The automobile industry in India is the eleventh largest in the world with an annual production of approximately 2 million units. India is expected to overtake China as the world's fastest growing car market.in terms of the number of units sold and the automotive industry is one of the fastest growing manufacturing sectors in India. Because of its large market a low base of car ownership and a surging economy, India has become a huge attraction for car manufacturers around the world. With the launch of these Chevy brands, General Motors India has thrown a tough competition to the predominant Indian auto giants like Tata and Maruti. The stupendous growth the GM car sales bears testimony to the growing popularity of Chevy brands in India. Hyundai and Fiat are the other major players that are present in this segment. In the sedan and luxury sedan segment, General Motors Chevrolet Optra and recently launched Optra Magnum have been receiving rave reviews from auto enthusiasts and auto experts. With the launch of Chevrolet Aveo and Optra Magnum which have a class defined performance, GM India eyes at grabbing 10% of the share in Indian car market by 2010. The industry is valued at about US$ 35 billion contributing about 3.1% of India's GDP . India's cost-competitive auto components industry is the second largest in the world. In addition, India's motorcycle market is also the second largest in the world with annual sales of about 5 million units.
India gave birth to its first car on the city street anticipated from the beginning of twentieth century. With the varied variety of cars ranging from mid size to big size and from luxury, premium to utility cars, Indian wide street along with the narrow, dark lane is overcrowded with multi tasking, stylish four-wheelers. Hindustan Motors and a few smaller manufacturers such as Premier Automobiles, Tata Motors, Bajaj Auto, Ashok and Standard Motors held an oligopoly until India's initial economic opening in the 1980's. The Maruti 800 became popular because of its low price, high fuel efficiency, reliability and modern features relative to its competition at the time. Tata Motors exported buses and trucks to niche markets in the developing world. Though several major foreign automakers, like Ford,Suzuki,GM,and Honda have their manufacturing bases in India, Indian automobile market is dominated by domestic companies. Maruti Suzuki is the largest passenger vehicle company, Tata Motors is the largest commercial vehicle company while Hero Honda is the largest motorcycle company in India.The automotive industry directly and indirectly employs 13 million individuals in India.
Friday, June 27, 2008
Indian cars in 2008
Indian Fashion Jewelry
Jewellery keeps paramount significance in Indian history and today when time has evolved, trends have modified and technology has taken over the fashion arena, jewellery still forms an constitutional part of women's lifestyle. Indian handicrafts are continually rich in variety owing to great diversity in the cultural set-up of Indian society. Jewelry are consummate for any occasion, be it a formal or ceremonial occasion or casual ones. They do not require any specifically specified occasion for showing the beauty. Admirable designs, precious stones and the adroit craftsmanship of Indian designers and artisans have provides the birth to present line of Indian fashion jewellery. When it comes to defining the materials utilised for shaping jewelry items, then anything below the roof of the sky can be transformed into breathtaking ornamental items Such as, metals such as gold & silver, copper, ivory, woods, treasured gemstones as diamonds & pearls, beads, shells, leather, plastic, glass, bone and some others. They improve define many intricately designed shapes adding on to the beauty of these embellished items.
Jewelery has been portion of the Indian civilization for last ancient history. They were in fashion since ancient civilizations as Harappa and Mohanjodaro. Wide array of jewelry items which can beautify the varied body parts are: Bangles, Anklets, Nose pins, Hair pins, Necklaces, Rings, Earrings, Armlets, Bracelets, Toe Rings. Made out of almost any material, jewelry is basically adorned to highlight nearly any body part. Be it the traditional jewelry or the latest ones which are increasingly in demand, i.e. the costume & imitation jewelery. Jewelry designs can vary from vintage and antique designs to ethnic designs to very flashy and chunky jewelry. Often stone studded, engraved, electroplated and designed using various colors for creating an eye catching effect, these jewelry items are designed for different occasions including bridal jewelry, formal and informal jewelry.