Infrastructure Development Elevating Indian Commercial Vehicle Market

The overall infrastructure development is giving a significant boost to the Indian commercial vehicle market, which has been expanding at a phenomenal rate.

Noida, India (prHWY.com) February 25, 2012 - For the last few years, the Indian commercial vehicle market has been growing at a rapid pace. According to a recent research report by RNCOS, the country's improving infrastructure is among the key factors driving the Indian commercial vehicle industry. The Indian government has also been laying emphasis on enhancing transport infrastructure that is expected to give a further boost to the industry in the coming years. It is expected that continually developing infrastructure in the country will help the market reach new heights.

The report, "India Commercial Vehicle Market Analysis", says that replenishing economy, increasing public & private spending on infrastructure development and higher penetration of financing facilities will continue to support the growth trend in the Indian commercial vehicle market in the coming years. The sales of Indian commercial vehicles, especially light commercial goods carriers, are reaching great heights in both domestic and export markets. As per the analysis, carried out in the study, LCV goods carrier is one of the fastest growing commercial vehicle segments that is anticipated to post sales growth of around 20% during FY 2012-2015.

The 80-page research report provides an in-depth research and rational analysis of the commercial vehicle industry in India. The study facilitates information on production, sales, exports and key players for each segment, be it medium and heavy commercial vehicles, light commercial vehicles or three-wheelers. It also covers emerging trends, recent developments, and competitive landscape of the industry to help clients understand the market structure, its dynamics and progress in the coming years. The study also includes regional analysis, wherein it was found that South India leads the country in terms of commercial vehicle registrations. The technological developments have been studied specifically and carefully in the comprehensive research to portray the industry's clear picture to every investor or player who is looking to enter the market.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM259.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: lcv goods carrier

Categories: Automotive

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