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      Automobile accessories market may double

      Mohan

      Mohan

      NEW DELHI, : With the Nano catching the imagination of car lovers in the country and several other automobile companies coming out with new models, the car accessories market is expected to get a further push.

       

      Currently, the car accessories market is estimated at Rs 1200 crore, which is expected to double by 2010 achieving a growth of around 25% year-on-year. The car accessories and decor pavilion at the 9th Auto Expo 2008 is flooded with auto enthusiasts who are checking out the latest gadgets to adorn their vehicles, ranging from car radios, musical systems to lighting accessories, safety & security systems and upholstery.

       

      The accessories pavilion demonstrates the innovation and technological advancement of the global automotive majors. It also bring to the fore the huge business opportunity in car accessories, decoration and related products.