Thread Starter
#1
Friends,
India is a big and rapidly growing market for global automotive brands. With the recent unfavorable developments various brands have come under the scanner of the authorities here and the authorities are planning severe actions against them. With the large scale publicity done about the faulty emissions the authorities plan to place a ban on the sale of many models/brands existing at present in India. The later half of 2015 has shook the automotive sector in India to a great extent and people here are now having mixed feelings. Emissions being just one reason, there are issues of safety as well and other health hazards too. So, with such severe policies being planned, what according to you all would be the future of our automotive sector in the coming years? Will the banning of brands/models lead to scarcity of choices which in-turn would make fuels like Petrol and Hybrid more popular and would certain mass-market brands charge a hefty premium on their cars and ultimately burn a big hole in the pockets of buyers? In short, do you see the future of Indian Automotive Sector as customer friendly or will it be increasing the burdens on the buyers? Also, will the banning of brands from India would solve the issue here or is it just a stop gap arrangement for few coming months/years?
Request all the members to pour in your valuable insights on how do you perceive the future of our automobile sector? Basically, the sections to be covered in the thread is 4-wheeler and Multi Axle vehicles running on Indian roads.
Regards
Akash
India is a big and rapidly growing market for global automotive brands. With the recent unfavorable developments various brands have come under the scanner of the authorities here and the authorities are planning severe actions against them. With the large scale publicity done about the faulty emissions the authorities plan to place a ban on the sale of many models/brands existing at present in India. The later half of 2015 has shook the automotive sector in India to a great extent and people here are now having mixed feelings. Emissions being just one reason, there are issues of safety as well and other health hazards too. So, with such severe policies being planned, what according to you all would be the future of our automotive sector in the coming years? Will the banning of brands/models lead to scarcity of choices which in-turn would make fuels like Petrol and Hybrid more popular and would certain mass-market brands charge a hefty premium on their cars and ultimately burn a big hole in the pockets of buyers? In short, do you see the future of Indian Automotive Sector as customer friendly or will it be increasing the burdens on the buyers? Also, will the banning of brands from India would solve the issue here or is it just a stop gap arrangement for few coming months/years?
Request all the members to pour in your valuable insights on how do you perceive the future of our automobile sector? Basically, the sections to be covered in the thread is 4-wheeler and Multi Axle vehicles running on Indian roads.
Regards
Akash