Countries like China, japan and Taiwan has improved their efficiency in production and are able to reduce the price of the product, and India being country with huge consumer base and high Demand has become their prime market. Also the goods produced by Indian manufacturer are being exported to neighbouring countries like Bangladesh; Srilanka, Nepal has made India to focus in Asian countries for their trade. Conclusion India has always followed a development model for its International trade since the liberalization in 1990s.The services sector in India has shown a tremendous growth which can be attributed to ever increasing IT sector in India. Manufacturing sector on the other hand has grown in comparatively slower pace. The overall performance of the Indian manufacturing sector has widespread implications for various aspects of the economy; employment, being one of the chief areas of impact.
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
PART-A THE AUTOMOBILE INDUSTRY 1.) HISTORY Till 1930, India did not have any manufacturing facility and cars were imported directly from other countries. The landmark decade in the manufacturing process was that of 1940s, in which Indian companies like Hindustan Motors and Premier started to manufacture cars of other firms. During the same decade, Mahindra & Mahindra also started to produce utility vehicles. Soon after independence 1947, Government of India tried to create an automotive component manufacturing industry in order to supplement the automobile fraternity.
It was chiefly with the help of American experts that the Tata’s started their industry. Its childhood was precarious but the war of 1914-18 gave it a fillip. Again it languished and was in danger of passing into the hands of British debenture holders. But nationalist pressure saved it. In 1918, soon after the war, Indian Iron and Steel Company (IISCO) were
Tata Steel is the second largest Indian Steel Companies in terms of domestic production. The vision of Tata Steel are “To be the global steel industry benchmark for Value Creation and Corporate Citizenship”. While for the mission are sustainable growth, differential value creation, enhance employees' competencies, continuous improvement of business processes and being responsible corporate citizen. Tata Steel has develop strategic management for their company. Strategic management is the formulation, implementation and evaluation of a particular strategy.
With India emerging as a global automotive hub, domestic tyre companies are expanding their operations and global tyre majors are increasing their presence in the Indian tyre market. The new technological frontiers of the tyre industry in India are radialisation in the truck and bus segments and a shift to high-performance tubeless passenger car radials. Market Segmentation Replacement is the biggest market segment and accounts for about 54% of the overall revenues. The OEM and export segments account for 32% and 14% respectively. Some of the major players in the market are Apollo, JK Tyre, MRF, CEAT, Goodyear among others.
India is the 12th most appealing tourist destination in the Asia-Pacific by the report of world economic forum. Tourism in India extensively characterized in North Indian Tourism, East Indian Tourism, West Indian Tourism, and South Indian Tourism. Every part of India offers identifiable differences from other parts of the country. Tourism in India has contributed as a brand – India Tourism. The formation of niche tourism items likes heliport tourism, medical tourism, adventure tourism, and cruise tourism has served to larger the net of this part.
Introduction Tata Motors Ltd is an Indian multinational company which has operations spread across geography. It is an automotive manufacturing company which has its headquarters in the financial hub of India i.e. Mumbai. Tata Motors is one of the most important subsidiaries of Tata Group. Tata Motors deals and manufactures across the automobile segment ranging from passenger cars, trucks, vans, coaches, buses, construction equipment and military vehicles.
Indian airlines industry, which started in 1932, with Tata Airlines (Now, Air India), has come a long way since then, and is now one of the fastest growing industry. There are more than 1091 registered aircraft and about 450 airports in India. The Airport Authority of India (AAI), which is controlled by Ministry of Civil Aviation, is responsible for managing the Aviation sector in India. The growth of the industry is evident from the fact that Passenger output increased from 73 million in 2006 to over 175 million in 2013. The Indian civil aviation industry is ranked in the top 10 globally with the size of industry being estimated at around US $16 billion, and according to different reports has the capacity to be the 3rd largest aviation industry