03-08-2012, 10:54 AM
Indian Auto Industry
autoindustryanalysis.ppt (Size: 3.82 MB / Downloads: 61)
The Indian Auto Components Market
Original Equipment Manufacturers (OEMs)
Replacement Parts Production and Distribution : e.g. Air filters, oil filers and replacement lights
Rubber Fabrication : tyres, hoses, belts etc.
Estimated component market size is US$ 6.7 bn
The exports of auto components industry has grown at a rate of nearly 30 per cent CAGR over the last four years.
Second Hand Automobile Market
Used car market demand : 1.4 million cars annually
Market Structure :
Organized : 10%
Unorganized : 90%
Vendor Based – 30%
Direct Dealings – 70%
Certified used car dealers in India are – Maruti TrueValue, Honda Auto Terrace, Ford Assured, Toyota U Trust, Hyundai Advantage, Mahindra and Mahindra’s First Choice, General Motors - Chevrolet-OK
Unorganized market lacks services like -warranties, OEM equipments, insurance and taxes
Second hand market expected to grow at 12-15 per cent in the next five years to touch a robust 2.5 million units and a turnover of Rs 50 thousand crore
Estimations are that 50 percent of the used cars sales will be brought under organized car market by 2013