Despite the unfavourable economic condition with a consistent fall for the past eight months in a row, the international auto makers are planning to bet high on the Indian auto market. This is in lieu of the fact that companies from all over the world have already reserved the possible space available for the next Delhi Auto Expo, which is scheduled for February 5, 2014
Sources close to the development process stated that the space is already sold out to around 40 auto makers, including some prominent names like Chrysler, Isuzu Motors and Hyosung. “Even as the Indian market is reeling under severe slowdown, we have seen an unexpected gush of auto makers,” said Sugata Sen, Deputy Director General at the Society of Indian Automobile Manufacturers (SIAM) that organises the auto expo.
This unexpected rush of auto companies forced organisers to shift the venue from New Delhi's Pragati Maidan, which was acting as its host for the past 28 years to a much spacious and fully air conditioned location at Greater Noida in UP, he stated. “We are planning to have this Auto Expo on a grand scale next year. We will have the largest number of companies participating displaying of highest number of cars, bikes and other vehicles even shown in India,” Sen added.
In this show, Chrysler will put to display the much awaited Jeep and Wrangler badges, while the Chinese SUV specialist with the name Great Wall Motors will bring in Haval H5 alongside its hatchbacks and sedan range. Japanese car makers that amount to more than 2/3 of India's car market share have two new comers, Isuzu Motors and Datsun, to showcase their models, which will further enhance their presence.
In the bikes segment, Hyosung, the South Korea company, will display its latest offering at the twelfth auto expo. Along with, auto makers from all over the world will display their new cars and technical expertise at what is considered as India's biggest auto show spread across 47, 000 square meters.
“It could be a show of SUV as the market is driven by the success of the newly-launched Renault Duster or Ford EcoSport,” a senior Maruti Suzuki official said. “Though hatchbacks and sedans would also have their share of limelight, but an array of SUV launches are expected to steal the show,” added the person working with the auto expo event.