ABSTRACT India’s automobile industry is one of the key drivers that promote the economic growth of the country. Personal vehicle ownership in India is increasing at a fast pace as a result of rapid economic growth witnessed in the last two decades. The rise in disposable income (in both rural and urban sector), presence of a wide variety of options to choose from and availability of easy finance are the main drivers of automobile sales in India. The relative popularity of the various segments of
The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country's Gross Domestic Product (GDP). The Two Wheelers segment with 81 per cent market share is the leader of the Indian Automobile market owing to a growing middle class and a young population. Moreover, the growing interest of the companies in exploring the rural markets further aided the growth of the sector. The overall Passenger Vehicle (PV) segment has 13 per cent market share. India
ABOUT THE INDUSTRY The Indian automobile industry is one of the the largest in the world. It contributes to 7% of GDP and provides employment to 30 million people and contributes 13 % to excise revenue. The two-wheeler industry has the largest market share of automobile sector in India, holding 78 per cent of the market. It is basically divided into three segments: motorcycles, scooters, and mopeds. The bulk of India’s two-wheeler sales come from commuter motorcycles and automatic scooters. The
MERCEDES BENZ CASE STUDY Indian Automobile Industry & ‘PEST’ Analysis Any vehicle having a gasoline or diesel internal-combustion engine and designed to run on roads is called an automobile. • Automobile sector includes passenger cars, trucks, tractors, scooters, motorbikes, scooty, jeeps and three wheelers. • Turnover of automobile industry is $ 48.86 billion. • Employment generated by automobile industry is 13.1 million. • Expected growth rate for the financial year 2011-2012 is
of Men and Women in Indian Television Advertising Abstract Although gender role portrayals in advertising have been extensively studied in Western and other Asian countries, very few such analyses have been done in India. The study does a systematic analysis of the role portrayal of men and women in Indian television advertising. 128 male role portrayals and 196 female role portrayals are content analyzed for the years 1996, 1999 and 2002. Results show that Indian advertising depicts
The Sale of Indian Textiles in Canada Canada, with its economic and political stability offers a variety of business opportunities. With such a large population of immigrants, Canada is known for its acceptance of diverse cultures. English and French are Canada's official languages and there are many other languages spoken freely by diverse racial groups on Canadian soil. Many different religions are also practiced freely and peacefully in Canada. India has a population of 986.6 million people
1. Industry profile Automobile industry in India Indian automobile industry is one of the largest markets for automobiles in the World with the yearly production of 17.5 million vehicles. Out of which, 2.3 million vehicles are exported abroad. Automobile industry comprises of two-wheeler vehicles, three-wheeler vehicles, passenger cars and commercial vehicles. In the World, Indian automobile industry is largest three-wheeler market, second largest two wheeler market, fourth largest tractor market
The automobile industry, and the auto components industry, is one of the core industries in India. A well developed transportation system its plays the important role in the development of an economy . Automobile is one of the largest industry in the global market. Automobile Sector occupies a special place in the fabric of Indian Economy. Automobile sector is leader in product domestic automobile industry is believed and manufacturing sector. It has been recognized as economic growth and the
passenger cars. The Automobile Industry has been in the booming phase for the past 10 years, on the strength of the Indian Government’s liberalized economy policy and freedom from the License Raj. Globalization and liberalization, with the entry of many prominent foreign manufacturers, changed the automobile scenario in India, since early 1990‟s. The Government of India allowed Foreign Joint Venture in the industry since early 1990, which saw many automobile giants entering the Indian market with their
The Indian auto-components industry can be broadly classified into the organised and unorganised sectors. The organised sector caters to the original equipment manufacturers (OEMs) and consists of high-value precision instruments while the unorganised sector comprises low-valued products and caters mostly to the aftermarket category. Majority of Indian auto component exports are to countries in Europe, which account for 35 per cent followed by countries in North America with 26 per cent. The export
