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Expert View
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India's operational leasing market is forecast to grow at a rate of 28% annually up to 2013, to reach a total fleet of around 100,000 units. However, problems still exist in this rapidly growing sector. Datamonitor research suggests that an unorganized used car market and the lack of a developed aftermarket represent key deterrents to the Indian fleet car lease market reaching its potential.
Published By Datamonitor
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23 Nov 2009 |
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Expert View
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Although the past decade has seen a number of international companies enter the Indian car leasing market, there are major deterrents to the sector's growth, including the absence of an organized used car market and the tendency of Indian corporations to own vehicles. However, acquainting Indian corporations with the benefits of car leasing could provide substantial growth opportunities.
Published By Datamonitor
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13 Jun 2008 |
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