Moreover, its responsiveness is accentuated by the presence in 130 countries over five major geographical zones. As the 2015 annual report shows, L’Oréal “recorded a strong growth in 2015, supported by a positive monetary effect, and outperformed the beauty market in three of its four divisions. The growth in sales, earning per share and dividend illustrates the quality and the robustness of the L’Oréal business model” (L’Oréal - Annual report 2015, 2016) In fact, its sales showed a positive increment of 12,1% based on reported
Due to the rapid population rise, the rising foreign influence, the emergence of a female working population and the fluctuating eating habits of people, they have gained popularity among people, contributing significantly to the growth trajectory of the bakery industry. Indian bakery industry is one of the biggest sections in the country’s processed food industry. Bakery products which include bread and biscuits form the major baked foods accounting for over 82% of the total bakery products produced in India. The bakery industry has achieved third position in generating revenue among teh processed food sector in India. The first and the second segments are wheat and flour processing and fruit and vegetable processing.
The auto sector accounts for 4 per cent of the total FDI Inflows (in terms of US $) in India. According to the recent data released by Society of Indian Automobiles Manufacturers (SIAM) India’s scooter and motorcycle manufacturers have registered 4 per cent growth during April-November, 2012. The Global and Indian manufacturers are focusing their efforts to develop innovative products, technologies and supply chains. India is one of the key markets for Global Manufacturers for hybrid and electronic vehicles, which is the new development in automobile sector. With a turnover of almost $59 Million US Dollars, Automobile industry Provides employment to 13 million people in the India Work-class.
Global auto majors like Ford, GM (GM) and Volkswagen (VLKAY) are investing heavily in the country. However, these carmakers aren't up to the mark in the Indian market so they are focusing more on exports. For instance, Ford’s domestic sales have been flat at best this year. In fact, Ford saw a decline of 8% in domestic sales in the month of February in India. The Blue Oval sold 5,483 units last month in India compared to 5,959 units last year.
Retail in India is the second largest employer in the country after the agriculture sector. India is most attractive emerging market so it became hot destination for retail companies. In most developed countries, retail is seen as one of the major drivers of economic growth. Retailer is the link between consumer and producer. Retail in India is mainly classified into two categories - Unorganised and organised.
The expansion project already became functional by 2012. It has been rated ‘the best place to work in India’ for five consecutive years. RINL is recognised as one of the best integrated steel manufacturing plants. The company’s vision lies in delivering high quality and cost competitive products to win the mindshare of customers. It also targets in achieving excellence in enterprise management.
Manufacturing Sector: The manufacturing is the most important sub-sector of the industrial sector comprising 65.4% share in the overall industrial sector. Growth of manufacturing registers at 3.17% compared to the growth of 4.46% last year. The Economic Survey 2013-14 shows that the growth of 5.55% has been registered in the manufacturing during nine months of current fiscal compared to the growth of 4.53% in same period last year. Manufacturing is the most important sub-sector of industrial sector containing 64.92 percent share in the overall industrial sector. “The government has planned and implemented comprehensive policy measures on fast track to revive the economy, as a result industrial sector started revival and recorded remarkable
The group had revenue of approximately US$45 billion in year 2014. With a gross revenue of USD 45 billion (in 2014) it is the third-largest Indian private sector conglomerate behind Tata Group with revenue of just over US$100 billion and RIL with revenue of US$74 billion. Aditya Birla Group is a $41 billion (Rs. 2, 50,000 crore) corporation, the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 120,000 employees, belonging to 42 nationalities.
5.2 COMPANY ANALYSIS: 5.2.1 AIRCEL LIMITED: 22.214.171.124 HISTORY AND BACKGROUND: Aircel Limited (Aircel), was incorporated in December 1994 as erstwhile Srinivas Cellcom Limited (SCL). SCL was owned by Aircel Tele ventures Limited (ATL), a subsidiary company of Sterling InfoTech Ltd. (SIL), the flagship company of Sterling Group. In April 1999,SCL began offering GSM cellular services in the Tamil Nadu Circle. In October 1999, SCL changed its name to Aircel Limited. In 2003, Aircel Tele ventures Ltd. acquired RPG cellular services Ltd. – the GSM operator in Chennai Circle and renamed it as Aircel Cellular Limited (ACL) which is now a wholly owned subsidiary of Aircel Limited) Aircel commenced operations in 1999.
However, MTNL is a public sector company owned by the Government of India and Bharti Airtel is a privately owned firm. There have been frequent reports about the loss-making nature of MTNL owing to a falling rate of active subscribers. According to a report by The Financial Times, out of the 5 million+ subscribers of MTNL, only 39.53% were active. This is in contrast with the performance of Airtel, which has shown an impressive rate of growing active subscribers over the last five years.