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Posted by jh90c042
- January 06, 2011, 07:27:54 AMWith all these developments taking place,You are not allowed to view links.
Register or Login, the commercial vehicles financing companies are geared up for the unprecedented growth in the segment.
Buoyancy in the infrastructure segment and positive trends in the industrial products are the critical factors triggering the growth in Commercial Vehicles segment. Also the measure taken by the government to up bring the agricultural sector will add to growth of Commercial Vehicles industry.
To keep up with the current market scenario,You are not allowed to view links. Register or Login, the finance companies are adopting many innovative approaches to optimize profit in the Commercial Vehicle Loans segment. Usage of cutting edge technology and streamlining of processes have helped them in operational cost savings. Also alternative sales and distribution arms like DST and DSA have given the benefit of larger distribution spread at a minimal cost. Faster response to clients’ requirements,You are not allowed to view links. Register or Login, tailor made products to suit consumer needs have further helped in achieving the targets these companies have set.
The impetus on port activity too will positively impact this industry. Another critical factor will be the replacement demand forced by the implementation of stricter emission norms.
We are yet to be blessed with better infrastructure within cities and between major cities and towns; this is again limiting introduction of higher capacity products and viability of existing operations. The transformations of one being looked at as a mere transporter to logistic solution provider has just begun in India where as many of the developed countries have achieved this long ago.
Finance Article: Commercial Vehicles Finance - the Road Ahead
In spite of the current slow down due to various factors,You are not allowed to view links. Register or Login, Commercial Vehicles industry has witnessed growth in segments like Tippers, Buses, tractors trailer segments and sub 1 ton category of vehicles. With the implementation of emission norms in to A and B cities and metro cities forcing for stage IV norms the industry is going to witness a huge replacement demand.
Despite having better rail and water ways India is still heavily dependant on surface mode for movement of goods. With various projects like NHRI, golden quadrangle, transporters will be blessed with better productivity.
In the last 3-4 years we have witnessed application based assets getting introduced in the market and both domestic and international manufacturers showing higher amount of interest in offering sophisticated and technologically advanced products.
Buoyancy in the infrastructure segment and positive trends in the industrial products are the critical factors triggering the growth in Commercial Vehicles segment. Also the measure taken by the government to up bring the agricultural sector will add to growth of Commercial Vehicles industry.
To keep up with the current market scenario,You are not allowed to view links. Register or Login, the finance companies are adopting many innovative approaches to optimize profit in the Commercial Vehicle Loans segment. Usage of cutting edge technology and streamlining of processes have helped them in operational cost savings. Also alternative sales and distribution arms like DST and DSA have given the benefit of larger distribution spread at a minimal cost. Faster response to clients’ requirements,You are not allowed to view links. Register or Login, tailor made products to suit consumer needs have further helped in achieving the targets these companies have set.
The impetus on port activity too will positively impact this industry. Another critical factor will be the replacement demand forced by the implementation of stricter emission norms.
We are yet to be blessed with better infrastructure within cities and between major cities and towns; this is again limiting introduction of higher capacity products and viability of existing operations. The transformations of one being looked at as a mere transporter to logistic solution provider has just begun in India where as many of the developed countries have achieved this long ago.
Finance Article: Commercial Vehicles Finance - the Road Ahead
In spite of the current slow down due to various factors,You are not allowed to view links. Register or Login, Commercial Vehicles industry has witnessed growth in segments like Tippers, Buses, tractors trailer segments and sub 1 ton category of vehicles. With the implementation of emission norms in to A and B cities and metro cities forcing for stage IV norms the industry is going to witness a huge replacement demand.
Despite having better rail and water ways India is still heavily dependant on surface mode for movement of goods. With various projects like NHRI, golden quadrangle, transporters will be blessed with better productivity.
In the last 3-4 years we have witnessed application based assets getting introduced in the market and both domestic and international manufacturers showing higher amount of interest in offering sophisticated and technologically advanced products.