With India becoming the fastest growing major economy in the world, taking over the mantle from China, the Indian automobile space has a vastly transformed look. With an ever growing middle class, a young, ambitious population and higher disposable income, India is today one of the top 10 automobile markets in the world.
Moreover, in the last few years, even the rural economy in India has been picking up steam. With the market and experts maintaining a largely favorable stance on the Indian economy, the biggest brands in the world are aligning their growth stories with India-centric business policies. Investors are making a beeline for India.
Suddenly top end sports sedans, convertibles, top of the line coupes and superbikes can be seen zip-zapping through Indian roads. So you have the Mercs, BMWs, Audis, Jaguars, Ford Mustangs and Bentleys, sparring it out to take the largest share of this lucrative market.
Even the less glamorous ones - the hatchbacks, entry level sedans and the sub 4 meter SUV space is crammed with competitors. The space has a very diverse look due to increasing number of options for the buyers.
Indians have also started warming up to monstrous SUVs and off-roaders. With the condition of roads still leaving something to be desired and cost of gasoline in a favorable zone, the upper middle class and the rich in India are not shying away from splurging on the muscular “fuel guzzlers”.
In such a scenario, it is only natural that there would be a lot of excitement amongst car enthusiasts and car owners. As a result, many car lovers' clubs are starting to open their shops in India slowly and most are very active. They organize car rallies, awareness camps and safety drives, organize meetings, workshops and many more fun activities.