Abdul Majeed, partner for the automotive practice at PricewaterhouseCoopers said that “The slowdown in the passenger car segment is just a short-term phenomenon. In the long term, automobile companies are very bullish about the Indian market, and that’s why they will showcase all their product offerings to familiarise the customers.”
The trade show starts at Pragati Maidan in the capital January 5. The Indian car giant Maruti Suzuki will roll out its versatile vehicle Ertiga. The company is also likely to showcase a condensed sports utility vehicle (SUV), Swift Sport and a fusion version of the hatchback Swift.
Chennai-based Hyundai said that it would showcase its multi-utility vehicle ( MUV) HND-7, three-door efficacy car Veloster and premium sedan Elantra.
It is also being considered that Tata Motors will give a glance of the diesel variant of its own entry-level car Nano.
Italian car maker Fiat is lining up its latest Linea and Punto. The company will also be opening a lounge, the Fiat Cafe, in Delhi.
French auto-maker Renault plans to unveil its hatchback Pulse and SUV Duster. On the other hand, in the luxury segment, Mercedes will roll in its latest M-class, followed by the launch of its sports car, Roadster, and concept car A-Class.
German auto-major BMW is planning to dominate the fair attention with its mini range of cars, while Audi will launch its compact SUV Q3.
The 11th edition of the biennial display is being mutually organized by the Society of Indian Automobile Manufacturers (SIAM), the Confederation of Indian Industry (CII), and the Automotive Component Manufacturers Association of India (ACMA). Several 1,500 exhibitors from 24 countries are to participate in the show.