Monday, April 23, 2012

Future Major Economy but Major Issues Still Unsolved

According to World Bank report, India will be a major economy by 2020 and has been increasingly looked at as an engine that will steer global development in future. This is reason adequate to look at the economic prospects of India over the current decade. Each sector of Indian economy will be much different in 2020 as it is now. India will be among one of the five economical powerhouses after 8 years i.e. 2020.

Let’s put aside all this and think about the actual circumstances of our country. GDP of India might be increasing gradually but the condition of some states is really thinkable. There are two India in our country, one is a building economy that competes with the world and the other one is the striving hard to earn food for its people. One India is hosting commonwealth games, spending billions on metros and the other one is hosting millions of families without home and food.

Recently Formula One was organised in Greater Noida, event was a major success and everyone was saying that India is now among the US, France and many other big countries. But if given a thought, is Formula one really significant in our country, is Formula one really need of the time. Billions of rupees were spent to make the race track for formula one racing, a racing which will take place once in five years. How many people in our country actually understand the formula one racing, and people who attended the race event were among the rich people of our country including the politicians and their families, big business honchos and movie stars, Rest of the India was just wondering what this is all about. One just needs to move out from some 15-20 cities of India and see the bitter condition of rest of the country.

Imagine this amount of money being used for rural education and other beneficiary programmes, half of the money would go in ministers pocket and then half money would go into the state officials pocket. That’s how we are able to see such big scams in our country and that’s why there are series of corruption scams. There are numbers of persistent problems in the country like less income, less opportunities, the criminalisation of politics, the political corruption, and several internal terrorist groups. Aren’t these problems enough important to be tackled and solved rather than things like Formula one and all.

Transition stage through which India too is going is very crucial and market regulation, political oversight and the other institutions of governance strictly need to improve and become very effective. Doing so would surely make the path to 2020 easy for India and one day world. Recently International Monetary Fund (IMF) has released data and according to it, India is now the third largest economy in terms of Purchasing Power GDP. Japan is at 4th while United States of American and China are first and second respectively. It’s a very positive and moral boosting fact for India but at the same time, crucial issues should also be not ignored and concrete steps should be taken because Real India is different and needs effective measures.

Monday, April 16, 2012

Another Feather in Cap - Wheelz India Starts Services at Aurangabad

Adding another feather in its cap, Wheelz India has now opened its Car Rental services for the city of Aurangabad.

The city is a tourist centre, surrounded with several historical monuments, including the Ajanta Caves and Ellora Caves, which are UNESCO World Heritage Sites, as well as Bibi Ka Maqbara. Culture of Aurangabad is quite similar to Hyderabad large number of tourists visits Aurangabad annually.

According to the Mr. Ashok Vashist Chief executive officer of Wheelz India, the city of Aurangabad is a tourist destination and has the potential to be a major tourist attraction. “We were planning from a long time to have a branch at Aurangabad and now that we have opened, we will make sure to deliver the best Car Rental and Outstation Packages for the people of this city. Although there are already several car rental service providers present here but the way we have satisfied customers earlier in other cities of India here also we will do our best,” said Mr Ashok.

Mr. Vivek Laroia, Chief operating officer of Wheelz India emphasised on the diverse options of car rental company will be providing. “Wheelz India is known to deliver the best car hire services among its competitors. We believe people of this city will give us a chance to give them services with best rates and standards,” said Mr Vivek.

Summarising the whole event, Mr. Vivek said that Wheelz India is proud to give its services in Aurangabad and look forward to have other branches as well in different cities of Maharashtra. “ With our Rent a car, car hire and online car rental packages, people of this city will feel complete for any kind of car rental requirement,” Added Mr. Vivek.

Monday, April 9, 2012

India – A Developing Car Rental Market

From last ten years, India has grown into a big Car Rental market with huge yearly turnover. It is estimated that Indian car rental market is more than Rs 11,000 crore and is expanding with a fast rate. With numerous car rental companies now in India, there are various outstation packages, car rental packages, online car hire deals and rent a car deals available in the market.

India is a major tourist place and is now one of the rapidly developing countries with respect to every sector and industry. India is home to many historical, mythological and ancient places and monuments and people from all around the world come to visit such kind of places with curiosity. From Historic cities like Agra and Delhi to culturally rich cities like Khajuraho, Varansi and Mathura, India has every kind of essence in it to attract people from all over the world.

Tourism is one of the contributing factors to the India’s economy with a big share of revenue generation. India is a land of mountains, hills, great forests, and mythological pilgrimages, tourist places are present in each and every corner of the country. The increase of the car rental agencies in India has a lot to thank to the positive measures implemented by Tourism Ministry of our country.

India is also now a major hub for several multinational and international companies of the world. Many cities of our country have grown and developed extensively. Cities like Bangalore, Mumbai, Delhi, Pune, Hyderabad, Chandigarh, and other many cities now host offices of various big multinational companies. This has developed huge requirement of cab services in India. Car rental industry witnessed a boom in the last 10 years with the increased tourism and business opportunities.

Now days each and every type of car category is available in the market, from economy to intermediate and luxury to super luxury like BMW and Mercedes. From small Indica to Innova and from Corolla to Camry, each car is now available for rental services in the Indian car market.
Every year a new company joins the market and being a growing industry tough competition is there among the companies and this has somehow benefited the customers. Rates of many luxury cars have been lowered because of tough competition and thus demands for luxury cars among the customers have increased tremendously.

Travelling and other related services have, to some level, become a hassle-free and safe experience in India thanks to various cab and car rental companies offering car hire and discount car rental services. Easy booking, safety and quick customer service, correct fare meters, etc make these cars a blessing for locals and foreigners travelling in India.