The automobile industry in India is emerging as an important sector of the Indian economy. Key factors driving growth include rising incomes, a young population, and urbanization. The industry is dominated by two-wheelers but passenger vehicles are the fastest growing segment. Major players include Tata Motors, Mahindra & Mahindra, Maruti Suzuki, and Bajaj Auto. The government has increasingly liberalized policies governing the sector since the 1990s to encourage investment and competition. India now has a large automotive manufacturing base across the country.
The automobile industry in India has experienced significant growth and evolution over the past several decades. Starting from just a few imported vehicles in the late 1800s, India has become one of the largest automobile producers in the world. Major players like Mahindra & Mahindra and Tata Motors emerged in the 1940s-1950s, while economic liberalization in the 1990s led to growth in foreign investment and joint ventures with companies like Suzuki and Toyota. The supply chain system has also evolved to more closely mirror international models. Though dominated by two-wheelers, all segments have expanded, with electric vehicles and exports becoming growing focuses. Continued government support aims to further develop automobile manufacturing as a key driver of the Indian economy
The automotive industry in India has grown significantly over the last 5 years. Vehicle sales reached around 9 million in 2005-06, with growth of 14% annually. India has emerged as the 2nd largest two-wheeler market, 4th largest commercial vehicle market, and 11th largest passenger car market. Major global and domestic players operate in the highly competitive Indian auto industry. The future of the industry looks promising with rising incomes, availability of financing, and government support through policies like lowering duties on smaller cars.
This document provides an overview of the passenger car industry in India. It discusses the history and evolution of the market structure from a duopoly post-independence to an oligopoly today. It analyzes key players like Maruti Suzuki, analyzing their models, pricing strategies, and SWOT. It also discusses entry barriers and competitive threats in the industry.
The automotive industry in India is one of the largest in the world and is growing rapidly. India has become one of the top passenger and commercial vehicle producers. Two-wheelers have the largest market share followed by passenger cars. Key players in the industry include Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra. The industry employs over 13 million people and has an annual turnover of over $35 billion.
The document discusses the growth of the four-wheeler industry in India. It describes how government policies encouraged foreign investment in the car market, leading to growth. Factors like increasing GDP, income, and infrastructure development contributed to rising demand for cars. Major players in India include Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra. The four-wheeler industry provides employment and drives research into more efficient vehicles.
The document summarizes statistics and key aspects of the automobile industry in India. It notes that India is poised to become the third largest auto manufacturing hub by 2020. It lists major players in the passenger car segment like Maruti Suzuki, Tata Motors, and Hyundai. Factors like increasing incomes, credit access, and urbanization are driving growth. JVs between Indian and foreign companies are helping to expand manufacturing capacity. The industry faces opportunities but also threats from new entrants, substitute products, and competitive pressures.
The document provides an overview of the automobile industry in India, including its history, evolution, major players, exports, current status, challenges and trends. It discusses how the industry emerged in the 1940s and grew after economic liberalization in 1991. It is now the 7th largest in the world and a major exporter. Major players include Tata, Maruti, Hyundai and key executives leading companies in India are discussed.
The document provides an analysis of the automobile industry in India. It discusses the history and evolution of the industry from its early days of importing vehicles to now being one of the largest automobile producers in the world. Key points covered include:
- India now has the 10th largest automobile industry globally with an annual production of 2 million units.
- The industry encompasses various vehicle types including 2-wheelers, 3-wheelers, passenger vehicles, commercial vehicles, and tractors.
- The industry has faced challenges like licensing restrictions but has achieved growth. It is expected to become a major global player in coming years.
The automobile industry in India has experienced significant growth and evolution over the past several decades. Starting from just a few imported vehicles in the late 1800s, India has become one of the largest automobile producers in the world. Major players like Mahindra & Mahindra and Tata Motors emerged in the 1940s-1950s, while economic liberalization in the 1990s led to growth in foreign investment and joint ventures with companies like Suzuki and Toyota. The supply chain system has also evolved to more closely mirror international models. Though dominated by two-wheelers, all segments have expanded, with electric vehicles and exports becoming growing focuses. Continued government support aims to further develop automobile manufacturing as a key driver of the Indian economy
The automotive industry in India has grown significantly over the last 5 years. Vehicle sales reached around 9 million in 2005-06, with growth of 14% annually. India has emerged as the 2nd largest two-wheeler market, 4th largest commercial vehicle market, and 11th largest passenger car market. Major global and domestic players operate in the highly competitive Indian auto industry. The future of the industry looks promising with rising incomes, availability of financing, and government support through policies like lowering duties on smaller cars.
This document provides an overview of the passenger car industry in India. It discusses the history and evolution of the market structure from a duopoly post-independence to an oligopoly today. It analyzes key players like Maruti Suzuki, analyzing their models, pricing strategies, and SWOT. It also discusses entry barriers and competitive threats in the industry.
The automotive industry in India is one of the largest in the world and is growing rapidly. India has become one of the top passenger and commercial vehicle producers. Two-wheelers have the largest market share followed by passenger cars. Key players in the industry include Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra. The industry employs over 13 million people and has an annual turnover of over $35 billion.
The document discusses the growth of the four-wheeler industry in India. It describes how government policies encouraged foreign investment in the car market, leading to growth. Factors like increasing GDP, income, and infrastructure development contributed to rising demand for cars. Major players in India include Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra. The four-wheeler industry provides employment and drives research into more efficient vehicles.
The document summarizes statistics and key aspects of the automobile industry in India. It notes that India is poised to become the third largest auto manufacturing hub by 2020. It lists major players in the passenger car segment like Maruti Suzuki, Tata Motors, and Hyundai. Factors like increasing incomes, credit access, and urbanization are driving growth. JVs between Indian and foreign companies are helping to expand manufacturing capacity. The industry faces opportunities but also threats from new entrants, substitute products, and competitive pressures.
The document provides an overview of the automobile industry in India, including its history, evolution, major players, exports, current status, challenges and trends. It discusses how the industry emerged in the 1940s and grew after economic liberalization in 1991. It is now the 7th largest in the world and a major exporter. Major players include Tata, Maruti, Hyundai and key executives leading companies in India are discussed.
