Publication Type

Magazine Article

Version

publishedVersion

Publication Date

3-2025

Abstract

Seven steps to achieve market entry based on lessons from recent market exits. New entrants need to tailor their trucks for India's geography, infrastructure, and conditions to improve acceptability and market share. Boost demand by building an export-driven business model in India to counter the threat from inadequate and stagnant domestic demand. Align service offerings with customer expectations to gain greater vehicle acceptability.

Keywords

market entry strategy, commercial vehicles, India, foreign manufacturers, export-driven model, customer expectations, vehicle customization, infrastructure adaptation, market exits, automotive industry

Discipline

Marketing | Operations and Supply Chain Management

Publication

Asian Management Insights

Volume

12

Issue

1

First Page

42

Last Page

50

ISSN

2315-4284

Publisher

Singapore Management University, Centre for Management Practice

City or Country

Singapore

Embargo Period

5-20-2025

Copyright Owner and License

Singapore Management University

Additional URL

https://cmp.smu.edu.sg/ami/issues/volume-12-issue-1/insights/how-can-foreign-commercial-vehicle-manufacturers-succeed

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