It was reported in our previous edition that the size of the Indian automotive spareparts market is pegged at Rs. 28K crores in 2012 and is projected to reach Rs. 37K crores by the end of this year. With the two-wheeler segment accounting for a maximum chunk of the pie at nearly 50 per cent, […]
The Indian automotive spareparts market is expected to grow from Rs. 28,000 crores around two years back to Rs. 37,000 crores by 2015, according to a report from consultancy firm McKinsey. The two-wheeler segment is the largest contributor at an estimated Rs. 14,000 crores (49 per cent of the overall market), followed by the car […]