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India Car Market Is Exploding

India is the 1th-largest motorcycle producer in the world, and the world's 2nd largest car producer, the 5th largest commercial vehicle producer and Asia's 4th largest passenger vehicle producer; there are 12 passenger-car factory, 9 5 dedicated commercial depots and Depot, 5 engine manufacturing plant, 12 motorcycle factory, 10, 4 a tricycle tractor factory. In the automotive market, Tata and Maruti Suzuki, Hyundai (India) sales in India 70% of total vehicle and motorcycle market is Hero Honda, Bajaj Auto and TVS by the three companies monopoly.

India 60% spare parts exports to Europe and the United States, has formed a nearly $ 3 billion auto parts export business. By 2015 India car market for passenger cars will reach 3.5 million vehicles a year or so, the auto industry production value will reach us $ 20 billion, expected in 2018, India will overtake Russia and Brazil "BRIC" in the second-largest auto market. India Automobile Manufacturers Association Pawan·geenka expected 4 years India's car sales surprisingly grew by 3 times. By then, India will become another emerging auto markets worldwide.