People will shun shared mobility after the lockdown: What's shaping sales strategy at Hyundai

Know more→

Mobility Energy and Transportation

People will shun shared mobility after the lockdown: what's shaping sales strategy at hyundai

14 May 2020

1 min read

The subscription model-based business in India is still at a nation stage industry experts that the subscription market to be badly 15,000 units annually in India at present coma having grown only in the last couple of years.

However, this market has great potential as millennials move to cars with different ownership models. In a post-pandemic era many first time buyers might want to own a car without committing to 3-5 years of equated monthly installment (EMIs). The subscription model caters to their needs, feels Aryaman Tandon, automotive leader at consultancy and advisory firm Praxis Global Alliance. With awareness and availability the car subscription business is expected to pick up in India.

Featured Leader: Aryaman Tandon

This article was originally published on ET Prime. Read more.

Are you looking to grow faster than the competition? Write to us below.

Disclaimer: The text, images and content here have been reproduced from the original publisher. Praxian Global Private Limited does not claim any ownership or right to use of this content and the rights belong to the publisher. We have contributed our perspectives, which are often proprietary, to the content publisher. We or the publisher have no obligation to update or refresh the content or our perspectives shared herein.

Ready to talk?

I want to talk to your experts in:

We work with ambitious leaders and transformative clients who are defining the future. Together, we achieve extraordinary outcomes.

People will shun shared mobility after the lockdown': What's shaping sales strategy at Hyundai | PraxisGA