Vehicle sales in India are set to make a steady increase by at least 10 percent alone in the year to March 2010 which is double and April estimate for a 5 percent expansion. The thirteen car producers in India sold 1.22 million cars last year which is a fantastic statistic to think about especially when the car industry is taking a big blow right now.Economies in India and China are set to boost. So, before they do companies from all over the world are trying as hard as possible to get their investments in place in time to make some serious money off of this profitability.

The market for used cars in India has also risen with the need to buy an audi or buy a renault dropping. Used cars these days are extremely reasonable in over populated regions of the world like India and people are more than prepared to make the most of this now. China, japan and America are amongst several countries that are offering a mix of credits and tax breaks to try and boost auto sales by getting consumers to trade-in old cars for newer, more fuel efficient models which is thus helping keep the environment clean and safe. India’s central bank ploughed roughly 5.6 trillion rupees into the economy which together with the government fiscal stimulus amounted to more than 12 percent of gross domestic product. Car sales also gained in India by 1.3 percent in the fiscal year which ended in late March, the slowest pace recorded from the last seven years. There is clear evidence that the bad economy has had a massive affect on us all yet with the overwhelming population and workforce from India and China the economy can grow and recover quicker.