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What are the groath factor of Automobile sector in last 2 quarter.

Created by : Mani Kant Mishra, SBU/Profit Center Head, FOR CLOSEED GROUP  | 10 05 2009 09:15:31 +0000
Industry : AutomobileFunctional Area : India(Markets)
Keywords : marketing strategy. automobile
Activity:  200 views;  last activity : 07 06 2010 20:18:09 +0000

In last two quarter there is very high growth in automobile & auto ancillary sector. Is it due to govt.'s support or due to some other reason?

  
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Tax related benefits & norms to obsolete 15 years older vehicle by different state govt. are the main reason behind this growth. Growth of other sectors like power & manufacturing sector is also helping auto sector to grow.
By Mani Kant Mishra, SBU/Profit Center Head, FOR CLOSEED GROUP  10 05 2009 09:15:31 +0000
 
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I agree with Mr.Mani. Benefits given by the government is the main reason for the growth in sectors like power & manufacturing sector.
By Kailash Sharma, Product Development Manager, Force Motors  | 10 05 2009 13:13:01 +0000
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