India to be worlds 3rd largest automotive market by 2016 Awadhesh Kumar 07:53 Awadhesh Kumar As it remains to be eminent fact about our country progressing into the various spheres of life. We are confidently stepping down in the numerous walks of life, making a striking balance and moving forward teaching some and learning a lot in our journey to success and evolution.The automotive sector is one such big instance where our country has been able to prove its worth, set its goals well and gathered a lot of recognition and stand at an altitude among st the entire people across the globe. India would become the third largest automotive market in the world by the upcoming year of 2016 while competing and leaving behind countries like Japan, Germany and Brazil, being proud of its domestic automotive sales. While the economic expansion susceptibility and inferior opinion resulted in making the market a little sluggish back in the year 2012 and 2013, however India is projected to recover sturdy growth tendency now with numbers that would never make us look back again. It remain a fact about Indian being the seventh largest producer in the world, while on an average producing around 17.5 million vehicles in a year. As we are going towards the end of the current year 2015, we would be termed as the 4th largest automotive market in the entire world, competing with the most renowned and established markets. There aremany countries like Japan, USA, Germany, Italy, France, Korea etc. alreadybelieve in our potential and invested in us big time, showering their trust andvalue to produce the best possible offerings. There is a lot of incentive andduty free deals and offers recommend by the govt. of our country to promote thetrade in the automotive world, promoting it like never before! Twitter Facebook Google Tumblr Pinterest
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