Economical
2
Investment in Infrastructure spending can boost the vehicles segment. Growing working population (441 million people in 2015/16) Middle class expanding by 30 - 40 million every year The availability of car loans, affordable rates of interest, smooth repayment facilities and the deductions offered to the customers by the retailers. Increase in crude oil price($ 35/barrel to $ 70/ barrel Within 1 year. Non-availability of Key raw material (like
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Investment in Infrastructure spending can boost the vehicles segment. Growing working population (441 million people in 2015/16) Middle class expanding by 30 - 40 million every year The availability of car loans, affordable rates of interest, smooth repayment facilities and the deductions offered to the customers by the retailers.Increase in crude oil price($ 35/barrel to $ 70/ barrel Within 1 year.Non-availability of Key raw material (like Steel) at cheap price.Recession
FDI’s:
In India FDI up to 100 percent, has been permitted under automatic route to this sector,
which has led to a turnover of USD 12 billion in the Indian auto industry and USD 3
billion in the auto parts industry
