And it's changing rapidly. Financing is much easier and salaries have grown significantly.
30 years ago, your only choices for a car were a Maruti Suzuki 800 or an Ambassador.
20 years ago car financing started in India, and multiple private sector car manufacturers like Hyundai, Toyota, Renault, etc entered the market.
And over the past 15 years car ownership has grown from around 90 million cars to 330 million cars.
As India grows richer, people buy cars.
> where would you park them
Congested street parking. Most Indian cities have some amount of space. They aren't all tiny alleys that can barely fit people
Look. India and developing countries aren't Western Europe.
A 2 wheeler or 3 wheeler isn't seen as prestigious - a car is the aspirational image of the middle class. Doesn't matter if it's India, Vietnam, or Indonesia - this is the mentality.
> 30 years ago, your only choices for a car were a Maruti Suzuki 800 or an Ambassador.
Don't forget the Fiat!!
I grew up in an India where even phones were a luxury, so I do have some background. I live in a medium-sized (Tier-2) city. There is absolutely no place to park cars. People park on busy roads and just walk away, making traffic much worse.
And it's changing rapidly. Financing is much easier and salaries have grown significantly.
30 years ago, your only choices for a car were a Maruti Suzuki 800 or an Ambassador.
20 years ago car financing started in India, and multiple private sector car manufacturers like Hyundai, Toyota, Renault, etc entered the market.
And over the past 15 years car ownership has grown from around 90 million cars to 330 million cars.
As India grows richer, people buy cars.
> where would you park them
Congested street parking. Most Indian cities have some amount of space. They aren't all tiny alleys that can barely fit people
Look. India and developing countries aren't Western Europe.
A 2 wheeler or 3 wheeler isn't seen as prestigious - a car is the aspirational image of the middle class. Doesn't matter if it's India, Vietnam, or Indonesia - this is the mentality.
What's with the gora poverty backchodi.