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Follow on Google News | Multipurpose Vehicles Set to Escalate India Commercial Vehicles MarketGrowing at a CAGR of around 24% during 2011-12 and 2014-15, the multipurpose vehicles will provide a significant boost to the Indian Commercial Vehicles market, says RNCOS in its latest research study.
By: Shushmul Maheshwari Our report also provides insights on the ways by which the multipurpose segment is receiving impetus from the increasing export figures as well. The increasing trust of international markets in the durability and cost-effectiveness of Indian manufactured vehicles is propelling the industry to new heights. Moreover, numerous international companies are looking forward to enter India for the purpose of setting up their manufacturing units and capitalizing at the potential markets in and around the country. Another growth factor for the segment and the overall automobile industry includes the government support and regulatory initiatives. Through prudent and in-depth analysis, we have covered all the major segments of the commercial vehicles market, including utility vehicles. Each segment provides information regarding the current market scenario and forecasts for production, sales, and export figures for the next four fiscals. Additionally, the report covers the description of the key players in the market along with all their prominent recent developments. Our report, “India Commercial Vehicle Market Analysis” also provides a rational analysis of the reliable statistics of the market. Above all, it covers market trends, industrial developments, and regulatory environment to enable clients understand the market structure and its progress in the coming years. For FREE SAMPLE of this report visit: http://www.rncos.com/ Check DISCOUNTED REPORTS on: http://www.rncos.com/ # # # RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner. End
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