The cars from China are the best in the industry but it should not come as a surprise that the Indian cars are outselling them. And remembering the booming demand for the Indian cars in the American market, it will not be a wild guess to mention that the Indian car market has a reason to celebrate, not only because it was able to beat China in the race to sell more cars, but also because Indian car market seems to have little affected by the economic slowdown and it was even able to shrug off any signs of it and emerge out of the soaring condition with utmost strength.
The hard-to-digest fact is that India has exported more cars, around 2.30 lakh, between January and July this year, while China has exported only 1.65 lakh. The numbers are still growing and the reason could be many.
The Indian domestic mark is less than 20 per cent of the car market of China, to be very precise just 19 per cent, and it is very surprising and at the same time welcoming to see the rise in acceptance for the Indian cars in the global market.
A few of the many reasons that have constituted for this great change is the ever-young small car market in the country, which is accepted worldwide for its class, reliability and of course a price tag that is much cheaper than many others. The labour charge is also comparatively less in the country. When the small car market has worked favourably for the growth of export in the country, the big car market, which was hit hard by the recession, has worked against China, which deals most with the cars from this segment.
The hard-to-digest fact is that India has exported more cars, around 2.30 lakh, between January and July this year, while China has exported only 1.65 lakh. The numbers are still growing and the reason could be many.
The Indian domestic mark is less than 20 per cent of the car market of China, to be very precise just 19 per cent, and it is very surprising and at the same time welcoming to see the rise in acceptance for the Indian cars in the global market.
A few of the many reasons that have constituted for this great change is the ever-young small car market in the country, which is accepted worldwide for its class, reliability and of course a price tag that is much cheaper than many others. The labour charge is also comparatively less in the country. When the small car market has worked favourably for the growth of export in the country, the big car market, which was hit hard by the recession, has worked against China, which deals most with the cars from this segment.
Labels: Chinese-Cars, Indian-car-market, Small-Car
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