A Project Report on Automobile Industry in India

The automobile industry is a capital intensive industry, the players in the industry need high capital expenditure in order to maintain their market position, but the expected returns in the future is quite high. The industry analysis can be carried out under the following heads:

I would like to acknowledge and give thanks to the people who have helped me in the preparation

With the recovery of economy, the world’s automobile industry has been growing steadily over the past few years. According to Bloomberg, the US automobile sales climbed from its depth 10.4 million in 2009 to over 15.6 million in 2013. Furthermore, industry analysts predict that the sales will

There are four major factors affecting the automotive industry: technology, market, customers and the most influential factor – environment. Environment is a source of materials, infrastructure necessary for manufacturing but everything is limited. The process of car or automotive manufacturing is very complex regarding the usage of numerous resources and different technologies ( P. Golinska & M. Kosacka).

As mentioned earlier Tata Motors being the largest automobile firm in India, it is admired to be the most reliable and futuristic manufacturers in today’s world. Tata vehicles and their new cars are preferred globally for their advanced technologies and handiness with over 130 models of passenger vehicles and trucks which tend to boost the Indian market internationally. Tata Motors have various core competencies that further make it different from others in the market place. As stated earlier, a core competency for Tata Motors is the acquisition of jaguar and Land Rover in order for an expansion internationally, directly giving them an ultimate competitive

Indian automotive industry has witnessed dramatic changes right from liberalisation, 100% FDI through automatic route, steadily rising in national income, steadily rising standard of living, Socio Cultural Revolution of joint families to nuclear families, working couples, change in mind-sets where car was once looked as rare luxury now in some parts of India it is just a necessity, increasing people awareness and they being more

Tata motors limited is the India’s largest automobile company, with the consolidated revenues of INR 2, 62,796 crores in the year of 2014-15. It is the leader in the commercial vehicles in each segment, and among the top in the passenger vehicles with the winning products in the compact, midsize cars and the utility vehicle segments. The Tata motors group has over 60,000 employees are been guided by the mission “to be passionate in anticipating and providing the best vehicle and experience that excite our customer globally. It has been established in the year of 1945, Tata motors presence cuts across the length and the breath of India. Over 8 million Tata vehicles ply on Indian roads, since the first rolled out

The automotive industry is widespread globally with a wide range of organizations involved in the following: development, marketing, manufacturing, designing, and sales. This analysis will take a further look at automakers in the industry, more specifically General Motors (GM), Volkswagen (VLKAY, Honda, Nissan, Toyota. Beginning around the 1890s, the automotive industry has evolved and undergone shift changes in consumer trends, product development, marketing, and industry competition shifts. Some of the major changes have been the result of: Regulatory, Safety, Economy, Reliability, and Environmental.

Chinese automobile industry grew rapidly in the past years, that’s related with the open policy in China government, the fast modernization and development in automotive industry, and other factors. The Chinese automotive industry has been the 4th largest vehicle producer in the world. The Automobile industry contributed to Chain’s total GDP growth nearly 20%, and total automobile sales in China was around 4.45 million, which included 4.39 million made in China. The Chinese automotive industry has two types, one is the domestic one, and the other is the cooperation with international partners. These two types of company domain Chinese automobile industry.

This has brought about colossal increment in the number of inhabitants in autos in the urban communities. The development patterns (MOST, GOI, 1998) of autos at National and City levels are as demonstrated.

Due to this transition, the Indian automotive industry was experiencing an interesting evolutionary phase. India being seen as crucial market of the future by global OEMs.

In the past few years the statistics shows the stagnation of Automobile sector in unites States of America, Canada and Japan. However, the automobile companies were targeting countries of South America and Asia for their new market as the economy was on a developing phase during this period. China, Brazil, Russia and India are on the target of the automobile companies in the recent path. In the first four months of 2010 the sales figure of cars and commercial vehicles in the world has reached to 17 million which was equal to 13.65 million for 2009 for the same period. During the year 2008, the increase in the oil prices results into the increase in the price of raw material and the change in the spending pattern of customers. Automobile industry is also facing challenges from public transport due to which the preference of customer for having their personal vehicle is changing. The other demoralizing factor is the increasing taxes and other duty taxes on the manufacture of automobiles. As the governments of different countries is under a huge pressure of increasing pollution and emission of green house gases they are introducing more and more policies to discourage car purchasers. It has been expected that nearly fifty one light vehicle manufacturing companies are closing in near future in United State alone. This will create a loss of two hundred thousand jobs in United States.

Automotive business in India faced loads of radical changes in the past decades which now entered into a competitive phase due to liberalization and de-licensing. Later this industry is just started a small ventures which later become a important sector for the Indian economy. Right now there are more than 400 major players in the automotive sector. In early 90 's the auto component industry production was 1,705 million US$ which massively increased up to 2,300 million US$.

The world today, the latest vehicle technology play an important role in making your business more successful and effective of 100 years, technological advances in the automotive sector is growing and significant development. For the automobile industry car companies in Bangladesh go ahead with the speed of all time is used for all types of vehicles.  Basically; automotive technology refers to technology that is set up in popular models of cars. With the time change and increased competition, the emergence of sophisticated technologies to pave the way for a car more complex and more.

India’s transport sector has predominantly been driven by the growth of Internal Combustion Engine based vehicles that run on petrol, diesel and compressed natural gas (CNG). The growing middle income class and their increased aspirations, cheaper finances, are some of the key factors that led to increased demand for personal mobility. This led to proliferation of production and sales of two and four wheelers in recent decades. As per recent statistics, India’s annual vehicle production is more than 25 million. Two wheelers has the largest production share of 79 percent, followed by passenger vehicles 14 percent and the remaining 7 percent largely comprising of commercial vehicles that include three wheelers, light commercial vehicles and