Indian Car Market: Transforming!
The Indian car market is booming. Of late the foreign companies have started getting aggressive with their plans in the Indian car market. New cars are getting launched frequently.
With the booming economy and rising purchasing power of the middle class Indians, the market offers lots of potential for auto companies that have stopped growing fast largely due to the mostly saturated markets of the developing countries. Foreign car companies have flocked to the Indian car market sensing a hugely potential and untapped market.
The competition in the car market is driving car prices low as well as resulting in better products for the consumers. Considering the huge population of the country, India still has a vast unexplored market for cars. The competition has also made Indian auto companies deliver their best. Of late we have seen some really cool machines from even Indian players like Tata, Mahindra & Mahindra and Maruti. Ritz is one of the latest cars from the stable of Maruti.

After the arrival of foreign car companies Indian car makers have done quite well and have proved their mettle. Of late Tata Motors has launched Nano, billed as the world’s least expensive car. The launch of Nano has generated free publicity worth millions of dollars for the company. It has generated interest all over the world like never before and highlighted the potentials of Indian car market and showed to the world the strength of the Indian cars. Nano is a fascinating car that symbolizes the might of the Indian car makers in the market where new cars by foreign companies are getting launched regularly. Other companies are also planning to come up with cheaper small cars for the consumers.
Some of the new cars launched in India include Maruti Ritz, Skoda New Laura, Tata Nano, Mahindra New Scorpio, Rolls Royce Phantom Coupe and Porsche New Cayman.
A major international player Fiat Motors also plans to foray into the small car segment. It has lined up premium small cars like the – 500, Bravo, Grande Punto and more. The company recently launched the stylish sedan Linea in India. The next product is likely to be Grande Punto,that is likely to appear in markets by the end of this year. Currently, the company markets small car Palio and Palio Stile in the country. The prices of all small cars from Fiat are likely to start from Rs 10 Lakh.
Indian car buyers have been extremely cautious about fuel efficiency and maintenance costs. It is unclear as to how consumers will react to each of these products, as all of then a strong network of service centers and dealerships. Apart from these models, more are coming to the market next years.
We invite you at “CarMania” to keep an eye on all the happenings in Indian car market along with the reviews and prices of different models. You are welcomed to contribute and help us in making this community even bigger, through your valuable comments on each of the news we bring to you. Also you may contact us to become a guest author at CarMania! Kindly let us know using our contact form.

