Auto Show Rajkot 2014 is comprehensively planned to provide the best possible chance for automobile manufacturers, auto components & business houses from around the globe to do more profitable business keeping in view the spectacularly growing Indian Automobile and auto-components industry:
The size of the Indian automotive industry is estimated between Rs 12009 cr. and Rs 15512 cr by 2016.
India is the 2nd largest two-wheeler market & 4th largest commercial vehicle market in the world.
11th largest passenger car market in the world and 5th largest bus and truck market in the world (by volume).
Envisaged to be the 7th largest automobile market by 2016, and world’s 3rd largest by 2030 (behind only China and the US).
The industry is expected to touch the 10 Lacs mark, to which the Commercial Vehicle Segment will be a major contributor. Industry experts peg the Indian Automobile sales growth at a compounded annual growth rate (CAGR) of 9.5% - 13008 Lacs vehicles - by 2010.
The Indian auto components industry has an estimated production of Rs 1000 cr and is expected to be Rs.4000-4500 billion by 2015.
Moreover, it gives chance to showcase among large number of visitors of The Big Show Rajkot 2014 as well, specialy meet the Industrial consumers.