JK Records Slowest Growth in Car/Jeep/Van Ownership: Study

KL Report

SRINAGAR

The State of Jammu and Kashmir has the slowest growth rate in terms of vehicle ownership in India, a recent study has said.

According to cartradeindia.com, Industry body Associated Chambers of Commerce and Industry of India (ASSOCHAM) while studying trends in many states across India calculated growth in the use of cars, jeeps and vans as modes of transports in every 1000 households for a period of 10 years.

D S Rawat, the National General Secretary of ASSOCHAM, while speaking about the study titled “Automobile Industry in India: Saturated” says: “For the period of ten years from 2001 to 2011, Odisha recorded a phenomenal growth of 293 per cent, far exceeding the over growth rate (105%) of car/jeep/van use.”

Jammu and Kashmir figures among the states with lowest growth rate, along with Tamil Nadu (72 per %) and Karnataka (84 %),” Rawat while quoting the study, said.

“Himachal Pradesh and Haryana are among the fastest growing states in terms of car/jeep/van use in urban and rural centres respectively during the period,” he said.

Interestingly, the study says that all-India average growth for the use of scooter as transport for the period 2001-2011 was around 96 per cent.

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