Refers huge potential demand, almost all major manufacturers to train different strategies, such as new model launches, promotions, etc., to increase its presence in the market. It is expected that the photovoltaic market in India is likely to be seen 50 pitches including variants and new models in FY12. Major global as Honda, Hyundai, Volkswagen, Renault and Toyota are likely to reach new releases in the compact segment as a result of increased level of competition. market research reports
In addition, the industry is also witnessing a structural change, as diesel cars are increasingly gaining ground in the back of improved engine technology, which improves fuel efficiency and reduced emission levels. The widening gap between retail prices of gasoline and diesel also influence buyers to opt for diesel vehicles.
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