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Automobile Companies- New Bikes, Cars And There Insurance
Additionally, as per the Automotive Mission Plan (AMP) 2006-2016
, presented by the country's Ministry of Heavy Industries and Public Enterprises, India is a desired investment destination for international auto-makers, many of whom have set up manufacturing divisions in the country, opening a entire new vista of job opportunities for engineers. The automobile companies , which includes design, development, repairing, manufacturing and sale of cars, two-wheelers, three-wheelers, as well as trucks, buses and tractors, has witnessed a surge over the last few years and continues to boom even today.With over a billion plus population, the bike industry in India has seen stunning growth in the last decade and continues to move from strength to strength. new bikes encompass a main portion of the Indian two-wheeler industry. This huge growth in the bike segment is purely attributed to two important factors, namely disposable income and availability of despicable financial services. With changing market dynamics, bikes have slowly started replacing the scooter and mopeds. Consuming a large share in the Indian two-wheeler industry, bikes have come to symbolize style and class for many Indian men and a few women as well.
Automobile companies and industry have a special impact on the daily life of the modern day man, which requires fast mobility with reliability. The rapid growth in the automobile industry is the evidence of the latest automobile technology, which has made automobiles the best ever growing sector in the Indian economy.
The many and varied loan options available for consumers today have enabled community from all walks of life and income levels them to purchase their dream car. For most people who make plans to own a new or used car, the option is endless because of the availability of automobile insurance in the car market today. However if you are serious about financing a new car, and you need to appreciate your options, then you could try using one of the many automobile insurance calculators.
In a lot of cases this is not an exact loan quote but incredible that will help you prepare for the payment that you need to make and how you will divide your monthly income between paying your mortgage, loans and home-related fixed cost such as food, clothing, education, etc. An automobile insurance calculator helps you find out an approximation of your monthly payments including the financing company's interest rates, among others.
It's important to become familiar with the available types of coverage, their limitations and associated costs in order to make important educated decisions when it comes to insuring vehicles. Avoid assumptions and be sure to clear up any concerns or questions prior to policy issuance. Remember that it's never too late to change coverage, even after policies are purchased.
Auto insurance helps you to protect you and your family against financial loss in the event of an accident or other cause of loss. It covers the injuries and damages caused by an accident and for which you are legally responsible. It may also cover the costs of repairing or replacing your vehicle if it is damaged or stolen.
by: Dharmaraj