Auto Expo kicks off in Hyderabad

In the first half of this year, Indian auto industry grew largely due to increase in export sales that is increased by more than 24 percent as compared to the last year. A slew of incentives in the European market, including scrapping of older cars and replacing them with the new more fuel-efficient cars, has spurred the export market, according to the Federation of Automobile Dealers Associations president, SP Shaw.

Published On Jul 20, 2009 05:57 IST

Published OnJul 20, 2009 05:57 IST

Last Updated OnJul 20, 2009 05:57 IST

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He said that there is a need for the government to provide a cushion in the form of incentives to the automobile segment to continue the growth momentum. As in the second half of the year would be the less than as compared to the first half.

After the inauguration ceremony of this International Auto Show, a three-day exhibition which is kicked off here on Friday, he added that the commercial vehicle market was standstill for sometime and there were no signs of revival in the near future as availability of funds was still a problem.

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Ritesh

<p>Having worked as an Auto Journalist for the past 5 years, Ritesh is keenly passionate about digging more on automobiles and things related. His journey as a journalist so far consists of different profiles that helped him groom on various platforms within the automobiles industry. He kept rolling on technical experience during his career as a Road Test Editor, which finally took him to a level where he turned to be an Editor-in-Chief of CarDekho.com, India's no. #1 automotive giant. </p> <p>Another side of his creative life is easily visible the photography that he carries out in order to serve the CarDekho news readers with the latest and natural pictures of newly launched cars. Additionally, he is the one who foresees all auto news articles that are to be published making it sure that CarDekho readers get the latest and the best automotive news first. "Life is a highway, keep driving", Says Ritesh.</p>Read more