AUTO BULB SERVICE IN INDIA: What is it and how is it provided?
What is it?
Why do we need it?
The auto battery business is a fast-growing industry in India, with a market worth about $3.5 billion this year.
It’s one of the largest segments of the Indian economy and accounts for more than a third of the countrys gross domestic product.
The market is also highly diversified.
In many parts of India, people don’t have access to modern batteries, but they do have access a few years ago.
According to a study by the National Bank of India (NBI), about one in 10 of India’s 1.3 billion households has a smartphone.
This mobile phone and its battery are the most common source of energy in the country.
And with consumers increasingly moving away from conventional sources of energy, it makes sense that auto batteries could be another attractive option.
The Indian auto industry is a small one, with only around 30% of the cars built in India being sold to the consumer.
But auto batteries are a fast growing industry in the nation, with around 40% of its cars being sold in the last five years.
They can store energy for longer periods, are more reliable and last longer than conventional battery-powered vehicles.
Auto battery sales in India are on track to hit $3 billion this financial year, according to the National Consumer Electronics Association (NCEA).
The growth has been driven by demand for electric vehicles and increased adoption of alternative forms of transport, such as self-driving cars.
Experts estimate the market could grow to $8 billion by 2020.
What are the advantages of an auto battery?
An electric car, while expensive, is often the best option for a country like India.
If a battery is included in the car, it provides an extra layer of protection for the driver.
While conventional batteries can degrade quickly in low-voltage conditions, electric batteries are more durable.
Electric cars also tend to be more environmentally friendly, as they run on renewable sources of power.
With the growing availability of alternative sources of fuel and the ability to charge a car in minutes, there is less need for a traditional battery.
An electric vehicle has a much better range.
One study estimated that a typical electric car has about 200 kilometers of range.
A battery in an electric vehicle will last about 40,000 miles (64,000 kilometres).
It can store a lot of energy.
For this reason, batteries are usually sold in large volumes, but can be bought separately for the vehicle owner.
Why are auto batteries so important?
India has around 10 million auto dealerships, according the National Automobile Dealers Association (NADA).
While dealerships are often more expensive than in other countries, they are important because they can offer the customer a much greater range of options.
As a result, dealerships can charge a premium to drive consumers to buy an electric car.
To make a sale, a car buyer has to prove they are willing to pay for the car in advance.
There is also a strong demand for battery products in India.
According to a report by the Centre for Policy Research, an estimated 1.5 million households in India have electric vehicles.
The number of electric vehicles sold in India reached more than 2.2 million in 2015, according a survey by The Times of India.