India’s parking system is showing good growth trends.
As India’s population grows and its cities grow rapidly, so does the number of cars.
India’s five domestic industries of steel, IT, automobile, pharmaceutical and electronics are all booming, giving birth to a large number of excellent companies and gradually realizing industrialization, such as automobile industry:
India’s tata group reported revenue of $103.51 billion in the 2015-2016 fiscal year, 68% of which came from overseas operations. With high-end automobile brands like jaguar and land rover, as well as metal, steel and auto parts factories set up in China, the group’s sales in China exceeded 10 billion dollars in 2016, and the purchase amount from China was about 1 billion dollars. The tata group currently has more than 19 companies in China with about 7,500 employees.

India is already the world’s largest automobile manufacturer. Besides the jaguar and land rover owned by tata, India also has a large number of automobile manufacturing factories. India is the world’s sixth largest automobile manufacturer after China, the United States, Germany, Japan and South Korea.

In addition to Indian domestic automobile manufacturers, multinational automobile manufacturers are also investing heavily to build factories in India. On May 15, 2017, the joint news agency of Japan and South Korea reported that hyundai and kia, two major Korean automobile manufacturers, said that in order to meet the growing demand of the Indian market, the total output of automobiles in India will exceed 1 million by 2020. A hyundai spokesman said demand for cars in India is growing by more than 7% a year and is expected to become the world’s third-largest car market by 2020, after China and the United States.

Our company (Qingdao Tabitha parking equipment Co,Ltd) keeps developing business in India, and has exported more than 200 sets of  Puzzle Parking System and Two Post Parking Lift 

facilities to India. We also have good trade relations with Indian customers.

 

Customer visit from India:

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