Lighting is a very important component in most automobiles. IT plays a very important role in the safety and the determination of risk factors.
May 13, Edited excerpts of an interview: The two-wheeler industry has grown phenomenally over the past few years and recent surveys clearly show that every third home in India has a two-wheeler.
Last year, India was the leading two-wheeler economy globally with The scooter segment has seen strong pick-up with both the rural markets as well as the export front booming. In two-wheeler segment, scooters remain the segment to watch out for as a large base of customers are expected to migrate to premium models over time.
Such strong growth in the primary segment of our presence has helped drive these results and will continue to do so. How do you see credit demand shaping up? According to CRISIL, the share of non-banks in the credit pie is expected to increase by basis points in three years.
Credit penetration in India is low as compared to other economies. On similar benchmarks, the non-bank finance penetration in India is even lower. With economic growth gathering pace, it is safe to assume that NBFCs will grow even faster.
From a credit demand perspective, we expect an uptick in demand driven by improvement in macro-indicators and prediction of normal monsoons this year.
The improvement in physical infrastructure along the rural belt construction of roads etc. Rising rural consumer confidence and moderate inflation are catalysts for credit demand growth.
From an on-going perspective, the NBFC segment in India continues to see an up-trend in growth and performance, especially on the back of retail credit off-take and recent regulatory changes that culminated around recognition of NPAs.
This year will be a pivotal year for this industry as it navigates the aftermath of demonetization and the impact of GST on businesses and customers. With underlying business growth expected in key segments like auto, housing finance etc, the industry is likely to be on a growth trajectory.
While NBFCs would continue to do well in their traditional stronghold of retail finance, according to industry analysts, they are seen growing fastest in the wholesale finance segment as well, which would provide a trigger to their overall credit growth.
Like I said, Vehicle finance has seen an up-trend on the back of robust auto sales, especially around rebound in the 2 wheeler segment that has seen steady demand emerge from buoyant rural demand, on the back of strong monsoon and increased investments in rural infrastructure, roads and improved industrial activity.
This year too, Monsoon is projected to be normal-to-good. Overall economic indicators as well as sentiments are on a robust up-tick and we see steady positive demand over the next few quarters that will see credit demand across most categories.
You seem to have cracked rural penetration India is a smorgasbord of multiple markets, each with its cultural and social milieu.Over the last decade the two-wheeler industry has been one of the highest value creators, recording annualised shareholder returns of over 40%.
One of the chief drivers of this value creation has been the strong sales growth, which has sustained at over 15% over the last five years. The Global and North America Two Wheeler Lighting Market report is a compilation of quantitative and qualitative estimation by industry analysis, industry contender across the value chain, empirical enlightenment, and details from industry experts.
The report proffers micro-economic indicators, thorough analysis of parent market trends, and. Growing preference for two wheelers over four wheelers among daily commuters (two wheelers deal better with high traffic congestion) is expected to be the key driver propelling the growth of the global two wheeler ECU market.
“The festive season this year is going to be among the best we have seen in recent years. We expect the market to grow by %.” If the monsoon is good, growth may even exceed this forecast, he added.
The two-wheeler market grew 14% in the April to June period, the first quarter of . Indian Two Wheeler Product and Market Analysis is most detail report which covers all segment, Brand, Market Dynamics, Trend, Product age, Product life cycle, Aftersales, Buying behavior, Production forecast, Export analysis, Sales, Marketing Strategy, Sales Strategy, Dealer Network, Role of Internet to buy vehicle, Model wise critical analysis and its mapping with customers etc.
Over the last decade the two-wheeler industry has been one of the highest value creators, recording annualised shareholder returns of over 40%. One of the chief drivers of this value creation has been the strong sales growth, which has sustained at over 15% over the last five years.