New Legislation on Automotive Security to Stimulate Growth in the Vehicle Security...

New Legislation on Automotive Security to Stimulate Growth in the Vehicle Security Industry in India

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c90894) has announced the
addition of Theft and Car Insurance in India to their offering.

From October 2008, new legislation is being introduced in India
which will increase the insurance requirements relating to vehicle
security and create a new market opportunity for vehicle manufacturers
and suppliers.

Whilst compliance with anti-theft standards in India is currently
voluntary, the new legislation will make the fitment of immobiliser
systems compulsory and in so doing, stimulate growth in the vehicle
security industry.

Theft and car insurance in India contains vital market and
technical information on the current insurance situation in India, and
provides manufacturers with a clear guide to the security levels they
must achieve to comply with the new legislative requirements.

This report will help you to:

- Understand the current insurance system in India and the
legislative changes being introduced in 2008

- Learn about the Indian market, including sales, theft data and
theft reduction initiatives

- Gain an insight into cost of ownership issues and understand how
Indian standards for security compare to those set by the EU

Who should buy this report?

This report will be of interest to vehicle manufacturers and
security system suppliers wishing to grow their share of this
developing market by keeping up to date with the important legislative
changes in India.

For more information visit
http://www.researchandmarkets.com/reports/c90894

Research and Markets
Laura Wood, Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

Copyright Business Wire 2008