The past, presnet and future of Automobile Industry in India.
EVOLUTION OF AUTOMOBILE SECTOR IN INDIA
MARKET OVERVIEW
KEY PLAYERS
LATEST TRENDS
GROWTH DRIVERS
POLICIES AND INITIATIVES
INVESTMENT SCENARIO
OPPORTUNITIES
INDUSTRY ORGANISATIONS
SWOT ANALYSIS
PESTEL ANALYSIS
PORTER’S ANALYSIS
10. India is fast emerging as a global R&D hub.
Opportunities for creating sizeable market segments
through innovations
Small-car manufacturing hub
OPPORTUNITIES
12. SWOT ANALYSIS
Evolving industry
Constant product innovation & technological advancement
Manufacturing facilities in Asian nations to control cost
Bargaining power of consumers
Government regulations
High employee turnover
14. PESTEL ANALYSIS
Governments around the world are favoring low emission vehicles. Moreover, taxes on
the luxury vehicles and fuel guzzlers have grown higher.
Technology that is fuel efficient and low on emission can easily pass government rules.
Moreover, the import rules and taxes vary from country to country.
Changing government regimes as well political regulation of the market can from time
to time cause favorable or unfavorable fluctuations.
This area was hit hard by the ongoing monetary emergency. At the point when the monetary
conditions are bad, the offers of vehicles fall. The interest for extravagance or expensive
vehicles is likewise influenced ineffectively during poor monetary conditions.
In the event that the monetary conditions are great, the offers of vehicles can stay high. The
deals are commonly higher in the developed nations.
15. The automotive business is additionally influenced by the changing socio social patterns
and individuals' inclinations. Vehicle creators need to receive to these powers.
Consistently new models are discharged remembering individuals' inclinations. In addition,
explicit styles are favored in specific societies.
The more creative the organization, the higher is its piece of the overall industry. Given
this reality, all the real players make immense interests in innovative work.
Brands like Toyota, Hyundai and Ford are putting resources into low outflow and
condition neighborly vehicles.
Toyota is notwithstanding wanting to discharge a driverless vehicle in the coming
years. Not simply this, the major mechanical players are attempting to enter this
segment of the business.
16. The laws identified with condition kind disposition and carbon discharges are
becoming stiffer around the world.
Given that all the real players in the car business needed to center upon low outflow
vehicles. The vehicles which are low on emanations and fuel utilization get charge
endowments and are supported by the legislature and law.
Law is another significant factor that gets the chance to influence the productivity and
execution of the vehicle brands.
Vehicles selling in the universal market are liable to laws identified with item quality
and wellbeing. The contamination laws have become stricter.
17. PORTER’S ANALYSIS
• The buyers in the industry have high bargaining power because they have
many options in the same price range.Buyer Power
• The supplier power is low due to the availability of a large number of
suppliers and cheap import of automobile components from countries like
China.
Supplier power
• The competition in the industry is very high and is expected to increase
further due to the entry of many new foreign players in the country looking
at the prevalent high demand.
Competitive Rivalry
• In each segment, there are substitutes available in the segments itself.
Across segments, passenger cars are said to be the closest substitute to the
two wheeler segment, especially after the introduction of the Tata Nano.
Availability of Substitutes
• The industry is capital and technology intensive, Also the industry requires
a wide distribution network to be in the race. Hence the threat of new
entrants is fairly low.
Threat of New Entrants