Major Players in the Automobile Sector
All those people who are crazy about speed, automobile are indeed a prized possession for them. With the increased number of car and two wheeler loans and finance schemes available in today's market, it is not that difficult to purchase the same. However, if you have already decided to purchase a vehicle, then before the act of purchase, do get to know something about the key players who dominate this market.
In the two- wheeler segment, the biggest player in India is hero honda. A joint venture between the famous Hero group of India and Hondagroup of Japan, it has the record of producing 1.3 million motorbikes in a single business year in its kitty. All its products are known to be user friendly and fuel efficient.
Most popular two- wheelers produced by this company include the likes of Glamour, Karizma, splendor, CD Dawn, Passion and Passion plus.
Next we have Bajaj Auto, which is known to be worlds third largest two as well as three wheeler manufacturing company. It offers enormously popular bikes like CT100, Platina, Discover, Pulsar, Pulsar DTS I and Avenger DTS I. All its products are popular for their mileage offerings and attractive looks.
In the four wheeler segment, the most reputed Indian global brand is Maruti Udyog, a joint venture between SuzukiMotors, Japan and the Government of India. It is a listed company and is credited for producing and subsequent selling of more than one million cars in a financial year. It is the largest producer of four wheeler automobiles in the entire south Asia. Its popular products include Maruti 800, Maruti 1000, Omni, Esteem, Alto, Wagon -R and Zen.
Next in this segment, we have the world famous Tata Motors. India's biggest automobile company, Tata Motors has an annual turnover of more than Rs. 24,000 Crores. It primarily produces passenger vehicles, multi utility vehicles and sports utility vehicles. Some of its popular products are Sumo, safari, indica, Indigo and Indigo Marina with their respective variants. Recently, it has also ventured into the bus market by producing the luxurious Tata Star bus. The company currently is working on its ambitious plans of launching a Rupees one lakh car. It exports its automobiles to countries in the middle-east, Africa and Eastern Europe. Browse more through www.automobileindia.com to know more on the Indian automobile scenario.