AFTERMARKET Bazaar Talk COMPONENTS

Automotive aftermarket currently undergoing positive transformation

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 […]