Skip to main content

India ranks among the world’s top compact SUV markets!




India overtook Japan in 2017 as the third largest manufacturer of compact SUVs.

Big players such as Renault, Mahindra & Mahindra, Ford Motor, Hyundai Motor, Maruti Suzuki and other SUV manufacturers sold 457,698 compact SUVs in 2017 – over four times the unit sales in 2015, at 107,634.

While 2016 saw shrinking sales for this vehicle category in China and the USA, sales in India grew nearly 50% from 307,365 units in 2016.

Will India overtake China as the world’s largest compact SUV market?

For more information, click here.

Comments

Popular posts from this blog

How will policies affect the construction industry?

-  Mr. Japnit Singh, Senior Director, Singapore and India, Spire Research and Consulting India, as the world’s seventh largest country by area and second biggest by population, is one of the most dynamically growing, but largely untapped construction equipment markets. From 2013 to 2020, it is estimated to grow six times to a size of USD20 billion to USD25 billion. The Planning Commission, Government of India, jointly with the Indian construction industry has set up Construction Industry Development Council (CIDC) to take up activities for the development of the Indian construction industry. The Council, for the first time in the country, provides the impetus and organizational infrastructure to raise quality levels across the industry. This helps to secure wider appreciation of the interests of construction business by the government, industry and peer groups in society. CIDC is a change agent to accelerate a process of self-reform that should enable the industry to

Spire runs CSR activity with SCS beneficiaries at SuperPark Singapore

Spire Singapore collaborated with the Singapore Children’s Society (SCS) on its CSR activity for the ninth consecutive year. The beneficiaries took part in fun and interactive activities at an indoor park. Spire Singapore took beneficiaries of the Singapore Children’s Society to an excursion to SuperPark at Suntec City, an indoor playground with Finnish roots. Children explored various areas of activities. Children engaged in fun activities which included pedal car racing, street basketball, trampolines and even the climbing wall! The hustle and bustle ended when the children enjoyed lunch before heading home. Spire is immensely proud to support the amazing work of the Singapore Children’s Society, our CSR partner. Read more:  https://www.spireresearch.com/newsroom/events/spire-runs-csr-activity-with-scs-beneficiaries-at-superpark-singapore/

Ghana citizenships to boost economy

In November 2019, 126 African-Americans and Afro-Caribbean’s were granted citizenship, in a ceremony that marks 2019 as the Year of Return. 500,000 tourists are expected to visit Ghana during the Year of Return, a considerable increase from the 380,000 that visited in 2018. Visa on arrival for some and waive off of Visa charges have been introduced. The government also plans to invest in educated returnees to help boost the economy through employment. Is investment in human capital the way to boost Ghana’s economy? Read more:  https://www.spireresearch.com/newsroom/spirethoughts/ghana-citizenships-to-boost-economy/

Educated Indian students not employment-ready, holistic learning is key say teachers

In mid-2015, Spire Research and Consulting collaborated with global education service provider Pearson for the third time, to conduct a survey of 5,387 teachers in schools and higher education institutes across 527 cities and towns in India. Through this survey, teachers voiced their opinions on the employability of Indian students and shared their suggestions to improve the situation. The Pearson-Spire survey revealed that, in the view of teachers, nearly 57% of students are educated but unfit for employment. Such unemployable students are found to be the highest in Haryana at 67% and the lowest in Uttar Pradesh at 49%. Teachers felt that the solution lay in increasing collaboration between educational institutions, in particular for course restructuring (75%) as well as merit-based internships (48%) for students. Teachers also highlighted the need for industry-based training (44%). Approximately 66% of the respondents felt that technology adoption with inclusion of s

USAID helps African women improve rice farming skills

Women farmers in Africa are quietly learning new technologies to increase their crop yield. For this, training is being provided in different rice farming technologies targeting three groups from the Saakoba Gbugli, Kukuo and Yipelgu communities. Successfully implemented in 15 West Africa states, the United States Agency for International Development (USAID) initiative – through the Agriculture Technology Transfer project – will enable farmers to increase productivity. These groups were exposed to technologies for weed control, rows transplanting and the application of briquetted urea fertilizer on rice farms. The program has been a success so far due to NGO intervention efforts (on behalf of USAID) to overcome challenges. For instance, farmers are now aware of the correct way to apply fertilizer and methods to increase productivity levels through in-depth training sessions. Asia already benefitted from a Green revolution in the 1960s which enabled it to feed over 50%