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

2013 Ford Focus ST: the Compact Car That Offers Massive Performance
Published by Robert Vadra on July 17th 2012 | Auto
Compact cars are on the rise. Whether their popularity has been boosted by the current economic situ...
 
New cars - Tips on buying new sedan
Published by Amanda Mattcutt on January 25th 2012 | Auto
There are plenty of new cars available for sale in the market and while buying them, you will have t...
 
Ultimate Aero TT Breaks World Record
Published by Hiteshbhoi on December 7th 2011 | Auto
This article tells the reader about the recent broken speed record set by the 2008 Aero TT....
 
Fifth Wheel Hitches- something you ought to know about them
Published by Angie Turner on June 23rd 2012 | Auto
When it comes to picking fifth wheel hitches, there are several parameters which should be considere...
 
Saving Money with Geico Car Insurance Quotes
Published by Hiteshbhoi on December 6th 2011 | Auto
GEICO car insurance has long been only available to government agents. Now, by employing witty adve...
 
Buying ATV Parts and Accessories Online
Published by Seo Queen on April 1st 2012 | Auto
ATV parts and accessories are available from a wide range of suppliers and the best way to find a be...
 
Rent a Van, Houston style
Published by Elite Rental on February 6th 2012 | Auto
A comfortable, reliable and convenient travel can be achieved through Rent a Van Houston services. H...
 
Tips to Get Access to the Best Auto Mechanics in Midland
Published by Dandjautor on July 12th 2012 | Auto
Being one of the cities situated in the county seat of Midland County, the region is pretty famous f...
 
Exploring the Cat Back Exhaust Systems
Published by Edmund Brunetti on March 13th 2012 | Auto
Exhausts are an integral part of your vehicles. If you want your vehicle to have a significant boost...
 
Chevrolet Beat – a Stunning Hatchback
Published by Jameskenrich on December 7th 2011 | Auto
The Chevrolet Beat is a surprise for those who would like to buy a car that is compact, stylish and ...
 
Petrol or Diesel Cars?
Published by Urvi on December 13th 2011 | Auto
Diesel cars are often misquoted being slow and sounding noisy, both of which are assumptions based o...
 
Mobility Vans: Handicapped-Accessible Vans for Indiana Residents
Published by Thomas Wright on April 21st 2012 | Auto
Most people take a lot of things for granted in their day-to-day lives—being able to get out of be...
 
Truck Body Upfits and their Importance to Your Business
Published by Clorinda Disimone on March 21st 2012 | Auto
Truck body upfits is the overall term for any structure that is mounted on the bare chassis of a com...
 
Super Exotic Sports Cars - What You Should Know, Before Spending Any Money!
Published by Hiteshbhoi on December 6th 2011 | Auto
Exotic sports cars are the stuff of dreams. Many of us would love to have one, but most of us couldn...
 
Protect Your Car with Tailored Car Mats
Published by Dany on July 25th 2012 | Auto
It can be a tough job for to make the interior of your car clean and free from dirt. A number of com...
 
The 2013 smart fortwo is great for city driving!
Published by Jeorge Thomson on July 12th 2012 | Auto
If you live in the city of St. Catharines and you’re looking for a vehicle to get you from point A...
 
Upcoming Hero MotoCorp Passion Xpro in indian market
Published by Wilson Roy on August 3rd 2012 | Auto
Now ride with the wind, with your new Hero Motocorp Passion Xpro that has been manufactured by the w...
 
Lost in a Sea of Cars? What Indianapolis Car Buyers Can Do
Published by Leisa Dreps on March 28th 2012 | Auto
When you’re thinking about buying a car, it’s easy to lose focus because of the sheer number of ...
 
Five Things to Check to Buy the Right Used Car for You
Published by Ellsworth Mciltrot on April 19th 2012 | Auto
Some cars burn fuel faster than others, making it more challenging to determine with used car to pic...
 
Van Car Houston Takes Your Trip a Level Apart
Published by Elite Rental on January 30th 2012 | Auto
As easy and fast renting a car, van or truck can be, it is also important that the rental agreement ...
 
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...