Environment-friendly Attitude Intensifies CNG Vehicles Demand in India

Eco-friendly approach is encouraging the Indian people to prefer CNG vehicles as increasing number of automobiles on road are adding to air pollution, which is already at a high level, says RNCOS.

Noida, India (prHWY.com) January 6, 2012 - In India's metropolitan cities, automobiles have emerged as a critical source of air pollution. The rapid urbanization is adding to the problem with a tremendous increase in the number of motor vehicles. According to a new research report "India CNG Vehicle Market Analysis" by RNCOS, people are now more aware of their surroundings, and in an attempt to reduce air pollution, they are shifting preferences to CNG vehicles. The demand for CNG vehicles has been witnessing a rapid growth for the last few years, owing to the fuel's inherent advantage in reducing pollution.

In the last one decade, the vehicle fleets have even doubled in some cities. The increasing number of air pollutants supports the growth of CNG as fuel in vehicle. Even the use of CNG-kits in vehicles has led to a considerable reduction in air pollution. According to the report, the CNG kit market is expected to witness a CAGR of around 22% during FY 2011 to FY 2014.

The report by RNCOS provides an extensive research and detailed analysis of the current status and expected position of the CNG vehicle market in India. It also facilitates the forecasts on CNG-powered cars, three-wheeler, light commercial vehicles and buses during 2011-2014. The analysis of the CNG kit market along with the recent developments has also been included in the study to present a balanced outlook on the potentials of the Indian CNG vehicle industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM359.htm

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Check Related REPORTS on: http://www.rncos.com/Transportation.htm

About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: bajaj auto ltd

Categories: Automotive

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