The year 2017, is the most interesting year for Indian Auto Industry in terms of forecasting. The recent macro economy indicators are negative impact except for Agriculture sector but market sentiments are positive.
This report is useful for Business Planning, Product Planning, Sales Strategy and other critical decision.
The industry is going through critical phases like the first demonetization, then Emission norms BS IV now GST and then BS VI implementation.
There are short term, Medium-term and Long-term impact of all these changes. The other industry regulation like The Real Estate Regulation Act, Act on NPA issue, Employment, Inflation, Oil Prices, Electric vehicle, New Product Launch, Smart City, Public transport system, RBI credit policy, Monsoon, Technology, GDP growth, Industries like Cement, Steel, Manufacturing, Mining and other key parameters will shape Auto Industry.
All factors will have the different impact on demand volume of Auto Industry. Demand volume is divided into different phases.
We have released revised forecast data till 2030 of Sales and Production for every segment separately:
- Passenger Vehicle: Cars, SUV, MUV, Premium, Luxury, and Sports segment.
- For Commercial Vehicle: Rigid Truck, Tipper, Small Truck, Mini Truck, Light Truck, Medium Truck, and Heavy Truck, Budget and Premium truck category.
- Two-Wheeler: Economy, Premium, and another category
- Three-Wheeler: Passenger and Goods Vehicle
- Agricultural and Construction Equipment demand forecast.
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