In 2011, the personal care market in India is about $6.3 billion and is growing at over 13 percent per year. This major growth drivers in the Indian beauty and cosmetic industry are increasing per capita income, rapid urbanization, and aspirations among young Indian to look as good as local and global celebrities. The rising social image consciousness amongst Indian consumers supported growth of higher-priced new launches especially in a few categories like skin care, perfumes and colour cosmetics. As manufacturers started marketing their products based on promising claims, consumers have started to base their buying decision on these benefits. Fragrance Industry in India: The Indian fragrance industry is growing at a Compounded annual growth rate (CAGR) of 40% and it is expected to reach a figure of 10000 crore in 2015.
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.
Industry profile Automobile industry in India Indian automobile industry is one of the largest markets for automobiles in the World with the yearly production of 17.5 million vehicles. Out of which, 2.3 million vehicles are exported abroad. Automobile industry comprises of two-wheeler vehicles, three-wheeler vehicles, passenger cars and commercial vehicles. In the World, Indian automobile industry is largest three-wheeler market, second largest two wheeler market, fourth largest tractor market, fifth largest commercial vehicle market, fifth largest bus and truck market and tenth largest passenger car market. After the economic liberalization, the companies like Maruthi Suzuki, Tata Motors and Mahindra and Mahindra expanded the production and
One of the best things happen for the Indian automobile market in the recent years was its improvement in the export sector. In the year 2003-04 for the first time in Indian history vehicle worth more than 1 billion USD were exported with the growth rate of 56%. In the year 2009 India emerged fourth largest exporter of passenger cars, in 2010 with the production of more than 3.7 million automotive vehicles with an increase of 33.9% India became third largest exporter of passenger cars. It contributes 4% of the national GDP and accounts for 5% of the Indian industrial output. With employing 13 million people directly or indirectly it has become one of the major employment generators in the country, with the present growth trend it is expected that employment will double by
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). India's passenger car and commercial vehicle manufacturing industry recently overtook Brazil to become the sixth
They become an Instagrammer because of their ideal body shape. The followers of them will have the thought which they can also be like them. According to feminism, the physical appearance is not a standard to measure female (Muren & Seabrook 2012). The young female Instagram users do not have to have a diet and workout like the famous Instagrammers because of following the
SUMMER PROJECT TOPIC-MANAGING DIVERSITY IN TOURISM INDUSTRY 1. INTRODUCTION- As we all know that the tourism industry is growing rapidly in India. The travel and tourism industry has blessed the country. India gets a third rank among the world for its tourism. Our India is known as heritage country, so by this name our country has gain the popular rank among the tourist.
The organised sector boasts of 250 to 300 companies and these account for 70% of products on the market, with the top 10 firms representing over 30%. However, the small and medium sized companies are estimated at nearly 20,000. The local manufacturers have a huge power in the market. Studies show that over 75% of India’s demand for drugs is met my local manufacturers. The per capita consumption of drugs in India stands at 3 USD is amongst the lowest in the world-especially when compares to fellow Asian countries like Japan (412 USD), and Germany (222 USD) and USA (191
Almost all global majors have set up their facilities in India. The automobile sector has been contributing its share to the shining economic performance of India in the recent years. With Indian middle class earning higher per capita income, more people are ready to own private vehicles including cars. To emerge as the world’s destination of choice for design and manufacture of automobiles and auto components, output is expected to reach a level of USD 145 Billion. It accounts for more than 10% of the GDP and it will provide an additional employment to 25 Million people by 2016.