| According to our research report "India Commercial | | | | of manufacturers in coming years will launch their |
| Vehicle Market Analysis", the Indian utility vehicle | | | | new models in this segment, which will further inflate |
| market has seen some rapid developments over the | | | | demand. |
| last few years. The need of employee transportation | | | | |
| facilities in booming IT and BPO industry has infused | | | | "India Commercial Vehicle Market Analysis" is an |
| demand for utility vehicles. However, the utility | | | | outcome of extensive research and thorough analysis |
| vehicle sales fell in 2008-09 amid economic slowdown. | | | | of the burgeoning commercial vehicle industry in India, |
| | | | | including utility vehicles and multipurpose vehicle |
| The sales figures improved substantially in 2009-10 | | | | segments. The report also discusses market |
| with the recovering demand from corporate and | | | | structure, current and past market performance and |
| public sector enterprises as well as improving credit | | | | factors critical to the success of the commercial |
| facilities. We anticipate that this trend will continue in | | | | vehicle industry in India. We have also identified all the |
| future, and the sales will grow at a CAGR of around | | | | key players in the Competitor Analysis section of the |
| 9.1% during 2010-11 to 2013-14. | | | | report. The section talks about the business profile, |
| | | | | strategic moves and recent developments of the |
| The report has found that seven-seated utility | | | | leading players. |
| vehicles are currently dominating the overall demand. | | | | |
| In 2009-10, this segment captured over 50% market | | | | Most importantly, the report has also given the |
| share of the entire utility vehicle sales. Most of the | | | | industry forecast based on correlation of past |
| seven-seated utility vehicles sold in India can perform | | | | drivers, challenges and opportunities for expansion. In |
| better off road. Hence, most of the power and | | | | this way, the report presents a complete and |
| performance-driven (especially the young) population | | | | coherent analysis of the Indian commercial vehicle |
| prefers these vehicles. It is expected that majority | | | | industry and will prove decisive for clients. |