India will add more cars than China in 20 years

[Holmes]

@Götterdämmerung
Why r u so interested in Service Sector?
Unless of course u r an -> IT Professional <- Yourself?????

 

[Götterdämmerung]

@Götterdämmerung
Why r u so interested in Service Sector?
Unless of course u r an -> IT Professional <- Yourself?????

No, I'm just a curious journalist who is interested in facts and nothing else.

 

[Banglar Lathial]

This is another of those numerous threads created by Indians about "India WILL achieve this, India WILL achieve that blah blah blah". Why don't you achieve something, then talk about it later?

 

[kingkobra]

in 2010 india was at sixth spot
News Headlines

India is expected to become the world’s third biggest car market by 2020, according to J.D. Power and Associates, which forecasts sales of 11 million that year.

so after 20 years India will surely have more car buyers than any other country considering our ever growing population and number of people coming out of poverty every year...

PS:lets open this thread again in 2020
for now i guess mods should close it..

 

[FairAndUnbiased]

Since some of the global webservices/apps/sites are banned in China,they have their their own versions of everything suited for their own language and culture,thus boosting the domestic revenues ,I guess.

the question should be this then:

why is India allowing foreigners to suck money out of India and into already rich countries for something that Indians supposedly can do themselves: make software?

why is India deliberately destroying jobs for Indians and, giving free money to foreigners?

why is India not protecting its software industry?

 

[StingRoy]

the question should be this then:

why is India allowing foreigners to suck money out of India and into already rich countries for something that Indians supposedly can do themselves: make software?

why is India deliberately destroying jobs for Indians and, giving free money to foreigners?

why is India not protecting its software industry?

Thats Free Market Economy for you. It means that the best of the best wins. This encourages competition and innovation. If a local product company wants to compete, they will have to compete with the world's best and the winner is always the best of the best. A better product which wins in the market will have a much better chance to be sold at a world wide platform... thats what a free market economy enourages. It is good in the long run.

FDI doesn't always take the money out of the country. It takes a share of the profit. Rest remains and circulates within the economy.

 

[FairAndUnbiased]

Thats Free Market Economy for you. It means that the best of the best wins. This encourages competition and innovation. If a local product company wants to compete, they will have to compete with the world's best and the winner is always the best of the best. A better product which wins in the market will have a much better chance to be sold at a world wide platform... thats what a free market economy enourages. It is good in the long run.

FDI doesn't always take the money out of the country. It takes a share of the profit. Rest remains and circulates within the economy.

ok. what if the best of the best are foreign companies? all the innovations you see indians make? not one of them belong to India. You know, the Pentium chip was designed by an Indian. It belongs to Intel. You know how much profit India sees from that chip they designed? 0.

i don't get it. why do you want Indians to make less money and for India's money to be diverted to already rich billionaires? it makes no sense.

 

[protest]

are these real cars indians are talking about or toy cars?

i dont think many indians even know what a car is let alone how to drive one.
go see how indians drive.
hilarious.

china bought nearly 20 million automobiles in 2011.

in 20 years china will have more roads, more infrastructure and helluva lot more cars.

indians for some retarded reason think china will stay still for 20 years while india advances.


as much as india advances in 20 years, china will be much much much much further ahead.

and i dont believe the indians can get anything done, just look at the farce and shameful joke the commonwealth games turned out to be when indians bragged about what a great show it will be before the games, and compare that with china's much bigger and global events like the olympic games and shanghai expo.

chinese talk less, deliver more.
indians brag alot, deliver nothing and end up embarrassing themselves.

Cool. Nice of you to share your ignorance. I really don't get this IQ thing. Is it Ignorant Quotient?

 

[Huan]

You Indians should know that 20 years is too long to wait. Major turbulent events could happen during that time period.

 

[ashokdeiva]

IIRC, only 2% of our population is working in the agrarian sector but they produce enough food, even for export. Imported food is just for the exotic and diversity factor. Our population is indeed shrinking, but most of the jobs can be replaced by higher productivity and robots. All we need is to invest more in education, but there we have a huge problem right now because many of our politicians are just stupid.

Don't you find it strange that India is exporting a lot of food while having a large starving population?

For the bolded part, yes we do have people starving, let me list down the reaons.
We were once a nation who did not have problems of people consuming Forign made liqors and wasting their money on that.
But since you western imperialist did good damage to my country.

And my country is a land of opertunity for people who are ready to work and think before they can give birth to n number of children with our considering thir financial status.

Food can not be distributed free, it will led to further starvation by making people lazy after all the food producer can not go bank corrupt by distributing his produce free.

 

[Jackdaws]

High fuel costs notwithstanding, India is set to add more vehicles for every 1,000 people compared with China over the next two decades. This can be attributed to rapid economic development, industrialisation and ubranisation, according to BP Energy Outlook 2030.

Estimates from domestic auto industry body SIAM showed that in January domestic passenger car sales grew 7.2 per cent to 1,96,013 units from 1,82,852 units in the same month last year.

BP's Energy Outlook 2030 forecasts the vehicle density in India growing from 20 for every 1,000 people now to 65 by 2030, at an annualised growth of 6.7 per cent. But in China, the density will grow annually at 5.7 per cent, as the world's most populous country is projected to have 140 vehicles per 1,000 people, up from 50 now.

Though the transportation sector is expected to experience the slowest growth, in terms of fuel consumption at 26 per cent, according to BP, the global vehicle fleet is set to expand by 60 per cent to 1.6 billion units by 2030, with much of the growth happening in the developing countries.

The slower vehicle ownership growth in China reflects the impact of current and assumed future policies, designed to limit oil import dependency and congestion, including rising fuel taxation, widespread mass transportation options and relatively uneven income distribution.

The energy consumed by the transport sector will grow annually at 1.2 per cent till 2030, down from 1.9 per cent a year between 1999 and 2010. This decline is on account of improvements in fuel efficiency and the impact of high oil prices on driving behaviour, said Mr Christof Ruhl, Chief Group Economist, BP Plc.

Business Line : Industry & Economy News : India will add more cars than China in 20 years

Not a cause of celebration. We should make our public transport better.

 

[nishmith]

u are wrong in 20 years china will grow old............where as india will be young till the end of this century.........

 

[Zoro]

I really hate articles which predicts India will become ______ in ___ years. I say do some thing and then write about it.