The document provides an analysis of the automobile industry in India. It discusses the history and evolution of the industry from its early days of importing vehicles to now being one of the largest automobile producers in the world. Key points covered include:
- India now has the 10th largest automobile industry globally with an annual production of 2 million units.
- The industry encompasses various vehicle types including 2-wheelers, 3-wheelers, passenger vehicles, commercial vehicles, and tractors.
- The industry has faced challenges like licensing restrictions but has achieved growth. It is expected to become a major global player in coming years.
The document provides an overview of the automobile industry in India. It discusses that the industry contributes 4% to India's GDP and employs over 10 million people. It summarizes that Maruti, Tata, and Mahindra & Mahindra are major players in the passenger vehicle, commercial vehicle, and tractor segments respectively. The document also outlines various career opportunities and discusses the future prospects of growth for the Indian automobile industry.
The Indian auto industry is the second largest manufacturer of two-wheelers in the world. It has the potential to become the third largest automobile market by 2030. Key drivers of growth include rising incomes, rapid urbanization, and increased spending on transportation. The industry is dominated by two-wheelers and is expected to continue growing over the next decade, led especially by the market for compact cars. However, factors like fuel prices, infrastructure issues, and changes in economic conditions could impact growth.
This document provides an overview of the automobile industry in India. It discusses the growth and evolution of the industry from the 1970s to present day. Key points include:
- India now has a large domestic automobile industry producing cars, commercial vehicles, two-wheelers and more.
- Growth has been driven by rising incomes, a young population, lower costs than other countries, and government support through policies.
- The industry is expected to continue growing significantly in the coming years, supported by India's demographic trends and expanding middle class.
The document provides an overview of the Indian automobile industry from pre-1983 to present. It discusses the key stages of growth from a closed market with few domestic players to liberalization in the 1990s that led to entry of global automakers. It also outlines the major companies in India today and future prospects like planned investments and capacity expansions. Career opportunities in the automobile sector for MBA graduates are available in cities like Chennai, Mumbai and Pune across functions like marketing, operations, finance etc.
The automobile industry in India is the fourth largest in the world based on annual sales. It has experienced positive growth in recent years with sales increasing by 9.5% in 2017. The industry is segmented into four main categories - two-wheelers, passenger vehicles, commercial vehicles, and three-wheelers. Two-wheelers dominate the domestic market with an 81% share in 2017-18. The industry has benefited from strong domestic demand and exports. It is expected to reach $251-283 billion by 2026, driven by factors like growing incomes, financing availability, and government support for electric vehicles.
The document discusses the automotive industry in India including automotive clusters, the presence of global OEMs, passenger and other vehicle production, the auto component industry profile and turnover. It also mentions the favorable policy regime for the industry. It provides information on IP Rings, a company that manufactures piston rings and precision forged transmissions. It includes details on the company's products, collaborations, shareholding pattern and competitors. It also contains SWOT analyses for the automotive industry and IP Rings.
The document provides an overview of the automobiles sector in India. Some key points:
1) India has a large and growing automobiles market, ranking 7th largest, with established domestic and international manufacturers. Two-wheelers dominate domestic demand but passenger vehicles are growing rapidly.
2) The market is segmented into four-wheelers, three-wheelers, two-wheelers and commercial vehicles, with leaders in each segment. Exports are also increasing with two-wheelers accounting for over 67% of volumes.
3) Factors like rising incomes, a young population, government support and lower costs are driving growth in the sector. Electric vehicles and new financing options are recent trends as the market evolves
An Analysis of Automobile Industry of India as a Market StructureMuhammad Anowar
Automobile industry is a symbol of technical marvel by human kind. Being one of the fastest growing sectors in the world its dynamic growth phases are explained by nature of competition, product life cycle and consumer demand. Today, the global automobile industry is concerned with consumer demands for styling, safety, and comfort; and with labor relations and manufacturing efficiency. The industry is at the crossroads with global mergers and relocation of production centers to emerging developing economies.
Asia has become the major consumer as well as supplier of automobiles. India is concentrating on Middle East and south Asia beside traditional developed country destinations. With the gradual opening up of the component sector, now the challenge is for individual governments to support the development of domestic critical component and sub-system suppliers through, improvement in the investment environment, stronger patent regimes and incentives for R&D.
The automobile industry in India has grown significantly over the past few decades. It started with only two major players and was highly regulated, with import restrictions and high duties. Liberalization in the 1990s led to more players entering the market, both domestic and foreign, and greater competition. Key segments now include two-wheelers, passenger vehicles, commercial vehicles, and three-wheelers. The industry is largely domestically focused but exports have also increased substantially in recent years, with passenger vehicles becoming a leading export category. Overall production and sales have grown at a compound annual rate of over 15% with two-wheelers maintaining the largest market share.
The document summarizes the automobile industry in India. It outlines 5 leading automobile companies - Tata Motors, Maruti Suzuki, Hyundai Motors, Mahindra Motors, and Hero Honda Motors. It provides key details about each company such as their CEOs, popular vehicles, production details, and market share. The automobile industry contributes significantly to India's GDP and employment. Major strengths include a large domestic market and competitive auto components while opportunities lie in rising rural demand and income levels.
The automotive industry in India is one of the largest in the world and fastest growing globally. India is now the 6th largest producer of passenger vehicles globally. The industry manufactures over 11 million vehicles annually and exports about 1.5 million. Two-wheelers have the largest market share of over 75%. Major players include Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra. The industry provides employment to over 13 million people and has an annual turnover of over $35 billion. Tata Motors leads commercial vehicles while Maruti Suzuki leads passenger vehicles. Mahindra is expanding overseas. Hero MotoCorp leads two-wheelers while Bajaj Auto leads three-
The automobile industry in India has grown rapidly in recent years, manufacturing over 11 million vehicles annually and exporting about 1.5 million vehicles. The top automobile companies in India are Maruti Suzuki, Hyundai Motor India, and Tata Motors. Maruti Suzuki has led the industry for many years since starting in 1981, popularizing models like the Maruti 800. Hyundai Motor India was established in 1998 as a subsidiary of the Korean company and has captured market share with vehicles like the Santro. Tata Motors holds the third position and leads in commercial vehicles and certain luxury and multi-utility segments.
