Maruti Suzuki, country’s largest carmaker, is set to close the year with a 50 per cent share in domestic market, while over a dozen large and small players together have another half of the market. Dominance of a single player is becoming the prominent theme of Indian automobile market, which has seen entry of multiple international players across segments.
This dominance is not limited to passenger vehicles (PVs) — cars, utility vehicles and vans. Almost each segment of the domestic automobile industry is now dominated by a single player who sits on a minimum market share of 40 per
This dominance is not limited to passenger vehicles (PVs) — cars, utility vehicles and vans. Almost each segment of the domestic automobile industry is now dominated by a single player who sits on a minimum market share of 40 per