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India is expected to become the world's third largest auto m

According to India's "Economic Times" reported: rely on the rapid increase in domestic car sales India is expected in 2016 exceed Japan, Germany and Brazil will became the world's third largest auto market. In addition, India's light vehicle production in 2020 is expected to reach 7,000,000.
IHS company indicated that : as global economic downturn, high fuel costs, limit line cities influence and other factors ,the world's premier automotive market needs has declined, so more attention should on China, India, Brazil, Russia and other countries that  launched a growing middle class group. Despite weak economic growth result in automotive market in 2012 and 2013 slowed down, but India is expected to regain momentum from the 2014 preliminary. 2012, China, the United States and Japan, the top three highest in the world car market, India, Brazil and Germany ranked sixth. Car needs will affect many other jobs, and its importance to India is clear. Began in mid-September 2012, economic reforms have construction a very good market environment for India car and abroad car companies. Terms of production volume in 2020 India is expected to go beyond Germany, and Brazil, jump to fourth place in the world . In fact, Indian car market increase will not be only limited to the usual models, the favorable market environment in India also attracts luxury and high-end car manufacturers. The second quarter, high-end car manufacturer in India has received a double-digit increase. Followed by the commencement of the Indian economy.IHS company pointed out that as poor infrastructure, India can take longer to conclude the hour expand by leaps and bounds, but it just a matter of time.
 

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