Swot analysis of automobile industry in IndiaShri Theja
SWOT is an important tool to understand the internal and external that affect on company's operations. This is a presentation on Swot analysis of automobile industry in India; that will help students of MBA, BBM and other discipline during exams and presentations.
Indian auto industry contributes approx 7.1% o the GDP of India. 31% of the small cars sold globally were manufactured in India (FY 2014-15). With approx. 20 million vehicles sold annually- auto industry has a great potential to engine Make In India. The presentation discusses about the market size, advantage, growth drivers, key segments , FDI & opportunities for Indian MSMEs in this sector.
The Automotive And Construction Equipment Industryshekhar619
The document provides an overview of the automotive and construction equipment industries in India. It notes that the Indian manufacturing industry is growing at 8% annually. The automotive industry specifically is growing at over 15% annually and accounts for 24% of total manufacturing. India produces over 9.9 million vehicles annually including over 1.3 million passenger cars and 400,000 commercial vehicles from 13 manufacturers. It also discusses the passenger car and commercial vehicle segments in more detail along with the major suppliers and manufacturers in each industry.
The Indian auto industry became the 4th largest in the world in 2017 with sales increasing 9.5% to 4.02 million units. Two-wheelers dominate the market due to India's growing middle class and young population. The government has implemented several initiatives to make India a global leader in the two-wheeler and four-wheeler markets by 2020. Marketing involves creating, communicating, delivering and exchanging offerings of value to customers. Tata Motors is India's largest automobile manufacturer, producing commercial vehicles, trucks, buses and passenger cars. It has established brand recognition and focuses on innovation, quality control, competitive pricing and dealership-based distribution.
The document analyzes trends in India's automobile industry from 2002-03 to 2007-08. It summarizes that production and sales of all categories of vehicles including two-wheelers, three-wheelers, commercial vehicles and passenger vehicles have generally increased over the years. However, the industry has faced a slowdown recently due to factors like high interest rates, oil prices, and the global financial crisis. Major players like Bajaj Auto have also seen their financial performance decline in the current fiscal year compared to the previous year.
The document discusses the future prospects of the Indian auto component industry. It notes that the domestic market for four-wheelers is projected to grow at 9% annually, providing good growth opportunities. It also outlines factors driving primary OEM and aftermarket demand, and lists the major auto manufacturers in India and their 2005-06 production levels. The industry is transitioning from low-volume and fragmented to competitive, adopting global standards and consolidation.
Doing business in India (special focus: Indian Automotive Industry)Ratna Chatterjee
What is India ?
What is the profile of an Indian Consumer ?
What is it to do business in India ?
What is Make-in-India ?
What is the Indian Automotive Industry ?
The automobile industry in India is one of the largest in the world and is growing rapidly. India manufactures over 11 million vehicles annually and exports around 1.5 million vehicles each year, making it one of the top vehicle manufacturers globally. Some major automobile manufacturers in India include Tata Motors, Maruti Suzuki, Ashok Leyland, and Mahindra. The industry experiences growth due to existing industrial infrastructure, skilled labor forces, and government incentives in major cities such as Delhi, Mumbai, Chennai, and others. However, pollution from vehicle and factory emissions presents an issue that the government is trying to address through emission standards.
The document analyzes the impact of India's demonetization on the business metrics of Zoutons. It compares traffic, sessions, and pageviews in the two months before and after demonetization on November 8, 2016. Overall, total sessions and traffic declined by around 44% following demonetization. Certain e-commerce categories like apparel sites Myntra and Jabong saw increased traffic and rankings during this period. Digital payment wallets also experienced a boost, while ride-hailing services like Ola and Uber were less affected.
The document provides an overview of the automobile industry in India. It discusses that the industry contributes 4% to India's GDP and employs over 10 million people. It summarizes that Maruti, Tata, and Mahindra & Mahindra are major players in the passenger vehicle, commercial vehicle, and tractor segments respectively. The document also outlines various career opportunities and discusses the future prospects of growth for the Indian automobile industry.
The Indian auto industry is the second largest manufacturer of two-wheelers in the world. It has the potential to become the third largest automobile market by 2030. Key drivers of growth include rising incomes, rapid urbanization, and increased spending on transportation. The industry is dominated by two-wheelers and is expected to continue growing over the next decade, led especially by the market for compact cars. However, factors like fuel prices, infrastructure issues, and changes in economic conditions could impact growth.
This document provides an overview of the automobile industry in India. It discusses the growth and evolution of the industry from the 1970s to present day. Key points include:
- India now has a large domestic automobile industry producing cars, commercial vehicles, two-wheelers and more.
- Growth has been driven by rising incomes, a young population, lower costs than other countries, and government support through policies.
- The industry is expected to continue growing significantly in the coming years, supported by India's demographic trends and expanding middle class.
The document provides an overview of the Indian automobile industry from pre-1983 to present. It discusses the key stages of growth from a closed market with few domestic players to liberalization in the 1990s that led to entry of global automakers. It also outlines the major companies in India today and future prospects like planned investments and capacity expansions. Career opportunities in the automobile sector for MBA graduates are available in cities like Chennai, Mumbai and Pune across functions like marketing, operations, finance etc.
The automobile industry in India is the fourth largest in the world based on annual sales. It has experienced positive growth in recent years with sales increasing by 9.5% in 2017. The industry is segmented into four main categories - two-wheelers, passenger vehicles, commercial vehicles, and three-wheelers. Two-wheelers dominate the domestic market with an 81% share in 2017-18. The industry has benefited from strong domestic demand and exports. It is expected to reach $251-283 billion by 2026, driven by factors like growing incomes, financing availability, and government support for electric vehicles.
The document discusses the automotive industry in India including automotive clusters, the presence of global OEMs, passenger and other vehicle production, the auto component industry profile and turnover. It also mentions the favorable policy regime for the industry. It provides information on IP Rings, a company that manufactures piston rings and precision forged transmissions. It includes details on the company's products, collaborations, shareholding pattern and competitors. It also contains SWOT analyses for the automotive industry and IP Rings.