The Indian automotive industry has four noteworthy sections - commercial vehicles, passenger vehicles, three wheelers, and bikes. As per the Society of Indian Automobile Manufacturers (SIAM), the Indian automotive market has three sections - passenger vehicles, multi-purpose vehicles, and utility vehicles. It is then further sub-divided based on the length of the vehicle as segment A, B, C and so on. The Indian automotive industry was a very precautious and safeguarded industry with not very many
HYUNDAI’S ENTRY INTO INDIA’S MARKET The barriers of entry faced by automobile companies in India are at relatively high levels of import duties, a nascent ancillary industry, and product modifications required for relatively poor road conditions and high levels of heat and dust. (Avinandan Mukherjee, pg 36) Hyundai’s mode of entry into India was a green field entry. Hyundai started from scratch to enter the Indian market. A green field entry would mean that Hyundai would have to invest 100% of
INDUSTRY OVERVIEW Products used in the manufacturing of an automobile or vehicle are classified as auto components. These include electrical & electronic parts, engine & exhaust, interiors, suspension & braking, transmission & steering and body & structural parts. The USD 47 Billion auto component sector manufactures close to 20,000 parts that are required for vehicle manufacturing. The auto components industry is an integral part of the Indian automotive industry, with this industry’s growth being driven
INTRODUCTION Mahindra & Mahindra Limited (M&M) is an Indian multinational manufacturing corporation with headquarters in Mumbai. It is one of the largest vehicle manufacturers by production in India and the largest seller of tractors across the world. After 1994, the company reinvented the strategies for boosting the sales of its existing products. When those strategies exhausted, the company conceptualized the birth of a new market leader through “Project Scorpio” to enter into the Utility Vehicle
Pavan Kumar 120 Rajarshi Mukherjee 131 Vishakha Vartak 154 Vivek Mohandas 158 AUTOMOBILE INDUSTRY DYNAMICS The Automobile Industry plays a very important role in the manufacturing scenario of India accounting for 22% of the country’s manufacturing GDP3. The automobile sector is widely perceived to be a good indicator of the Indian Economy. Today, India has become the outsourcing hub for many of the global automobile manufacturers. The Auto industry compromises of four segments1: passenger vehicles(15%)
Submitted by: Parvati Rajpal Roll No: 1421049 Company Name: Tata Motors The automobile industry in India aims to be the third largest automobile industry by 2016. Also, by 2020, India plans to increase its share in global passenger manufacturer to 8% from 4% in 2011. An increase in passenger vehicle production from 3.1 million in 2014 to 10 million by 2021. Indian automobile industry has a market share of USD 67.7 million. India has been seeing an economic growth, which has brought in new employment
the West. Americans were trying to destroy the culture Natives had. Thomas Fitzpatrick was an Indian agent that had convinced the Natives to move and live in the west side of the Mississippi River. Natives thought they would be safe there because it was illegal for Americans to go in their territory. Even with that protection of the land Americans will sneak in to find gold, which caused for the Indians to be displaced again. It made the Cheyenne and Arapaho move from the land that was once promised
World Renunciation in Indian Religious Traditions World renunciation is a major theme in Indian civilization, seen by the fact that all major Indic Religions deal with it in one way or another. The ancient Vedic texts laid out a cosmic and social hierarchy – a conception of ‘the world’ – and taught people how to act in accordance with their varna in a way that kept the world in harmony and kept the gods appeased. In the 6th century BCE, world renunciation emerged as a component of religious
Tigua Indians The Saga of the Tigua Indians is an amazing one. By all reasoning they should have been wiped out long ago. There quiet defiance to change, however, has carried them through. From the height of civilization to near extinction the Tigua have remained. They endure imprisonment by the Spanish, oppression and manipulation by everyone that followed. This is the story of a people thought to extinct, that are once again learning to survive. Early histories of the Tigua Indians are conflicting
In American Indian Stories, University of Nebraska Press Lincoln and London edition, the author, Zitkala-Sa, tries to tell stories that depicted life growing up on a reservation. Her stories showed how Native Americans reacted to the white man’s ways of running the land and changing the life of Indians. “Zitkala-Sa was one of the early Indian writers to record tribal legends and tales from oral tradition” (back cover) is a great way to show that the author’s stories were based upon actual events