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

Sunny California Coast Car Rental Services
Published by Hiteshbhoi on December 6th 2011 | Auto
Sunny California has been able to generate quite a number of tourists year after year, with its sunn...
 
Automotive Tools for Your Home Garage
Published by Hiteshbhoi on January 3rd 2012 | Auto
You can save hundreds of dollars on garage fees every year by carrying out minor servicing and maint...
 
Maximizing Fuel Economy: Strategy for Minimizing Work Truck Operation Costs
Published by Clorinda Disimone on March 21st 2012 | Auto
Whether your business uses a single work truck or a whole fleet, it is crucial that you manage your ...
 
Eminent Service Trend of GMC Dealers Indiana
Published by Ema Sis on June 21st 2012 | Auto
GMC Dealers will surely guide the shoppers in deciding on a perfect model which fulfill their demand...
 
Toyota Cars Hogging the Limelight
Published by Robert Vadra on January 20th 2012 | Auto
If you look past then in 2009 and in 2010 Toyota has always been in the limelight for all the right ...
 
Drivers’ Bad Habits That Can Be Cruel to Automobiles
Published by Erwin Calverley on April 16th 2012 | Auto
Owning at least one car is said to be part of the great American dream. However, it seems that the n...
 
Friendly and Caring Service from Used Car Dealers
Published by Junior Perrera on June 14th 2012 | Auto
Summer is coming soon, and it is considered one of the best times of the year to get a car from the ...
 
The Hospitality and Efficiency in Traveling from and to the Airport--Only with a Reliable Taxi Service
Published by Earnestine Novick on July 16th 2012 | Auto
Someone’s experience before he even reaches or departs from the flight terminal will significantly...
 
The Story Behind the Mazda Navajo
Published by Hiteshbhoi on December 7th 2011 | Auto
One of the vehicles that is running under the Mazda brand and name is the Mazda Navajo. This is a sp...
 
The Types of Vehicles Commonly Seen on the Street
Published by Erwin Calverley on March 27th 2012 | Auto
Automobiles have come a long way since the first steam-powered car was invented in 1672. They have n...
 
Factors to Consider While Buying a Car
Published by Yogita Bali on January 10th 2012 | Auto
Buying car is a dream harbored by many people from a very tender age.So before buying a car please h...
 
Advice for Filing an Auto Insurance Claim
Published by Hiteshbhoi on January 3rd 2012 | Auto
We know we need it; it is required, after all. We just hope we never have to use it. Purchasing auto...
 
Equipments That Make Garage Meaningful
Published by Ahtisham Ahmed on April 12th 2012 | Auto
The automobiles are the luxury product that requires regular maintenance and repair for faults in or...
 
Basic Things to Inspect when Buying a Used Recreational Vehicle
Published by Tia Oshields on February 29th 2012 | Auto
Before inspecting the used RV, have a checklist of things to look for. A checklist helps remind you ...
 
Availability of dodge caravan parts
Published by James on February 17th 2012 | Auto
This car has revolutionary features like airbags for passenger safety and sliding doors for convenie...
 
Used Family Cars Can Be Fun
Published by Robert Vadra on July 18th 2012 | Auto
When you set out to purchase a used car that is suitable for transporting the whole family, you may ...
 
Whey Protein- the Best Protein
Published by Julia Roger on March 9th 2012 | Auto
It is also assumed that whey protein helps in fighting with major heart diseases and the research is...
 
Selling Your Vehicle Fast and Cheap
Published by Hiteshbhoi on December 6th 2011 | Auto
Since the internet arrived many years ago it has brought with it endless time and money saving oppor...
 
Different models of cars in Australia
Published by Martin Crowe on April 17th 2012 | Auto
For the last 25 years fleet cars services are serving the people with a reliable source of transport...
 
Learn more about used bikes in Bangalore
Published by Simmie on February 22nd 2012 | Auto
Getting a used bike in Bangalore may be easy enough but if you want to strike the best deals, it wou...
 
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...