SCRIPTING FUTURE HISTORIES - Sun Media Pte Ltd

Highlights
■ The cumulative production for April-March 2012 registered
a growth of 13.83% over April-March 2011, manufacturing
20,366,432 vehicles during the period.
■ As per the 2010-11 data released by the Society of Indian
Automobile Manufacturers (SIAM), the Indian domestic vehicle
market is dominated by the two-wheelers segment with 76% of the
pie. Passenger vehicles, commercial vehicles and three-wheelers
account for 16.25%, 4.36% and 3.39% of the market, respectively.
■ While passenger vehicle segment grew at 4.66% during April-
March 2012, overall commercial vehicle segment registered an
expansion of 18.20% year-on-year.
■ The industry exported 2,910,055 units registering a growth of
25.44% in April-March 2012. Automobile exports registered a
growth of 17.81% in March 2012 as against March 2011.
■ Industry body SIAM expects overall automobile sales to grow
by 10-12% in 2012-13 on the back of supportive Government
policies, launch of new models and intensifying enthusiasm for
cars among Indian consumers.
Biotechnology
The Indian biotechnology sector is one of the fastest growing
knowledge-based sectors in India and is expected to play a key
role in shaping India’s rapidly developing economy. With numerous
comparative advantages in terms of research and development (R&D)
facilities, knowledge, skills, and cost effectiveness, the biotechnology
industry in India has immense potential to emerge as a global key
player.
The Indian biotech industry grew threefold in five years to report
revenues of US$ 3 billion during 2010-11, a rise of 17% over the
previous year, according to the eighth annual survey conducted by the
Association of Biotechnology-Led Enterprises (ABLE) and a monthly
journal, BioSpectrum.
Indian Industry
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