INTERNATIONALER MESSE- UND AUSSTELLERDIENST GMBH IMAG - Auslands Messen | Trade Fairs | Trade Shows | Termine
IMAG - Auslands Messen | Trade Fairs | Trade Shows | Termine MESSE MÜNCHEN INTERNATIONAL


Market


India's economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries and a multitude of support services. Government controls have been reduced on foreign trade and investment, and privatization of domestic output is proceeding steadily. The economy has posted an excellent average growth rate of 7 percent in the decade since 1997, reducing poverty by about 10 percentage points. India is capitalizing on its large numbers of well-educated people skilled in the English language. In a global comparison, India achieved impressive economic growth of 7.3 percent in 2008. Resolute economic reforms and structural change were among the factors that contributed to it. In addition, with the help of international investments, major advances were made in the privatisation of India's government-owned enterprises.Economic expansion has helped New Delhi continue to make progress in reducing its federal fiscal deficit. Easier conditions for imports and exports also contributed to India's leading position on the South Asian market. 

India - a wide

range of industries





In recent years there has been a marked rise in the number of international industrial concerns setting up a base in India. The automotive industry is well represented among them. In this sector, the subcontinent is one of the biggest growth markets in the Asian region, despite the late international opening in 1992. The Society of Indian Automobile Manufacturers (SIAM) registered an increase in sales of 34 percent in private vehicles and 38 percent in commercial vehicles for the period April to October 2010. Continuing strong growth is also being expected for 2011. Domestic sales of cars are expected to grow by 13 % up to 1.7 mio. vehicles. The sales volume in the automotive market will approximately rise from 36 billion up to 115 billion US dollarsby 2016.

(www.gtai.de, www.vda.de, www.acmainfo.com)

Visit our Trade Fairs:

INDIA
AUTO EXPO 2012
07 - 11 January 2012
New Delhi

Press Days:
05 - 06 January 2012

CHINA
AUTO CHINA 2012
25 - 27 April 2012
(AUTO PARTS)

25 April - 02 May 2012
(Car Manufacturers)
Shanghai

Press Days:
23 - 24 April 2012

RUSSIA
INTERAUTO 2012
28 - 31 August 2012

MIAS 2012
29 August - 09 September 2012
Moscow
www.auto-fairs.com
gp-banner_180x150
bizol-logo_185
PFS Logo blau