Despite short-term headwinds, 3W industry is expected to grow at a moderate volume CAGR of single digit figure over the next five years. The domestic 3W passenger segment will be benefitted from product up-gradation (2-stroke to 4-stroke, Petrol/Diesel to LPG/CNG) and opening of fresh permits by the state governments. Piaggio has also entered urban 3W space with the launch of their APE City model which run on cleaner fuel like LPG/CNG. The domestic 3W goods segment continues to benefit from its favorable operating economics despite stiff competition from 4W Small Commercial Vehicles (SCVs). Lastly, 3W exports are expected to remain robust due to rapid economic growth, rising disposable incomes, evolving travel & consumption patterns, improving road infrastructure, increasing demand for motorized transportation and inadequate public transport systems in target emerging markets like African, Latin American & South Asian countries. TVS has been making steady inroads in this segment with a exponential growth in the last financial year. Overall, the long-term sales growth is expected to be the highest in the exports segment, followed by that in the passenger carrier segment and the lowest in the goods carrier segment (due to intense competition from the SCV segment).
Apart from the domestic demand, India has also emerged as a major export hub for 3Ws with presence in some of the South Asian, African and Latin American markets that are replicating Indian 3W story with rising disposable incomes but inadequate public transport systems. Overall, the 3W industry has witnessed relatively healthy CAGR volume
growth driven by moderate domestic growth and robust exports growth. However, four-wheeled Small Commercial Vehicles (mainly Tata ACE in 2005-06) has altered the industry dynamics – especially for the cargo segment, considerably over the last few years. While high tonnage (0.75T and above) 3W cargo segment has already lost out to 4W SCVs that provide higher stability, safety, speed, space and style; SCVs are gaining popularity even in the lower tonnage (0.5T) Cargo and Passenger segments with introduction of some of the recently introduced smaller vehicles by CV OEMs. New segments & sub segments are emerging within SCVs with the success of Ashok Leyland Dost in the higher tonnage SCVs segment(Pickup trucks). While domestic 3W goods segment has degrown, SCVs have reported robust CAGR growth over the last few years. Besides, slowing economic growth, high inflation, increase in financing costs, rising fuel prices, absence of fresh permits by the state governments and overall high base has impacted domestic 3W passenger sales in FY13.
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The revered Jury sits down to choose the growth propellers of India. But, before the winners are selected, here is a glimpse of the Jury for the first edition of IndiaMART Leaders of Tomorrow Awards. We bring you the name from the esteemed panel of Jury members.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
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Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
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Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
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𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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Presentation on BAJAJ Auto Ltd.
1. BAJAJ AUTO LIMITED
PRESENTATION BY TANVI DEOSARKAR
Introduction to Company:
Bajaj Auto Limited is an Indian two-wheeler and three-wheeler manufacturing company.[ Bajaj Auto
manufactures and sells motorcycles, scooter and auto rickshaws. Bajaj Auto is a part of the Bajaj
Group. It was founded by Jamnalal Bajaj in Rajasthan in the 1930s. It is based in Pune, Mumbai,
with plants in Chakan (Pune), Waluj (near Aurangabad) and Pantnagar in Uttarakhand The oldest
plant at Akurdi (Pune) now houses the R&D centre 'Ahead'.Bajaj Auto is the world's sixth-largest
manufacturer of motorcycles and the fourth-largest in India. It is the world’s largest three-wheeler
manufacturer.
2. Board of Directors:
1. Mr. Rahul Bajaj-Chairman
Mr. Rahul Baja j is a very renowned personality of India in Automobile Industry.
He has completed his education from India and then completed his MBA from
Harvard University. Currently he is a Chairman at Bajaj Auto Ltd. Being a part of Top
Management Mr. Rahul has to take care of Organization as a whole. One of the most
important agenda of Mr. Chairman is to take strategic Decisions which will result in
bright future for the Company. Mr. Rahul holds 29. 70 lakhs share in the company.
(Source: bseindia.com)
Board of Directors of Bajaj Auto Ltd
3. 2. Mr. Sanjiv Bajaj- Managing Director
Mr. Sanjiv is MD of Bajaj Holdings since 2012. He has graduated from Pune University and
completed his MBA from Harvard University (following his family tradition :P)
Mr. MD has been awarded Best CFO of India by Today magazine in year 2005. He manages
this Organization in a very cordial way by maintaining candour and amicable environment. He
is currently holding 7.9 lakhs shares in Bajaj Auto Ltd.
Being a MD it is his daily order of Business to compete and win the cutthroat competition in
Automobile Industry.
It is his efforts and his Team’s endeavor that the Organization stands at the Peak of its Success.
4. 3. Mr. Rajiv Bajaj- Director
Mr. Rajiv is Director of Bajaj Holdings since a long time. He has graduated from Pune
University and completed his MBA from Harvard University.
Mr. Rajiv’s current priorities are the application of the scientific principle of Homeopathy to the
task of Building of Brand centered strategy at Bajaj Auto with the objective of achieving its
vision of being one of the World’s leading Manufacturer in Automobile Industry. Currently he
holds 7.24 lakhs of Shares in the Organization.
4. Mr. Madhur Bajaj- Director
Mr. Madhur is Director of Bajaj Holdings since a long time. He has graduated from Indian
college and pursued his further Educational Qualifications from Switzerland.
5. He is recipient of THE VIKAS RATAN Award from ther e International Friendship
Society of India, for enriching human life and Outstanding Achievements. Currently he
holds 15 lakhs in Bajaj Auto Ltd.
5. Dr. Geetika Bajaj- Independent Director
Dr. Geetikais an entrepreneur and Businesswoman, Author and Journalist with PhD in
Business History. For two decades, she contributed to several Bajaj family companies in
India in various positions. She launched a publishing company and a real estate company.
Currently she is Director at Bajaj Auto Ltd and holds Lakh shares.
THE END