Transportation News and Press release service

Home > Transportation News
  • Aerospace News
  • Air Services News
  • Airlines News
  • Auto Dealership
  • Auto Manufacturers
  • Auto Parts News
  • Railroad News
  • Shipping News

    Watch Transportation News Video


  • India – LCVs to Capture 47% Commercial Goods Carrier Market

    (EMAILWIRE.COM, December 08, 2008 ) New Delhi, India - According to our new research report, “Indian Automobile Sector - A Booming Market”, LCV production in India is expected to take off in a big way in coming years. In fiscal 2007, high demand for LCVs in both domestic and international markets raised the total production of commercial vehicles despite a fall in medium and heavy segments during the same timeframe.

    Indian LCV manufacturers are mainly targeting South Asia, the Middle East and Africa to sell their finished products as these regions are demographically similar to India. Thus, LCVs, which are made keeping Indian roads in mind, will face lesser difficulties in acceptance by people and perform in these regions. Moreover, LCVs could be utilized in the regions for other mode of goods transportation as well due to their body size. Besides, these regions are undergoing massive infrastructure development, creating large potential opportunities for commercial vehicles, especially the lighter ones as lower import rates are charged on LCVs, says the RNCOS research.

    Sensing the growing demand of LCVs in export markets, Indian manufacturers have raised the share of LCVs to 47% in total production of commercial goods carrier (as of 2007-08).

    “Indian Automobile Sector - A Booming Market” provides a detailed study on all important auto segments of the Indian auto sector such as LCVs, HCVs, passenger cars and two-wheelers along with auto component market. It also studies factors pushing growth in the market, like consumer groups and steel industry, and tracks market developments to identify opportunities in various verticals.

    The past and current data given in the report is supplemented by forecast on key segments of the Indian auto industry, like premium for passenger cars, auto steel demand, automobile production, structure of automobile production, passenger car stock and sales of passenger cars and commercial vehicles.

    About RNCOS:

    RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today's globally competitive environment.

    We are running a special offer on select reports till Year end, where you can avail our reports at discounted prices. Please click here to know more: http://www.rncos.com/promotion.htm

    For more information visit: http://www.rncos.com/Report/IM526.htm
    Current Industry News: http://www.rncos.com/Blog/

    RNCOS
    Shushmul Maheshwari
    91-11-4214-1229
    publisher@rncos.com

    Source: EmailWire.com

    Transportation Resources

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2007 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    EuropeNewswire.net - Newswire and Press Release service of GroupWeb Media LLC