We know the automotive industry as the largest manufacturing sector in the world. There was the use of imported vehicles before independence. First, this industry-focused on dealerships, servicing, financing, or maintenance. After independence, they made new cars in India. It has become a dominant sector in India. Many Indian automakers launch new cars every year.
Many international car brands now manufacture and market their vehicles in India. The country now ranks fourth in the world for automotive sales.
The government's initiative of making Made in India products has led to the production of many automobiles in India by leading brands.
Indian & Foreign Car Brands
Mahindra, Tata Motors, Maruti Suzuki, and Mahindra & Force Motors are some of the leading car brands. Many brands have foreign tie-ups as subsidiary companies such as Kia Motors, MG Motor, Honda Cars India, Jeep India, Hyundai India, Ford India, Renault India, Isuzu Motors India, Nissan Motor India, Toyota Kirloskar Motor, Volkswagen India, and Skoda India.
Automakers such as BMW India, Mercedes Benz India, Lexus India, Audi, and Porsche India produce premium vehicles. The new cars from foreign brands are more costly than local brands. Foreign or local car brands launch automobiles in different segments.
Different Segments
Tata Motors focuses on sedans, hatchbacks, electric vehicles, SUVs cars. The Mahindra and Mahindra focus on the SUVs & MUVs segment. Maruti Suzuki India is the leading brand of India that launches vehicles in multiple sections such as hatchbacks, MUVs, SUVs, sedans, and compact SUVs. The Force Motors produce commercial and MUVs.
The primary focus of Kia Motors is on MPV & SUVs. MG Motor has focused on SUVs. Honda cars come with sedans, hatchbacks & SUVs. Hyundai India provides Hatchbacks, sedans & SUVs. It has the second largest share in India.
The American automaker Jeep India focuses on SUVs in the market. The other international brands provide cars in specific segments. Buyers get these cars at various prices. The Indian brands are known for Indian market trends so they launch cost-effective vehicles in India.
Prices
The subsidiary's car brands launch vehicles with advanced features. They are not cheap, however; they loaded their cars with features. They use the technology of international standards. Our local brands also use the latest technology and focus on comfort, performance & certification quality. The vehicles are from global brands and are high in price because they have CBUs (Completely Built-Up) & CKD's (Completely knocked down) units.
Buyers always follow new trends before they buy new cars. It also changes in demand every year. Users can buy cars of any brand because there are many offers on new vehicles. They can easily take loans or EMI and other offers at road prices. It becomes easy for buyers to purchase any model.
New cars with the latest technology are also available from local brands. These brands come with cost-effective offers and the latest features. Buyers can easily purchase automobiles according to their needs. There are lots of varieties available in the market. It becomes easy for buyers to buy cars from any brand.
Conclusion
It becomes easy for Indian buyers to purchase cars from any brand. Most domestic brands offer the same features as foreign brands. It depends on the demand of the public. Many users give priority to buying cars from Indian brands because they are best in features and affordable.
