2.2. Current Indian Automotive Industry A. Automotive Industry is growing at a rapid pace fairing among top ten in the world. Two wheeler in 2nd position; passenger cars in third position and commercial vehicles in 5th position. B. India has become a major hub for automobiles: i.
INDIAN AUTOMOBILE INDUSTRY History of Indian automobile industry shows that it has grown with leaps and bounds since 1898, a time when a car had touched the Indian streets for the first time. But now India is in verge to rewrite history in different conditions as it is home to 40 million passenger vehicles and Indian manufactured cars and other automobile products are touching other nation roads. Presently Indian automobile industry is regarded as largest and second fastest growing industry after China in the world with annual production of over 3.9 million units. Its passenger cars and commercial vehicle manufacturing industry ranked sixth largest in the world. One of the best things happen for the Indian automobile market in the recent years was its improvement in the export sector.
It has been able to convince the customers of safe, value for money and reliable products. At the same time, the company has an advantage over others in markets where others don't produce automobiles. 2.4 Threats New government policies on import of parts as well as opening new plants can make things difficult in certain markets. Lack of advertising focus can give advantage to
Return on its investment is very important for a company, therefore return on equity can be use to measure this. It only analyses company’s common equity. It is important because it can be compare against its peers by calculating this. Percentage is used to calculate the return on equity. The higher the percentage, the better the performance of the
Today, working shoulder to shoulder with Team Suzuki, its R&D team has added many achievements to its portfolio: • 36 new and refreshed Maruti Suzuki models launched in India in the last six years. • Three integrated plants with flexible assembly line producing 9 base models in over 50 variants. • Created a superior Maruti Suzuki Swift, already one of India 's most loved cars. The new avatar of Maruti Suzuki Swift was mounted on a new platform with new features and offering superior fuel efficiency. • Some of the most fuel efficient petrol cars in India come with the Maruti Suzuki badge.
Following international trends, the automobile industry in Pakistan showed substantial growth in the years under review. A significant rise in demand for automobiles, propelled at least partly by easy availability of auto leases and loans from banks and leasing companies at low financial cost, was instrumental in the fast growth of the sector. In the past years, there has been a high growth of more than 40 percent per year in the automobile market. The growth in the automobile sector had naturally also given impetus to the allied automobile vendor industry, which also faced problems due to the recent fall in demand. The auto-makers need to take this crucial fact into account that there is still a significant gap between supply and demand for
It should gather information such as market share, growth rate, revenues and cost to get new customers and retain existing customers Strength It is very important to measure the strength of a brand as power is a key driver of brand equity. Measuring the strength should be done on an ongoing basis. Consumer Consumers build brands. A brand that consumers believe in have way more equity than a brand that consumers do not believe in. (Brand
Good afternoon everyone, today I want to talk about Samsung company, first, we talk about Samsung Culture. Samsung Electronics Co. is Wholly Owned Subsidiary of Samsung Group (South Korea) .Samsung Group is South Koreas largest company and exporter and the 5th largest transnational corporation in the world.Samsung was Founded in 1936 and byung chull lee is the Founder of it and entered Indian Market in the year 1995 and Samsung Brand shop network complements the over 8500 retail points for Samsung products located across the length and breadth of the country. The Chairman of Samsung is Lee Kun Hee and headquarters is in Seoul in South Korea. Samsung Ltd., operates in more than 63 countries and the chief subsidiary of South Korea 's giant
INDUSTRY ANALYSIS The automotive industry in India is one of the largest automotive markets in the world. It was previously one of the fastest growing markets globally, but it is currently experiencing flat or negative growth rates. In 2009, India emerged as Asia's fourth largest exporter of passenger cars, behind Japan, South Korea, and Thailand, overtaking Thailand to become third in 2010. As of 2010, India was home to 40 million passenger vehicles. More than 3.7 million automotive vehicles were produced in India in 2010 (an increase of 33.9%), making India the second fastest growing automobile market in the world (after China).
b) Slow Industrial Growth Due to use of backward techniques of production our industrial sector is not at developing form. Its fewer production also creates shortage in market and caused of inflation. c) Increase in Wages & Salaries Present era labours are demanding high wages and salaries. Increment in wages and salaries it might be leads to increase in cost that increases the prices. On the other way due to high wages and salaries there is an increment in income and it reason in inflation.