The document provides an overview of the automobiles sector in India. Some key points:
1) India has a large and growing automobiles market, ranking 7th largest, with established domestic and international manufacturers. Two-wheelers dominate domestic demand but passenger vehicles are growing rapidly.
2) The market is segmented into four-wheelers, three-wheelers, two-wheelers and commercial vehicles, with leaders in each segment. Exports are also increasing with two-wheelers accounting for over 67% of volumes.
3) Factors like rising incomes, a young population, government support and lower costs are driving growth in the sector. Electric vehicles and new financing options are recent trends as the market evolves
An Analysis of Automobile Industry of India as a Market StructureMuhammad Anowar
Automobile industry is a symbol of technical marvel by human kind. Being one of the fastest growing sectors in the world its dynamic growth phases are explained by nature of competition, product life cycle and consumer demand. Today, the global automobile industry is concerned with consumer demands for styling, safety, and comfort; and with labor relations and manufacturing efficiency. The industry is at the crossroads with global mergers and relocation of production centers to emerging developing economies.
Asia has become the major consumer as well as supplier of automobiles. India is concentrating on Middle East and south Asia beside traditional developed country destinations. With the gradual opening up of the component sector, now the challenge is for individual governments to support the development of domestic critical component and sub-system suppliers through, improvement in the investment environment, stronger patent regimes and incentives for R&D.
The automobile industry in India has grown significantly over the past few decades. It started with only two major players and was highly regulated, with import restrictions and high duties. Liberalization in the 1990s led to more players entering the market, both domestic and foreign, and greater competition. Key segments now include two-wheelers, passenger vehicles, commercial vehicles, and three-wheelers. The industry is largely domestically focused but exports have also increased substantially in recent years, with passenger vehicles becoming a leading export category. Overall production and sales have grown at a compound annual rate of over 15% with two-wheelers maintaining the largest market share.
The document summarizes the automobile industry in India. It outlines 5 leading automobile companies - Tata Motors, Maruti Suzuki, Hyundai Motors, Mahindra Motors, and Hero Honda Motors. It provides key details about each company such as their CEOs, popular vehicles, production details, and market share. The automobile industry contributes significantly to India's GDP and employment. Major strengths include a large domestic market and competitive auto components while opportunities lie in rising rural demand and income levels.
The automotive industry in India is one of the largest in the world and fastest growing globally. India is now the 6th largest producer of passenger vehicles globally. The industry manufactures over 11 million vehicles annually and exports about 1.5 million. Two-wheelers have the largest market share of over 75%. Major players include Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra. The industry provides employment to over 13 million people and has an annual turnover of over $35 billion. Tata Motors leads commercial vehicles while Maruti Suzuki leads passenger vehicles. Mahindra is expanding overseas. Hero MotoCorp leads two-wheelers while Bajaj Auto leads three-
The automobile industry in India has grown rapidly in recent years, manufacturing over 11 million vehicles annually and exporting about 1.5 million vehicles. The top automobile companies in India are Maruti Suzuki, Hyundai Motor India, and Tata Motors. Maruti Suzuki has led the industry for many years since starting in 1981, popularizing models like the Maruti 800. Hyundai Motor India was established in 1998 as a subsidiary of the Korean company and has captured market share with vehicles like the Santro. Tata Motors holds the third position and leads in commercial vehicles and certain luxury and multi-utility segments.
Swot analysis of automobile industry in IndiaShri Theja
SWOT is an important tool to understand the internal and external that affect on company's operations. This is a presentation on Swot analysis of automobile industry in India; that will help students of MBA, BBM and other discipline during exams and presentations.
Indian auto industry contributes approx 7.1% o the GDP of India. 31% of the small cars sold globally were manufactured in India (FY 2014-15). With approx. 20 million vehicles sold annually- auto industry has a great potential to engine Make In India. The presentation discusses about the market size, advantage, growth drivers, key segments , FDI & opportunities for Indian MSMEs in this sector.
The Automotive And Construction Equipment Industryshekhar619
The document provides an overview of the automotive and construction equipment industries in India. It notes that the Indian manufacturing industry is growing at 8% annually. The automotive industry specifically is growing at over 15% annually and accounts for 24% of total manufacturing. India produces over 9.9 million vehicles annually including over 1.3 million passenger cars and 400,000 commercial vehicles from 13 manufacturers. It also discusses the passenger car and commercial vehicle segments in more detail along with the major suppliers and manufacturers in each industry.
The Indian auto industry became the 4th largest in the world in 2017 with sales increasing 9.5% to 4.02 million units. Two-wheelers dominate the market due to India's growing middle class and young population. The government has implemented several initiatives to make India a global leader in the two-wheeler and four-wheeler markets by 2020. Marketing involves creating, communicating, delivering and exchanging offerings of value to customers. Tata Motors is India's largest automobile manufacturer, producing commercial vehicles, trucks, buses and passenger cars. It has established brand recognition and focuses on innovation, quality control, competitive pricing and dealership-based distribution.
The document analyzes trends in India's automobile industry from 2002-03 to 2007-08. It summarizes that production and sales of all categories of vehicles including two-wheelers, three-wheelers, commercial vehicles and passenger vehicles have generally increased over the years. However, the industry has faced a slowdown recently due to factors like high interest rates, oil prices, and the global financial crisis. Major players like Bajaj Auto have also seen their financial performance decline in the current fiscal year compared to the previous year.
The document discusses the future prospects of the Indian auto component industry. It notes that the domestic market for four-wheelers is projected to grow at 9% annually, providing good growth opportunities. It also outlines factors driving primary OEM and aftermarket demand, and lists the major auto manufacturers in India and their 2005-06 production levels. The industry is transitioning from low-volume and fragmented to competitive, adopting global standards and consolidation.
Doing business in India (special focus: Indian Automotive Industry)Ratna Chatterjee
What is India ?
What is the profile of an Indian Consumer ?
What is it to do business in India ?
What is Make-in-India ?
What is the Indian Automotive Industry ?
The automobile industry in India is one of the largest in the world and is growing rapidly. India manufactures over 11 million vehicles annually and exports around 1.5 million vehicles each year, making it one of the top vehicle manufacturers globally. Some major automobile manufacturers in India include Tata Motors, Maruti Suzuki, Ashok Leyland, and Mahindra. The industry experiences growth due to existing industrial infrastructure, skilled labor forces, and government incentives in major cities such as Delhi, Mumbai, Chennai, and others. However, pollution from vehicle and factory emissions presents an issue that the government is trying to address through emission standards.
