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| Indian market – share by manufacturer: |
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| Analysis - MPL based on SIAM statistics, cars, SUVs, MPV, & vans |
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| Indian Automobile Industry today.. |
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2nd largest Two-Wheeler manufacturer in the world |
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World's largest Motorcycle manufacturer is in India |
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2nd largest Tractor manufacturer in the world |
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5th largest Commercial Vehicle manufacturer in the world |
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4th largest Car Market in Asia - one million plus vehicles |
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Domestic market > 1 million/a for the first time in 2004/5 |
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Domestic market will grow to > 2 million cars / annum by 2010 |
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India to become small car manufacturer to export hub
Hyundai,
Suzuki with 1 million car/annum by 2010. |
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Taxation regime favors small cars in India
budget 2008 reduced excise duty for small cars to boost market |
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Upgrade of market value - larger, more luxurious cars |
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| Car production in India - SIAM statistics and industry projections: |
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Approach of MPL |
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Work closely with OEMs and Tier1’s |
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Dedicated development by R&D and Q&A |
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To be present locally to support OEMs |
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Win application via competitive price |
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With running business, competitive pricing |
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