The Indian automotive industry has emerged as a 'sunrise sector' in the Indian economy. India is being deemed as one of the world's fastest growing passenger car markets and second largest two wheeler manufacturer. It is also home for the largest motor cycle manufacturer and the fifth largest commercial vehicle manufacturer. India is expected to become the third largest automobile market in the world.
By 2020, the luxury car segment is estimated to be around three per cent of the overall passenger car market in India. So, there is huge opportunity for growth. India is going to be one of the biggest markets for us, worldwide, according to Tomas Ernberg, Managing Director, Volvo Auto India.
After the grand success of CII Gujarat Auto Show 2014, Confederation of Indian Industry (CII) is organizing 2nd edition of “CII Gujarat Auto Show 2017 on 12-13-14 October 2017 at AES Ground, Near Helmet Cross Road, Ahmedabad.
The exhibition shall be a trend setter to create a niche market segment for exhibitor of displaying their Luxury Vehicles and Lifestyle Products to new segment of customers and general public.
India is the largest base to export compact cars to Europe. Moreover, hybrid and electronic vehicles are new developments on the automobile canvas and India is one of the key markets for them. Global and Indian manufacturers are focusing their efforts to develop innovative products, technologies and supply chains.
The Automotive Mission Plan (AMP) 2006-2016 aims at doubling the contribution of automotive sector in gross domestic product (GDP) be taking the turnover to US $145 billion in 2016 with special emphasis on export of small cars, multi-utility vehicles (MUV's), two & three wheelers and auto components.
1st edition of the Gujarat Auto Show 2014 was a very successful event, brought together leading players from across the automobile industry, OEM’s, auto components, auto ancillary manufacturers, after sales services & accessories companies.
The Indian small and light commercial vehicle segment is expected to more than double by 2015-16 and to grow at 18.5 per cent compound annual growth rate (CAGR) for the next five years, according to a report titled, 'Strategic Assessment of Small and Light Commercial Vehicles Market in India' by Frost & Sullivan
Gujarat is marching ahead on its way to become the most favored destination for the automobile manufacturers to invest, it is estimated that the Sanand-Hansalpur-Vithalapur belt is likely to have installed annual car manufacturing capacity of 1.46 million vehicles and around three million two-wheelers in the coming three to four years.
CII Gujarat 2nd Auto Show 2017 is being organized at the opportune time of the year and will provide excellent opportunity to OEM’s and auto components and ancillaries manufacturing units to showcase the latest in models, technology andservices
*This list is illustrative
RELIANCE, ONGC, ESSAR, L&T, KRIBHCO, GAIL, SHELL, NIKO, NTPC, ABG Shipyard, IOCL, HPCL, BPCL and many more...