The Indian auto market, although has been facing enormous challenges and issues, has not left behind the spirit of competition in this slowdown of the auto sector, which is a good sign to keep the competitiveness and the innovations growing in the sector.
The auto market of India has been dominated by the popular alliance of Maruti and Suzuki, which has been the name synonymous to the Indian auto industry, and the dominating firm is now being hunted by the global auto slowdown. To add to its troubles, the innovative car makers are now making a move in the Indian markets to lure the customers into buying their products. Maruti Suzuki has dominated almost over 50 percent of the sales in the Indian car market and now is slowing down as the company has been minimal on innovations, which are what is driving the other carmakers and making them popular. Industry disruption and intense competition from car makers like Honda, Hyundai, and Kia are the major factors for the slowdown of the Maruti Suzuki domination of the Indian markets. The company will have to innovate in order to thrive in the competition and regain its title as the most favorite car brand in the Indian markets.
It will be interesting to see how the showdown goes between the car makers in the Indian market. We hope that Maruti Suzuki regains their position, and if not, then at least give a tough fight to the competition. Let's see how this pans out.
Tags : Indian Auto market, Auto Market, Maruti , Suzuki,