Contribution Of Trucks In Automotive Industry
Having motored at the forefront with vigorous enlargement for many years
, the truck industry was evidently slackening the velocity before the world's financial markets hit the skids. From many Years Trucks is represented one of the most important segment within the automotive Industry. The Truck diligence is moving towards Globalization. The Truck Industry in India has played a vital role in Indian Market. This sector is generally known as Commercial Vehicle Industry. A Commercial Vehicle is constructed in such a manner that it should be capable of Transporting Goods in any Geographic region. This huge Truck division is further segregate into various segments like Light Duty Trucks, Heavy Duty Trucks, and Tippers. These Trucks are classified according to their payload and their transportation areas are also fixed.At current scenario in India the growth rate of this sector is seen 7.2%. The reason behind the growth of this sector is the advantage of road transport over railways. Road Transport is the convenient and better options for transporting and loading of small and heavy Good. This segment is fuel efficient and at ease for the people as it takes less time contrast to other segment. Light Commercial vehicle is the major contributor in this segment and can be available at affordable price. While Heavy Duty trucks are generally used for heavy Load Transportation. They are used for construction and Mining. Tippers are dumper used to haul rocks. As they are highly fuel efficient payload truck they are in enormous demand. As Fuel efficiency is the only choice of the people in the modern world, trucks are the best for loading and Transportation.
Truck segment is entirely different from the city vehicles. They are non passenger vehicles; they are only used to carry wagon. While city vehicles are small vehicle normally used to carry passengers and small luggage. Their moving range is also small within the range of city. While Truck covers large geographic region. But when we see the traffic issues then Trucks are the only vehicle which creates undesirable maximum traffic issues within the city or small area. Manufacturing in India is a Key muscle which can generate a good business prospect. In the growing global world it is important to prepare our strategy in such a way that to increase the maximum sale of Trucks and should be the major contributor in the growth of Automobile industry in India.
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