The document analyzes the impact of India's demonetization on the business metrics of Zoutons. It compares traffic, sessions, and pageviews in the two months before and after demonetization on November 8, 2016. Overall, total sessions and traffic declined by around 44% following demonetization. Certain e-commerce categories like apparel sites Myntra and Jabong saw increased traffic and rankings during this period. Digital payment wallets also experienced a boost, while ride-hailing services like Ola and Uber were less affected.
A study on understanding the concept of demonetization with reference to MBA ...Syed Valiullah Bakhtiyari
This research is fully based on primary data and it has been collected first hand by the researcher itself, since the respondents were students pursuing master's in business administration it becomes very interesting to know the new age jargon of demonetization.
Indian automobile industry growth, challenges, opportunitiesShailendra Tomar
The document discusses the growth, challenges, and opportunities of the Indian automobile industry. It notes that India will be a major driver of automotive production growth, especially in the important B segment. The industry is expected to become the world's third largest by 2030. However, the industry faces challenges such as suppliers needing to scale up more quickly than in China and having issues with quality, processes, and testing. The government has introduced initiatives to encourage more fuel efficient vehicles and increase foreign investment. Overall the trends point to reductions in trade barriers and a growing market.
A project report on fundamental analysis of mahindra&mahindra companyBabasab Patil
- Mahindra & Mahindra (M&M) is an Indian automotive and farm equipment manufacturer and the flagship company of the Mahindra Group.
- M&M has a significant presence in key sectors of the Indian economy and is one of the most respected companies in India.
- The document provides an executive summary and theoretical background on fundamental analysis and discusses strengths and weaknesses of this valuation approach before discussing investment valuation.
A project report on fundamental & technical analysis of automobile sector at ...Babasab Patil
This document provides an executive summary of a study analyzing the automobile sector in India through fundamental and technical analysis. Specifically, it analyzes Tata Motors and Maruti Suzuki.
The study aims to predict stock prices and identify optimal times to buy and sell shares. It uses tools like Relative Strength Index (RSI), moving averages, and candlestick charts to analyze past stock performance and identify trends.
Key findings include identifying periods when RSI signals indicated selling Tata Motors and Maruti Suzuki shares, as well as periods of low RSI that signaled buying opportunities. Moving averages and candlestick charts also provided insights into price trends.
The automobile sector in India is growing rapidly and these companies are financially
A project report on automobile industryProjects Kart
- Bajaj Auto is an Indian motorcycle and auto manufacturer founded in 1926 and headquartered in Pune, India. It is the world's fourth largest motorcycle manufacturer.
- The company produces a range of motorcycles, scooters, and auto rickshaws. Some of its popular motorcycle models include the Bajaj Pulsar and Bajaj Discover.
- Bajaj Auto has received several awards for its products from organizations like NDTV Profit, CNBC Overdrive, and UTV Bloomberg-AutoCar. It is also recognized as one of India's most trusted brands in the automotive two-wheeler sector.
Project report affect on buying behaviour of brandingTripureshwar Sah
Here are some key reasons why branding is important:
- Differentiation: Branding helps differentiate a company's products or services from competitors. It creates an identity and image that is unique. This makes it easier for customers to identify and choose a brand.
- Trust and Loyalty: Strong brands build trust with customers over time. Customers become loyal to brands they feel they can rely on. This ensures repeat business and referrals.
- Premium Pricing: Well-known brands with a good reputation can often charge a premium compared to generic or lesser known competitors. Customers feel the brand is worth a higher price.
- Marketing Power: Established brands have power in the marketplace that makes marketing more effective and
The document provides an overview of the history and development of the Indian automobile industry. It discusses key points:
- India is emerging as a major global hub for production and exports of passenger vehicles, commercial vehicles, and two-wheelers. Major automakers are establishing manufacturing facilities in India.
- The industry has grown significantly since liberalization in the 1990s, allowing greater foreign investment and competition. Production and sales figures have increased across all vehicle categories over the past decade.
- The government has implemented various initiatives to further develop the industry such as relaxing investment rules, improving infrastructure like highways, and adopting higher emission standards in line with international norms.
The document summarizes the history and growth of the automobile industry in India. It discusses the key milestones from the first car in 1897 to India emerging as a major exporter of automobiles globally by 2009. It then outlines the major players in the industry, including Maruti Suzuki, Hyundai, Tata Motors, Mahindra & Mahindra, Hero Honda Motors, Bajaj Auto, General Motors India and others. The market shares and board of directors of some of the top companies are also mentioned.
The document provides an overview of the Indian automobile industry, including its history and major players. It discusses the industry's growth since economic reforms in 1991. It then focuses on Maruti Suzuki, detailing its products, competitors, and marketing strategies. The rest of the document analyzes Maruti Suzuki's Swift model through strengths, weaknesses, opportunities, threats analysis and research methodology.
An Analytical Study on Ratios Influencing Profitability of Selected Indian Au...Dr. Amarjeet Singh
Every country with a well-developed transportation network has a well-developed economy. The automobile industry is a critical engine of the nation's economic development. The automobile industry has significant backward and forward links with every area of the economy, as well as a strong and progressive multiplier impact. The automotive industry and the auto component industry are both included in the vehicle industry. It includes passenger waggons, light, medium, and heavy commercial vehicles, as well as multi-utility vehicles such as jeeps, three-wheelers, military vehicles, motorcycles, tractors, and auto-components such as engine parts, batteries, drive transmission parts, electrical, suspension and chassis parts, and body and other parts. In the last several years, India's automobile sector has seen incredible growth in sales, production, innovation, and exports. India's car industry has emerged as one of the best in the world, and the auto-ancillary sector is poised to assist the vehicle sector's expansion. Vehicle manufacturers and auto-parts manufacturers account for a significant component of global motorised manufacturing. Vehicle manufacturers from across the world are keeping a close eye on the Indian auto sector in order to assess future demand and establish India as a global manufacturing base. The current research focuses on three automotive behemoths: TATA Motors, MRF, and Mahindra & Mahindra.
