BAZAR, India — A new generation of car sellers is set to open up in India as the country opens its doors to more cars, with car dealerships across the country opening their doors for the first time in over a decade.
The car dealership industry is now the largest in the world and a major contributor to India’s economy, with over 50,000 car dealers nationwide.
While there are currently a few hundred car dealers in India, a total of over 4,000 dealerships have opened up in the past 10 years.
Bazars will now be able sell cars, but they are not limited to that.
“The Bazar will also offer auto accessories, as well as accessories for cars like air conditioning, windows, doors, mirrors, wipers, air conditioning systems and air conditioning units,” said M.K. Sharma, managing director of Daimler India.
In addition, Daimlers will be bringing a wide range of other products including electric vehicles, smart cars and car parts.
Sharma said that the Bazar has more than 40 dealerships with over 200 outlets across the city of Bengaluru.
More than 70 percent of the cars in the city are imported.
For the first five years, the Bazaar has been operating without any restrictions.
But in March, the Indian Automobile Association (IAA) called for the government to relax some restrictions on car sales.
This means that dealerships will now have to go through a stringent licensing process and a strict inventory management system to sell vehicles, which will not be available in most markets, such as those in Mumbai, Delhi, Mumbai and other major cities.
IAA chief executive Vishnu Kumar told NDTV that the government is “completely in the wrong” and should make it easier to sell new vehicles.
India is set for a “major transformation” in the automobile industry, he said.
However, there are still some hurdles that will need to be overcome before the Bazars are able to take off.
Even though Bazar dealerships are allowed to sell their cars in their respective states, the government has yet to make a decision on whether it will allow a state to set up a Bazar.
On Friday, a state of Maharashtra had declared that its dealerships would be allowed to take part in the car-selling programme, but it has not yet decided whether to do so.
Mumbai Mayor D. Venugopal has also asked the government not to make it a one-size-fits-all model, and to allow states to set their own requirements for their own car-dealership.
As of now, Maharashtra has more Bazar cars than any other state, according to the government.
Some car dealers said they would open their doors only for people with Indian visas.
“There will be a very few people who come and ask us to give them a loan to buy a car, which is very challenging.
But the number will go up if there is a significant increase in foreign cars coming in,” said N. Ramadoss, CEO of Minshan Motors.
“We will give a specialised loan for every foreign car that comes into the city,” he said, adding that dealers will be required to give a list of the car’s features to the customers.