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Indian Tire Aftermarket: Readying For Future Growth

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Indian Tire Aftermarket: Readying For Future Growth

Chennai, Tamil Nadu, India

Frost & Sullivan's Automotive and Transportation Practice South Asia and Middle East (http://www.transportation.frost.com) will host an Analyst Briefing webinar on Tuesday 27th February 2007, on "Indian Tire Aftermarket: Readying for future growth", between 11 am and 12 Noon Indian Standard Time (GMT + 5.5 hrs).

The Indian Tire Aftermarket is in the growth phase and several factors such as high vehicle sales across all categories, increased industrial and agricultural production, and rapid rate of radialization are contributing to this growth.

Highlights of the briefing include: Industry Segmentation, Challenges, Market Drivers and Restraints, Technology Trends, and Demand Analysis, Opportunities for market participants amongst others.

The number of participants in this market has grown to be more than 40 in 2005. The Indian Tire Aftermarket can be divided into three segments: the passenger vehicles, commercial vehicles and the two/three wheelers.
The largest market segment by volumes in the tire aftermarket as of 2005 was the two-wheeler segment, followed by passenger vehicle segment. The commercial vehicle segment is the largest in terms of revenues.

"The Indian tire aftermarket was valued at $1,461.7 million in 2005; the market is highly competitive with more than 40 market participants vying for market share. As the Indian automotive market is one of the fastest growing in Asia, the tire aftermarket would be very interesting for new entrants and other market participants" observes V. Bhanu Prakash Industry Manager, Frost & Sullivan.

This briefing will benefit Tire Industry manufacturers, distributors and retailers, raw material suppliers, vehicle manufacturers and new entrants to this industry.

Those interested in registering for the interactive webinar kindly click the link below

http://w.on24.com/r.htm?e=36589&s=1&k=18F0C70F1AB35D933F315563E066A0C4

Or

Send an e-mail to Ravinder Kaur, Corporate Communications at ravinder.kaur@frost.com with the following information: full name, company name, title, telephone number, e-mail address, city, state and country. The registration details will be emailed to you upon the receipt of the above information.

About Frost & Sullivan: Frost & Sullivan, a global growth consulting company has been partnering with clients to support the development of innovative strategies for more than 45 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com

Ravinder Kaur, Corporate Communications, Frost & Sullivan, +91 (044) 4204 4515 ravinder.kaur@frost.com

Source: Frost & Sullivan (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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