The document provides an overview of the automobile industry, including its history and structure. It discusses how the industry evolved from early steam-powered vehicles to modern cars with internal combustion engines and advanced computer-aided design. The automobile industry in India was initially dominated by a few domestic manufacturers but saw increased competition and foreign investment after economic liberalization in the 1990s. The industry is now segmented based on vehicle type (e.g. cars, commercial vehicles) and price (economy to luxury models). The Indian government has also introduced various policies to promote the growth and competitiveness of the domestic automobile sector.
Mahindra & Mahindra is one of the major automotive companies in India that started in 1947. It has grown through various collaborations and acquisitions over the years under CEO Pawan Goenka. Some of its key collaborations include partnerships with Willys Overland Corporation for jeeps, International Harvester for trucks, and Ford for passenger cars. More recently, it has joint ventures with Renault for cars, Navistar for buses and trucks, and Mitsubishi for vans. M&M also ventured into two-wheelers, tractors, and acquired a Chinese tractor company to become a global leader in the tractor segment.
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1. 2013
Sector Report: Indian
Automobile Industry
Where is the Growth Going!
Gaurav Dadhich, Bejoy Bernanrd, DVN Sukesh, Devesh Kushwaha
Department of Management Studies, IIT Roorkee
2/4/2013
2. 1) Introduction:
Automotive industry in India is emerging as a 'sunrise sector' in the Indian economy and is now working
in terms of dynamics of an open market. Many joint ventures have been initiated in India in both
technical as well as financial aspects and the pace at which these activities are going to be increased in
the near future is high. The Government of India is also helping these initiatives to be successful. India is
also one of the world's fastest growing passenger car markets and second largest two wheeler
manufacturer. It is also the largest motor cycle manufacturer and stands fifth as commercial vehicle
manufacturer.
According to the Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce, the
amount of FDI inflow into the automobile industry during 2000 and 2012 was worth US$ 6,992 million,
which is almost 4 per cent of the total FDI inflows.
In a report titled, 'Strategic Assessment of Small and Light Commercial Vehicles Market in India' by Frost
& Sullivan, it is mentioned that the Indian small and light commercial vehicle segment is expected to
grow at 18.5% compound annual growth rate (CAGR) in the next five years.
Automobile Industry in India is now making an annual turnover of $59 Million US dollars and also it is
providing employment to almost 13 million people in the Indian work class. This industry is considering
as one of the most competitive industries because the manufacturers in India have to face challenges
such as increasing fuel efficiency and reducing emissions apart from innovating.
2) Evolution of Indian Automotive Sector
Indian automobile sector can be traced back to the British Raj days, when automobiles were for a rich
and wealthy few. Almost all of these vehicles were imported. To study the evolution of the industry in
India, let us have a look at the pre-liberalization and post-liberalization times together.
a) Pre-Liberalization
(data source :
http://shodhganga.inflibnet.ac.in/bitstream/10603/3722/13/13_chapter%204.pdf)
3. 1955-1970 : Moped
1898 : First Car Brought production begins. 1965 : Bajaj begins
to India Other 2 wheelers came manufacturing Tempo
in
Govt. notifies to
1928 : Trucks and Cars terminate assemblers in
1972 : Kinetic
Assembled In India by 3 years. Only
Engineering gets license
Hindustan Motors manufacturers
permitted then on
1980's : New Foreign
1947 : Bajaj recieves
1931 : Auto Assembly by Collaborations and
Auto-Rickshaw license
Ford India beginning of
from GoI and Piaggio
deregulation
1983 : Maruti Udyog
1935 : Proposal to 1944 : PAL
was setup. M&M
launch Automobile manufactured first car in
started manufacturing
Industry disallowed India
Jeeps
b) Post-Liberalization
(data source :
http://shodhganga.inflibnet.ac.in/bitstream/10603/3722/13/13_chapter%204.pdf)
1991 : Mass Emission Norms introduced
for Petrol 1997 : National Highway Policy Introduced
1992 : Mass Emission Norms introduced 1997 : Many multinationals like
for Diesel Daewoo, GM, Mercedes-
Benz, Honda, Hyundai, Toyota, Mitsubishi,
Suzuki, Volvo, Ford & Fiat entered the
market.
4. 3) Segmentation
India is fast developing nation with a middle-class that is ever-growing. The resultant growth in industry
and services and also the rising per-capita incomes have ensured a deep penetration of automobiles in
the lives of people and businesses alike. In order to guage the magnitude of this growth, we can
segment the sector into Commercial, Passenger and 2-3 Wheeler vehicles. Let us have a quick look at
how they are performing.
a. Commercial Vehicles
Some of the commercial vehicles are Light commercial vehicles – Goods carrier, Multi Utility Vehicles,
Sports Utility and mini vans, Heavy commercial vehicles – Trucks, Tempo, Tractor and Tipper /
Dumper.
The market share of the various companies in the commercial vehicles segment is illustrated below.
Fig: Percentage Market Share of Commercial Vehicles
b. Passenger Vehicles
The market share of the various companies in the passenger car segment is illustrated below.
5. Fig: Percentage Market Share of Passenger Vehicles
c. 2-3 Wheeler Vehicles
This includes vehicles such as Scooters, Motorcycles and Mopeds. Two wheelers form the major
segment of Indian Industry with almost 75 percent market share with all other segments far behind.
Motor bikes in India were introduced in the year 1955. Initially bikes are introduced for defence and
police services but today the scenario is completely different. The entry of Japanese bike majors such as
Honda and Suzuki has completely changed the Indian two wheeler market. They introduced bikes with
fuel efficient engines and also with advanced features. Indian two wheeler markets consist of various
segments such as entry level bikes, medium level bikes, super bikes, scooters and recently electric bikes
were added to the list. At present, some of the major bike manufacturers across the world started their
business in India and introduced bikes starting from 100cc to 1200cc.
The market share of the various companies in the 2-3 wheeler vehicles segment is illustrated below.
6. Fig: Percentage Market Share of Two Wheeler
Fig: Percentage Market Share of Three Wheelers
7. 4) Key Players
While studying the key players in the Indian Auto Sector, we shall concentrate mainly upon the
passenger car and 2-3 wheeler vehicles segment since they are the fastest growing segment and with
the largest impact on the economy.
