The Indian economic conditions have improved over a period of years owing to the stabilized political scenario in the country. GDP growth is on the rise and has been supported by external factors such as sharp decline in prices of commodities including crude oil. However, the sharp slowdown in retail transactions during November and December 2016 period due to demonetization impacted manufacturing sector which included automobile production in India. The effect of this slowdown is expected to impact LV production for Q4 2016 and Q1 2017. The situation is expected to improve over the next quarters owing to the new product launches scheduled in 2017 and also as the effect of demonetization wears off.
The report looks at the overall Indian automotive supplier industry covering suppliers and component outlook. The report also determines the key growth areas, drivers and road blocks for the supplier ecosystem and analyses their impact in the near future.
It also shares insights on the light vehicle sales and production along with key trends seen in light vehicles penetration in India.
The report will answer the following questions:
The report will offer insight on the following points about the Indian automotive supplier market:
India’s economic scenario
Overview of India’s LV sales and global position
Trends in Indian LV segment
Top-five LV manufacturers in India
India’s LV exports and forecast
Automotive supplier industry challenges and opportunities
Major component outlook
Staying abreast of automotive sector/topic-specific developments, trends, and competitive activity can be time-consuming. With many sources available, it is often difficult to find critical and reliable market information that stakeholders of the automotive industry need. Conducting business analysis, product, or market strategy assessments without validated market data is risky.
AutoTechInsight provides the ability to access the wealth of recognized thought leadership, data, and analysis from IHS Automotive on a broad spectrum of industry topics and sectors. AutoTechInsight offers a lens into more than a dozen vehicle component categories. Each service provides the insight you need to anticipate future demand, access competitive intelligence, and stay abreast of changing dynamics.
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