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Light Commercial Vehicles Statistics
Indian automotive industry has been going through a healthy phase over the last few years. At present, the domestic market share is dominated by two wheelers, followed by passenger vehicles, commercial vehicles and three wheelers. A number of Indian automobile firms have now mastered the art of manufacturing sophisticated light commercial vehicles and heavy commercial vehicles along with cars of varied segments.
Automobile companies, like: Tata Motors, Mahindra & Mahindra, Ashok Leyland, Swaraj Mazda and Eicher are manufacturing high performance delivering LCVs. The LCVs produced by these companies are not only sold in India but are also exported to various foreign markets as well. Light commercial vehicle statistics indicate that the production of these vehicles will continue their phase of decent growth in the coming years as well. A graphical representation of the trend of LCV production will help you to get a better insight about the present situation of these vehicles in the country.
In the last few years huge amount of investments have been made in the automotive industry. With more global players getting interested in the Indian automotive industry, these investments are supposed to increase even more in the near future. Most of the leading LCV manufacturers in the country are emphasizing on better research and developmental activities and efforts are being given to provide efficient after sales service to the customers. Light commercial vehicle statistics suggest that the domestic sale of these vehicles will increase at a commendable rate. A graphical representation of the domestic sale of light commercial vehicles in India from 2001 to 2007 is given as follows:
In the recent decades there has been a significant rise in the number of LCVs exported to various nations of the world. The Indian LCV manufacturers are now utilizing advanced engineering skills to develop world class vehicles that can give tough competition to the LCVs produced by the auto giants, like: General Motors, Ford, Toyota etc. As per the light commercial vehicle statistics, the export of these vehicles will grow in the following years. Export trend of light commercial vehicles from 2001 to 2007:
To know more about LCVs and matters related to automobile, browse through the pages of, automobileindia.com.
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