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Many Indian house holds will graduate from having bikes to car.
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It
will happen gradually from sep 2006 – sep 2009.
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Cars purchase will multiply.
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Many families will keep upgrading to higher segments.
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Traffic jams will be common in all metros and towns.
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Higher end vehicles will double in sales.
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India will become most important hub of manufacture of automobile
components.
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The
world would outsource auto parts from India.
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Many big companies would outsource double or triple their level from
now.
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Many Indian auto companies like maruthi, tata motors will become
multinational.
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In
next three years share prices of Tvs, Bajaj, Honda will rise at
least 35% more than their current price
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Take over of multinational companies by Indian auto makers will make
waves
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Indian cars will make waves in the world market in years to come.
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Shall we say one more sectors is awakening to global competition
then there is no doubt.
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The
Chennai auto industries would see their turn over double and triple.
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Many Chennai auto makers and spares makers will up grade to global
competition.
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More employment would be offered due to that.
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Ford will be a whimper, Korean car maker would still make waves.
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The
safety emission and infrastructure will increase in big way in
Chennai.
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The
current administration and the internal affairs minister stalin
would do lot of good.