Key Indian players:
Tata motors.
Mahindra & Mahindra
Ashok Leyland.
Maruti Udyog Ltd.
Bajaj Auto.
Company name Products Manufacturing Total group
manufactured locations turnover in USD $
TATA MOTORS Cars, commercial Pune, Jamshedpur, 27.6 billion
vehicles. Ahmedabad
Mahindra & Commercial Nashik, 7.4 billion
Mahindra vehicles Zahidarabad,
Chennai
Ashok Leyland Commercial Hosur, Pantnagar, 2.5 billion
vehicles Alwar, Bhandara,
Chennai
Maruthi Udyog Cars Gurgaon 7.5 billion
Ltd.
Bajaj auto Motorcycles Pune, Pantnagar, 3.39 billion
Aurangabad
Tata Motors: Tata Motors is India’s largest automobile company. It ranks among the top 3 in
passenger vehicles in India. It has around 64% market share in commercial vehicles market and 16%
market share in passenger vehicles market. Tata Motors also operates in United Kingdom, South
Korea, Thailand and spain. It acquired the jaguar land rover in 2008. It has to its credit the
development of the first indigenously developed light commercial vehicle, India’s first sports utility
vehicle and the first indigenously developed light commercial vehicle. In January 2008 it unveiled
the much awaited people’s car The Tata Nano. The standard version’s price was INR 1,00,000.
Mahindra & Mahindra: Mahindra and Mahindra concentrate its production mainly in multi utility
vehicles and 3 wheeler segments. It has two joint venture subsidiaries Mahindra Navistar
automotives ltd. And Mahindra Renault in commercial vehicle and passenger car segments
respectively. It has a market share of around 10 % in commercial vehicles and 7% in passenger
vehicles. Mahindra and Mahindra is expanding into overseas market. It launches XYLO in South
Africa in 2009.
Ashok Leyland: It has a market share of around 16% in the commercial vehicles market. Ashok
Leyland was formed in 1955 and is an wholly owned subsidiary of the Hinduja group. It
8. manufactures trucks, buses and diesel engines. It produces special utility vehicles such as fire
fighters and modern army vehicles.
Maruthi Udyog ltd: It has a market share of around 46% in passenger vehicles market. Maruthi
Udyog ltd. Is India’s largest passenger car company and holds almost half of the passenger car
market. Its range of cars include the entry level maruth-800 and Alto, hatchback Ritz, A-STAR,
SWIFT,WAGON-R etc. and sedans Dzire, sx4 etc.
Bajaj Auto: It has a market share of around 27% in two wheeler and 59% in 3 wheeler segments. It
operates in several countries in Latin America, Africa, middle east, south and south east Asia. Bajaj
auto is India’s largest exporter of 2 and 3 wheelers and is ranked 4th in the world.
Key International Companies in the Indian Automotive Sector:
Skoda Auto
Toyota
BMW
Company products manufacturing Total group Turnover in
Name Manufactured Location Turnover in India in USD $
USD $
Skoda auto Cars Pune 13.5 billion 767million
Toyota Cars Gurgaon 192 billion Na
BMW Cars Mumbai,Pune 69 billion Na
Skoda Auto: Skoda started its operations in India from 2001 under SkodaAuto. It has a state of
the art facility in Aurangabad. It has 4 models in India Skoda Superb, Skoda Octavia, Skoda Fabia,
Skoda Laura. It has had a growth of 89% in June 2012.
Toyota: It is one of the world’s top automobile manufacturers. Toyota has sold 9.75 million
vehicles worldwide last year. Since its inception Toyota has been having a steady growth in
India Toyota Kirloskar is a joint venture between Toyota Motor Corporation and the Kirloskar
group.
BMW: BMW is a German automobile company founded in 1917. It has 11 models available in
India. The BMW group has invested more than 180 Cr. In India, BMW has production plants in
Chennai.
5) Market Scenario of Automobile Sector in India during 2011-12
9. Commercial
Passenger
Vehicles
Vehicles
4.66%
15.07%
Three
Wheelers
2.95%
Two Wheelers
77.32%
Fig: Domestic Market Share for 2011-12
18000000
16000000
14000000
12000000
10000000 Passenger Vehicles
Commercial Vehicles
8000000
Three Wheelers
6000000 Two Wheelers
4000000
2000000
0
2005-062006-072007-082008-092009-10 2010-112011-12
Fig: Automobile Production Trends
11. 6) Auto Finance Industry
Auto finance for passenger and commercial vehicles in India has been an industry of solid and
continuous growth for the past 5 year (at roughly 16%) which is more than twice the rate of GDP
growth. Auto Finance penetration in the passenger cars section was whooping 72% in Dec, 2011 and
has been increasing since then. This rapid growth has been a significant driver of auto sales in India.
Both Banks and NBFCs have tapped the Auto Finance market and some of the players involved are SBI,
ICICI, HDFC, Bajaj Auto Finance, Kotak Mahindra Prime Ltd, Sundaram Auto Finance, etc.
7) Few Important Facts and Statistics:
Automobile sector’s contribution to Indian GDP is approximately : 7%
Direct and Indirect Employment provided by the Auto Sector : 17 million
4% of the total Foreign Direct Investment that reaches India is for the Automobile Sector
22% of India’s Manufacturing GDP comes from the Automobile Sector
8) Policies and regulation of Automobile Industry in India
The automobile industry was heavily regulated back in till the 1970’s. The government relaxed some
regulations during the 1980’s that encouraged foreign firms to participate in the Indian market. The
automobile industry was liberalized in the 1990’s. India’s automobile and the auto-component
industries is one of its biggest industries.
Phase Period Major policies
1 1947-1965 Related to protection,
indigenisation and
regulation of industry
2 1966-1979 Related to protection,
indigenisation and
regulation of industry
3 1980-1990 Relaxation on
technology acquisition
4 1991 onwards Liberalizing foreign
investment.
