The Indian Commercial Vehicles Market Scenario

Studies have revealed that in the post-independence period; India has seen a consistent and speedy growth rate of the commercial automobile industry. There are numerous commercial automobile manufacturing industries flourishing in India and have also faced cut-throat rivalry in this competitive market scenario. The buses and trucks have the widest market base in India and statistics have revealed India to be one of the fastest growing markets in this segment. India manufactures heavy automobiles, heavy multi-axle trucks and light weight commercial vehicles.Owing to the auto policy prevalent in India, manufacturing companies have always strived towards making the country a globally competent automobile and automobile components manufacturer. Ranging from cheap passenger cars to heavy duty durable vehicles, as a manufacturer India aims to be self-sufficient and a global centre of manufacturing.

Indian Automotive Components: In spite of many big players belonging to the international market, India has established itself as one of the leading suppliers of automotive parts and components, especially in the sub-continent itself. Moreover, there is a massive range of motorcycles, light motor vehicles and parts are also manufactured by the country besides light motor commercial vehicles, tractors, medium and heavy commercial buses and much more.

Popular Indian Commercial Vehicles: Trucks form the majority of the demand for commercial transport of goods across India; it is like the lifeline that connects and runs all trade activities. Companies like Maruti-Suzuki, Tata Motors, GM, Toyota, and Hyundai are the popular brands that have contributed to the production of automobiles in India and continue to expand their production units for greater production in the years to come. Tata motors itself is known to have manufactured over 130 models catering to both Indian and international markets.

International Players in the Market: Apart from the many Indian makers, international makers like Volvo, Hino Motors, Kamaz Vectra, Daimler AG etc. have also entered the Indian market and have been performing pretty well. Successful harvest of agricultural crops in the past few years have led to an increase in the demand for commercial vehicles for moving goods on a pan India basis.

Renting and Buying Commercial Vehicles: Commercial vehicles can be required for a variety of stuff. Depending on whether you own a business or plan to establish on or simply use one for shifting and transporting goods on a temporary basis, commercial vehicles can be utilised. When buying vehicles for business purposes, it is best to take into consideration one’s budget and all other factors before making such an investment.

Online Auto Market: The growth of technology has also played an influential role in the automobile market. Many online and classifieds portals offer its users the opportunity to buy and sell all sorts of goods by posing free ads online. Present in over all the cities across India, one can post city based ads such as classifieds for commercial vehicles available for sale Hyderabad, second hand bikes and cars Mumbai, buses Hyderabad, auto components and parts sellers Bangalore etc. One can even opt for renting commercial vehicles and find agencies offering rental services.