe
Published by Kerstin Shed on February 23rd 2012 | Auto
As a car dealer, it is your responsibility to keep the cars in your inventory clean for the customer...
 
Get Lates News and Update About Scion Audio/Visual
Published by Robin Taylor on February 16th 2012 | Auto
There are not many car manufacturers who can boast that they have their own record label. Toyota, ho...
 
Are Truckers Going Soft?
Published by Hiteshbhoi on January 3rd 2012 | Auto
The answer is … yes! Actually, truckers are going for trucking software to make their life a littl...
 
Tips on How to Negotiate Successfully with Sacramento Used Car Dealerships
Published by Robinn Atherton on August 24th 2012 | Auto
Even though you have not purchased used cars before but still you can manage to negotiate successful...
 
The Hero Motocorp Passion Xpro is the new generation bike
Published by Wilson Roy on August 24th 2012 | Auto
The Hero Motocorp Passion Xpro is the new generation bike from Hero. They are already known for prod...
 
The Hero Motocorp Passion Xpro is the new generation bike
Published by Wilson Roy on August 24th 2012 | Auto
The Hero Motocorp Passion Xpro is the new generation bike from Hero. They are already known for prod...
 
Yamaha YZF 250 R4 - appealing looks and great functionality
Published by Wilson Roy on August 24th 2012 | Auto
Yamaha is the most popular company known for producing classic bikes. This time the company is manuf...
 
Yamaha YZF 250 R4 - appealing looks and great functionality
Published by Wilson Roy on August 24th 2012 | Auto
Yamaha is the most popular company known for producing classic bikes. This time the company is manuf...
 
Leading Used Car Showroom in Coimbatore
Published by Hema on August 23rd 2012 | Auto
The showroom has been known for its architectural beauty and is one iconic showroom in town designed...