The Indian Car Market is quite volatile. Customer demands keep on changing and the manufacturers that have coped up with these changing demands have survived. Original Story by Prashant Sachdev Unlike the 80s and early 90s, which were primarily dominated by two car makers (and two primary car models), customers have multiple options to choose from. During the last 30 years, the Auto Industry has changed a lot - with many players exiting the Indian Market (HM, Daewoo, GM and Ford) and others struggling (Honda). The Rise During the 20th Century, two car makers, namely Hindustan Motors and Maruti Udyog Ltd. dominated the Indian Roads. Hindustan Motors ruled the market through it’s revolutionary sedan Ambassador. Maruti Udyog (which started as a joint venture between Maruti Udyog Ltd. & Suzuki Motor Corporation) gained popularity from it’s Maruti 800 hatchback. Later, Maruti also launched the Maruti 1000 to compete in the Sedan Segment (which was an older version of the Maruti Esteem)
Imbue Biz delivers stories about technology, automobiles, businesses and people across the globe.