This Presentation is about the notion of India's economy and automotive industry along with a short SWOT analysis of how to compete in the world automotive market.
13. 1-5 INDIAN ECONOMY
Long term growth trend of 6.6%
2019 - GDP growth rate has dropped below that number for 2
consecutive quarters
2019 - Quasi-recession (decreased consumer spending & less
investments)
September 2019 - 10 straight months of auto sales decline (worst in 2
decades)
17. Consumer Preference
● Growing interest in Electric vehicles
● Technological Innovation
● Diesel over gasoline vehicles
● Car body style preferences
18.
19. Hyundai Kona MG eZS
Upcoming Electric Cars In India
Re
Maruti Suzuki Wagon
Mahindra XUV 300 EV Tata Altroz EVNissan Leaf
28. References
❖ International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS),
2014, Vol 1, No.6, 21-33.
❖ World Bank 2019
❖ www.focus-economics.com
❖ www.tragindeconomics.com
❖ http://www.blog.sanasecurities.com/outlook-of-stocks-in-the-indian-
automobile-industry/
❖ https://www.researchgate.net/publication/327070602_Consumer_Buying_Beha
viour_of_Cars_in_India_-_A_Survey
❖ https://www.team-bhp.com/forum/indian-car-scene/195012-indian-car-sales-
interesting-charts-depicting-brand-budget-fuel-body-style-preferences-3.html
❖ https://economictimes.indiatimes.com/industry/auto/india-pips-germany-ranks-
4th-largest-auto-market-now/articleshow/63438236.cms?from=mdr
❖ https://www.best-selling-cars.com/global/2018-full-year-international-global-
top-selling-car-models/
❖ https://www.slideshare.net/shritheja/swot-analysis-of-automobile-industry-in-
india
Editor's Notes
Agriculture - largest producer of milk. Second largest produce of rice, wheat, and others.
Industry - automotive, textiles, pharmaceuticals
Services - IT, telecommunications and software
In 2017, almost half of India’s GDP was generated by the services sector, a slight and steady increase over the last 10 years. Among the leading services industries in the country are telecommunications, IT, and software.
In 2018, 43.86 percent of the workforce in India were employed in agriculture, while the other half was almost evenly distributed among the two other sectors, industry and services. While the share of Indians working in agriculture is declining, it is still the main sector of employment.
Projections (from article written in November of 2018
India’s economy recently surpassed China's to become the world’s fastest growing large economy. We forecast India’s growth at 7.4% FY 2019.
The GDP per Capita, in India, when adjusted by Purchasing Power Parity is equivalent to 39 percent of the world's average. GDP per capita PPP in India averaged 3624.14 USD from 1990 until 2018, reaching an all time high of 6899.20 USD in 2018 and a record low of 1887 USD in 1991.
The Gross Domestic Product (GDP) in India was worth 2726.32 billion US dollars in 2018. The GDP value of India represents 4.40 percent of the world economy. GDP in India averaged 587.93 USD Billion from 1960 until 2018, reaching an all time high of 2726.32 USD Billion in 2018 and a record low of 37.03 USD Billion in 1960.