Industry policy regulation (IPR) was passed in the year 1948. India’s automotive industry was recognized
under the category ‘ basic industries of importance’ whose” location must be governed by economic
factors of all-India importance, or which require a considerable investment of a high degree of technical
skill” were subject to regulation from the central government. The state played a controllers role. State
had the authority to prevent unfair foreign competition. Import of vehicles very virtually banned
because of high tariffs.
12. The industries (development and regulation) act(IDRA) was drafted in 1951.according to the act “an
industrial license was required for a unit with 50 or more workers (100 or more without power) in order
to establish a new unit, expand output by more than 5% annually, change location, manufacture a new
product, and to conduct business if a change was introduced in policies” starting from 1975 the
government introduced minor relaxations to the licensing requirements following which in 1978 the
government relaxed control on foreign equity collaborations. The industrial policy statement presented
in july 1980 encouraged limited liberalization and foreign collaborations. Poor performance of the public
sector undertakings led to the phase of liberalization and globalization starting from 1991. India’s
declining foreign reserves was also a reason for this shift.
9) Why is India witnessing such growth in Automobile Sector?
India has a good market for automobiles because of several factors. Some of them are:
Rapid Urbanization: Currently just 21 percent of population is present in urban areas. So by 2020
and 2030 it is expected to grow to 35 percent and 40 percent respectively.
Rising per capita GDP: The per capita of India in the year 2011 was $1200 USD and now it has
become to $1330 USD in 2012. It is expected to touch $2000 USD by 2015. So, this increase in the
per capita GDP signifies the purchasing power and hence the demand for automobiles increases in
the successive years.
Overall growth of other Industries: Industries are usually independent of each other but as the
transportation is the basic need of every industry, demand for automobiles will rise with every
positive change in industry.
Car buyers getting younger: India is one of the youngest countries in the world with media age to be
around 26 years, it resembles that work force mainly constitute the young individuals and hence the
car buying age has become on a decline.
Growing middle class: With the middle class of India growing annually, benefits of this sector are
still untapped. It is the transition from the lower class to middle class which converts car into a need
from luxury.
10) Manufacturing Hubs
Ever since 1944, when PAL manufactured the first Indian Car, automobile manufacturing and
assembling, along with the manufacturing of automobile parts has been on the rise. Today, India is one
of the largest exporters of Automobiles and Automotive parts in the world. This has been due to solid
infrastructure provided by the national and state governments, as well as policy gifts such as tax-breaks,
the advent of the SEZs, etc. India now has major automobile manufacturing facilities all over the
country, with Chennai springing as a hub. Chennai is poised to live up to its name of the Detroit of India
due to its attraction to almost all major auto manufacturing companies of the world.
Some of the hubs of Indian Manufacturing can be seen as: (source: MapOfIndia.com)
13. Fig: Map of Indian Automobile Manufacturing Units
14. 11) Supply Chain
The following graphic shows how Supply Chain works in the Automobile Industry. (Source:
http://www.imaginmor.com/automobileindustryindia.html)
Fig: Supply Chain for Automobile Industry
Third Tier Suppliers: Basic materials like rubber, glass, aluminum, steel to 2nd Tier Suppliers
Second Tier Suppliers: Engineering resources, design, fabrication, shearing etc as services
First Tier Suppliers: Provides parts directly to manufacturers for assembling, small component assembly
to make bigger components, etc
OEMs: They Design, Assemble, Manufacture, Market, Brand automobiles.
Dealers: Important part of the Sales, Distribution and Services Network
Parts & Accessories: Produce products like tires, windshields, and air bags and sell directly to OEMs
15. Service Providers: Servicing, Repairs, Financing, etc are provided by these players.
Note: Challenges in the Supply Chain of Automobile Sector in India (Source: KPMG)
Integrating the end-to-end supply chain : Perceived as the biggest challenge in the coming years
Managing Inbound Logistics/JIT Supplies
Managing supply chain costs
Managing Product/Parts Proliferation
12) Key Bodies
The Indian Automobile Industry has been able to scale such levels thanks to a well-organized
structure and various bodies that ensure healthy competition and sustainability. Some of the
important bodies that help reorient Indian Automobile Industry are:
ACMA : Automotive Component Manufacturers Association of India
SIAM : Society of Indian Automobile Manufacturers
ARAI : Automotive Research Association of India
SAFE : Society for Automotive Fitness & Environment
13) Major Events:
Key Indian automobile players meet regularly to share ideas, vision and to exhibit the R&D, concepts,
new launches, etc. Some of the major events that facilitate these are:
Indian Auto Expo : Largest Indian Auto show packed with new launches and concept cars
India Automotive Summit
SIAM Annual Convention
14) Future Prospects & Forecasts
Except a few hiccups and little corrections, the growth in the Indian Automotive sector has been seeing
the green for the past 5 years. The rising incomes and the growth of the service sector will continue to
ensure this growth in the passenger vehicles segment. More fuel efficient and hybrid cars will be
demanded and made thanks to the new emission rules that are set to be applied on the lines of the
European standards.
In the 2 wheeler market, the growth prospects will depend if companies like Hero will be able to forge
newer partnerships like its previous partner Honda. A the same time, the 3-wheeler and light
commercial vehicle market is set to grow on the cue of improved last-mile delivery needs.
16. With the success of new entrants like Asia Motor Works (AMW) and with Mercedes’ India growth
targets for 2020, the commercial vehicles sector is going to expand widely; especially on the demand by
the Supply Chain restructuring thanks to the new prospects brought in by Retail FDI deregulation.
Forecasts:
Forecast for Financial Year 2013-14 (source: SIAM Report)
Segment F13 Growth (Jan 13 Est.)
Cars 0-1%
UVs 56-64%
Vans 3-6%
PV TOTAL 7-10%
LCV 15-18%
MHCV 21-23%
Passenger Buses 0-2%
Total 0-2%
2W 3-5%
3W Goods 9-12%
3W Passenger 8-11%
3W Total 4-7%
Auto Total 3-5%
15) References
CMIE: http://www.cmie.com
SIAM: http://siamindia.com
Maps of India: http://www.mapsofindia.com
INFLIBNET: http://www.inflibnet.ac.in
Excerpts from assorted KPMG Reports
Excerpts from assorted DIBD - OMI Reports
Excerpts from assorted ACMA Reports