The company’s exports increased over two-fold to 5,128 units in June 2010 from 2,156 units recorded in the same month last year. Indigo family witnessed a sale of 7,502 units. This is an increase of 113 percent over the same month last year. Sumo and Safari reported a sale of 3,602 units, an increase of 9 percent compared to the previous year.

Overall, commercial vehicle segment in the domestic market was up by 32.52 percent from 26,254 units sold in the same month last year to 34,791 units sold in June 2010. Light commercial vehicles sales increased 21 percent to 19,652 units in June 2010. While medium and heavy commercial vehicle sales increased 52 percent and stood at 15,139 units this year.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

India recorded a growth of 8.4 percent in 2009-10 when compared to the previous year. China topped the list with a growth of 68 percent. Bailey added that, “A recovery in the global housing market is undoubtedly underway. In Q1 2009, 33 per cent of the countries recorded positive annual growth. In Q1 2010, this figure was closer to 53 per cent but still some way off the figure of 90 per cent recorded in Q1 2006.”

Next to China, Hong Kong took the place with 30.6 percent growth, followed by Singapore (24.3 percent), Australia (20 percent) and Israel (15.9 percent). Asia-Pacific region saw the strongest growth, with prices increasing by 17.8 percent on an average. China, Hong Kong and Singapore registered an annual growth over 24 percent. The countries which saw a drop in price by more than 30 percent were Lithuania, Ukraine and Estonia.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Petroleum refinery output reported a good growth. In May it registered a growth of 7.7 percent as against a negative growth of 4.3 percent in May 2009. Crude oil production also rose 5.8 percent in May as against a negative growth of 4.3 percent last year. Finished steel growth was less when compared to last year’s growth of 2.8 percent. This May finished steel grew only by 2.5 percent.

Coal production was lowest with 0.1 percent increase in May as against a huge growth of 10.4 percent the same month last year. Cement production also slowed down in May. In May 2009 cement production grew by 11.8 percent but this year it registered a growth of only 8.6 percent. Electricity generation more than doubled at 6.4 percent from 3 percent last year. The first two months this fiscal, the six core sectors witnessed a growth of 5.1 percent as against 3.5 percent in the same month last year.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Frits van Dijk, Nestle SA’s head of Zone Asia, Africa and Oceania announced in an investors’ conference that the company would invest about 1.5 billion Swiss francs ($1.35 billion) in India, Brazil, Russia and China between 2010 and 2012. Nestlé touched over 2.2 million Indian customers last year. It plans to set up a new research and development centre in India in 2012.

Yum! Brands Inc, which owns KFC, Pizza Hut and Taco Bell restaurant chains, plans to invest $100 to $120 million in India. The company said they plan to open 1,000 restaurants employing around 50,000 people by 2015. The company expects a profit of $100 million from India by 2015.

World’s largest cereal maker Kellogg’s international business head Paul Norman said, “India was set to become the capital of heart health and diabetes over the next decade and the company would use its brands to build its presence in India, France and Mexico.”

P&G plans to target one billion new customers by 2015 from India and China. One of the company’s spokeswoman said, “The bigger picture here is that there are almost seven billion people in the world today and we reach only half of those. As we strive to serve the remainder of the world’s consumers, India becomes an important destination.” GlaxoSmithKline Consumer Healthcare plans to invest over Rs.270 in India over the next 3 years. Unilever also plans to focus on the Indian market.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

All Indian manufactures share increased in 2009-10. Though Nokia remained as market leader with 52.2 percent share in the mobile handset market, their company’s share dropped from 64 percent the previous year. Indian manufactures who had just about 3 to 4 percent market share in the previous year, strengthened their presence and increased to about 14 percent.

With the exception of Nokia, all the other companies performed well in the year 2009-10. Samsung witnessed a growth of 17.4 percent this year compared to 10 percent last year. LG’s share increased from 4.5 percent last year to 5.9 percent. Micromax had a share of about 4.1 percent by revenue. Spice and Karbonn gained 3.9 percent and 3 percent in the year 2009-10, respectively. Lava had a share of 1.1 percent and Lemon with 1 percent. Max’s presence was relatively less with only about 0.9 percent.

The Voice&Data100 annual survey on handsets is based on the revenue of telecom equipment suppliers, including GSM and CDMA handset vendors. According to Voice&Data Chief Editor Prasanto K Roy, “Low prices for perceived high-end features. You get all-QWERTY Blackberry lookalikes complete with trackball, and even dual-SIM phones, for Rs 5,000,” “We saw demand rising for dual-SIM phones last year, but the market leaders had few offerings there. And while Nokia has many low-cost models, they are relatively sparse on features.” He further explained that, the low-cost handsets may fall short on applications, functionality, user interface and experience, and, often, quality of construction, solidity and robustness.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.