- Passenger Vehicle(PV)
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
- Tyre shop
Outlook For Automotive After Market in India : A Prospect for Wheel Alignment Machine in Baghpat
In terms of Vehicle Servicing & Tyre Servicing Industry. India is the Most Prominent Market with Third Largest Network of Roads in World.
India holds a strong position in the international heavy vehicles arena as it is the largest tractor manufacturer, second-largest bus manufacturer and third largest heavy trucks manufacturer in the world.
Uttar Pradesh has emerged as the top state in the country in the sale and registration of new vehicles in June. As per transport department data, of the total 9,67,502 vehicles register all over the country, 1,61,251 vehicles were registered in Uttar Pradesh in June 2020 After Lockdown, which accounts for 16.67% of the total sales in India
The $118 bn Automobile industry is to reach $300 bn by 2026. India’s annual production has been 29.08 mn vehicles in 2018 as against 25.33 mn in 2017, registering a healthy growth of 14.8%. India is to emerge as the world’s third-largest passenger vehicle market by 2021
Road travel is a Preferred mode of travel with over 60 percent of the population using personal or shared Vehicles for commute,
The industrial movement of goods through roads is on increase. As over two billion metric tons of freight transported through roads.
The total Indian aftermarket–which Frost & Sullivan considers to include services and parts sales at dealerships. And independent aftermarket including lubricants, tyres and batteries for all vehicle segments.
Ten billion US Dollars was the worth of Automotive Aftermaket
The automotive aftermarket sector clocked 16 percent
With the passenger car aftermarket growing at 18-20 Percent.
ICON has Strong Sales & Service presence for Wheel Alignment Machine in Uttar Pradesh.
Are You interested in Installing Wheel Alignment Machine in Baghpat ?
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