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Tractors in India are a major industry and significant contributor to its agriculture output gains. Tractors are an integral part of mechanization and have a crucial role to play in increasing agricultural productivity. Indian tractor industry is relatively young but now has become the largest market worldwide. According to industry sources, the tractor market is expected to clock among the highest segment growth in the automotive industry this financial year. Tractor marketers say the growth trot is already visible in the first quarter which places tractors among the top growth driven sectors in the auto industry.

The global telematics market is expected to grow from an estimated $26,314.4 million in 2015, and reach $140,100.0 million by 2022, growing at a CAGR of 28.5% during 2016 - 2022. The growth of the …

The market for Americas is the largest market for Inertial Sensing Systems with revenue of $2.419 billion in 2017. Also, it is projected to grow to reach $3.611 billion by 2019 with a CAGR of 6.9%, followed by Asia-pacific and Europe. The prominent regions for the inertial sensing systems growth will be Asia-Pacific and Rest of the World countries wherein there has been upheaval in the demand for aerospace and Defense products followed by their requirement for creating a suitable infrastructure to become developed economies before the end of next decade. Asia-pacific is projected to register fastest growth rate of 11.2% CAGR, followed by Americas and Europe.

The India Tractor Market is all set to witness a double digit growth of 16-18% in FY 2017 says CRISIL. However the growth in February & March to only be in single digit number as farmers still cope with the note ban and shifting towards using digital payment modes. The sales were revived as the south-west monsoon came in normal. Rains were 97% of the long-period average, timely and well-distributed, resulting in Kharif production increasing 10% on-year (according to second advance estimates), and Rabi sowing also 5.7% higher on account of sufficient reservoir levels.

With the growing demand of commercial vehicles in India, we can consider that commercial vehicles (CV) play quite a vital role in growth of Indian Economy. Rules & laws do play an important role in their growth, but not that much as no matter what, commercial vehicles are going to be in demand for import and export purposes, as they are the best choice in disguise for transportation especially in areas where no other mode of transport could easily reach.

Infrastructure sector is a key driver for the Indian economy. For propelling India's overall development, sector is highly responsible, thereby enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. Government of India while paving the way for a better quality of life and a rapid rise in gross domestic product (GDP), is looking forward to focus on the infrastructure of the country for further growth. As country's infrastructure holds the key to potential India.

Taxi market in India, has been exhibiting strong growth in past few years. As with the pacing fast world, traveler lifestyle is growing as well. Increasing number of people in the country especially corporates prefer on time, well structured services which is well served by modern Radio Taxis which are well equipped with AC, GPS, 24*7 customer support, electronic fare meter & many other tangible or intangible features.

To address the issue of national energy security, vehicular pollution & growth of domestic manufacturing capabilities, India unveiled "National Electric Mobility Mission Plan (NEMMP) 2020"in 2013.

The two wheeler industry from FY 2014-15 is fluctuating, where the sales of motorcycles have been down while the scooter segment has shown good improvement. However it's the year 2016-17 where the industry experts are predicting high level of growth in all segments of the automobile industry in India. Read more

The global UV curable resins market was valued at $3,555.8 million in 2014, and it is expected to grow with a CAGR of 9.4% during 2015 – 2020. The factors driving the growth of the global mar…

The automotive industry in India is one of the largest in the world with an annual production of 23.96 million vehicles in FY (fiscal year) 2015-16, following a growth of 2.57 % over the last year. The automobile industry accounts for 7.1 % of the country's gross domestic product (GDP).