[Show Review and related data]
India International Auto Parts Expo is the largest motorcycle and automotive specialty show, one of which is the Indian automotive component manufacturing association, Federation of Indian Chambers of Commerce and Indian Automobile Manufacturers Association co-sponsored. First held in 1986, 1993, for the second, third 1996 and since then, the Indian Auto Show held regularly every two years.The show has developed into India's largest auto show in 2006 from 26 countries, more than 1150 companies participated in the exhibition, visit the more than 1.1 million business, professional visitors reached 13 million. Exhibition area of over 70,000 square meters, occupying 14 exhibition hall. 2008 exhibition area of 120,000 square meters Exhibitors: 2000 of which vehicle manufacturers: 53 Auto Parts: 1709 auto accessories, design and maintenance: 238, from 29 countries and regions. Order: $ 50 million; viewers: 1.8 million visitors: 13.5 million, of which 117 385 were domestic, overseas 17 615 people. Overseas visitors who are mainly large purchasing groups, managers, department managers, engineers, technicians, government officials, senior executives, policy makers, distributors and other professionals.
[Background] market
India is the world's fourth largest economic entity, the total national income in the world ranked 12. India's total population of 1.03 billion, about 2.5 to 300,000,000 middle class, more than the U.S. or the EU's total population, is rapidly developing consumer market, the main class. Since the nineties, India's rapid economic growth is expected in 2010, its average annual GDP growth rate will remain at 9%.
India is the world's largest motorcycle producer, also the world's second largest producer of two vehicles. India produces about 830 cars, is the world's fifth largest commercial vehicle producer.
India is Asia's fourth largest car market in the years 2004-5 an increase of one million cars.India's auto parts industry in recent years, annual production value of 30% to maintain high growth. An Indian car company predicts that by 2015 the Indian passenger car market in annual sales will reach 350 million units, the entire auto industry output will reach $ 20 billion. By then, India will become another emerging worldwide auto market.
In the WTO framework, India has relaxed or abolished the vast majority of trade, foreign investment and foreign exchange control, which is the world's multinational corporations, no doubt, is to open the door!
And early development of China's auto market trend is very similar to the Indian car market is now attracting more and more car manufacturers concerned. South Korea's Hyundai has benefited in the Indian market. To be able to find in this emerging automotive market to more return on investment, Japan, Europe, the U.S. car companies are to develop appropriate plans to enter the Indian market.
India International Auto Parts Expo is the largest motorcycle and automotive specialty show, one of which is the Indian automotive component manufacturing association, Federation of Indian Chambers of Commerce and Indian Automobile Manufacturers Association co-sponsored. First held in 1986, 1993, for the second, third 1996 and since then, the Indian Auto Show held regularly every two years.The show has developed into India's largest auto show in 2006 from 26 countries, more than 1150 companies participated in the exhibition, visit the more than 1.1 million business, professional visitors reached 13 million. Exhibition area of over 70,000 square meters, occupying 14 exhibition hall. 2008 exhibition area of 120,000 square meters Exhibitors: 2000 of which vehicle manufacturers: 53 Auto Parts: 1709 auto accessories, design and maintenance: 238, from 29 countries and regions. Order: $ 50 million; viewers: 1.8 million visitors: 13.5 million, of which 117 385 were domestic, overseas 17 615 people. Overseas visitors who are mainly large purchasing groups, managers, department managers, engineers, technicians, government officials, senior executives, policy makers, distributors and other professionals.
[Background] market
India is the world's fourth largest economic entity, the total national income in the world ranked 12. India's total population of 1.03 billion, about 2.5 to 300,000,000 middle class, more than the U.S. or the EU's total population, is rapidly developing consumer market, the main class. Since the nineties, India's rapid economic growth is expected in 2010, its average annual GDP growth rate will remain at 9%.
India is the world's largest motorcycle producer, also the world's second largest producer of two vehicles. India produces about 830 cars, is the world's fifth largest commercial vehicle producer.
India is Asia's fourth largest car market in the years 2004-5 an increase of one million cars.India's auto parts industry in recent years, annual production value of 30% to maintain high growth. An Indian car company predicts that by 2015 the Indian passenger car market in annual sales will reach 350 million units, the entire auto industry output will reach $ 20 billion. By then, India will become another emerging worldwide auto market.
In the WTO framework, India has relaxed or abolished the vast majority of trade, foreign investment and foreign exchange control, which is the world's multinational corporations, no doubt, is to open the door!
And early development of China's auto market trend is very similar to the Indian car market is now attracting more and more car manufacturers concerned. South Korea's Hyundai has benefited in the Indian market. To be able to find in this emerging automotive market to more return on investment, Japan, Europe, the U.S. car companies are to develop appropriate plans to enter the Indian market.