Preview

Automobile Industry

Satisfactory Essays
Open Document
Open Document
1786 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Automobile Industry
Automotives

AUGUST

2012

For updated information, please visit www.ibef.org

1

Automotives

AUGUST

2012

Contents
 Advantage India  Market overview and trends

 Growth drivers
 Success stories: Maruti, Tata Motors  Opportunities

 Useful information

For updated information, please visit www.ibef.org

2

Automotives
Advantage India

AUGUST

2012

Growing demand


Innovation opportunities


FY16E
Market size: USD145 billion

Strong demand growth due to rising incomes, growing middle class, and a young population is likely to propel India among the world’s top five auto-producers by 2015 Growth in export demand is also set to accelerate

Tata Nano and the upcoming Pixel have opened up the potentially large ultra low cost car segment Innovation is likely to intensify among engine technology and alternative fuels





Advantage India
Rising investments


Policy support


India has significant cost advantages; auto firms save 10-25 per cent on operations in India compared to Europe and Latin America A large pool of skilled manpower and a growing technology base will induce greater investments

The government aims to develop India as a global manufacturing as well as R&D hub There has been a wide array of policy support in the form of sops, taxes and FDI encouragement

FY10
Market size: USD57.7 billion





Notes: R&D – Research and development, FDI – Foreign direct investment; FY – Indian financial year (April – March); FY16E – estimated figure for financial year 2016; estimates are from the government’s Automotive Mission Plan (2006 – 2016)
ADVANTAGE INDIA

For updated information, please visit www.ibef.org

3

Automotives

AUGUST

2012

Contents
 Advantage India  Market overview and trends  Growth drivers  Success stories: Maruti, Tata Motors  Opportunities  Useful information

For updated information, please visit www.ibef.org

4

Automotives

You May Also Find These Documents Helpful

  • Powerful Essays

    The automobile industry in India is gradually evolving to replicate those of developed countries. The report focuses on the trends that are…

    • 8696 Words
    • 35 Pages
    Powerful Essays
  • Powerful Essays

    The automobile sector of India is the seventh largest in the world. In a year, the country manufactures about 2.6 million cars making up an identifiable chunk in the world’s annual production of about 73 million cars in a year. The country is the largest manufacturer of motorcycles and the fifth largest producer of commercial vehicles. Industry experts have visualized an unbelievably huge increase in these figures over the immediate future. The figures published by the Asia Economic Institute indicate that the Indian automobile sector is set to emerge as the global leader by 2012. In the year 2009, India rose to be the fourth largest exporter of automobiles following Japan, South…

    • 33371 Words
    • 134 Pages
    Powerful Essays
  • Satisfactory Essays

    India is a place with different communities of people with wide range of cultures and preferences. While comparing Indian auto industry with global auto industry India still needs to make many developments in order to compete themselves with major global competitors.…

    • 652 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Mahindra & Mahindra - Sm

    • 7376 Words
    • 30 Pages

    Starting its journey from the day when the first car rolled on the streets of Mumbai in 1898, the Indian automobile industry has demonstrated a phenomenal growth to this day. Today, the Indian automobile industry presents a galaxy of varieties and models meeting all possible expectations and globally established industry standards. Some of the leading names echoing in the Indian automobile industry include Maruti Suzuki, Tata Motors, Mahindra and Mahindra, Hyundai Motors, Hero Honda and Hindustan Motors in addition to a number of others.…

    • 7376 Words
    • 30 Pages
    Powerful Essays
  • Powerful Essays

    Research Proposal

    • 4447 Words
    • 18 Pages

    Abstract: This study attempts to find the factors, which are important for choosing the revolutionary car ‘Nano’…

    • 4447 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    The favourable Indian market conditions are acting as a catalyst for luxury and premium carmakers, which are receiving impetus from new launches. India is emerging as an export hub for sports utility vehicles (SUVs). Global automobile majors are looking to leverage India's cost-competitive manufacturing practices and are assessing opportunities to export SUVs to Europe, South Africa and Southeast Asia too. India is also one of the key markets for hybrid and electric medium-heavy-duty trucks and buses.…

    • 2324 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    | The Indian automobile industry was a highly protected slow-growth industry with very few players till the opening up of the Indian economy in 1991. Low manufacturing costs, availability of skilled labor, an organized component industry, and the capability to supply in large volumes attracted global auto majors to set up their operations in India after the opening up of the sector.…

    • 310 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Maniya

    • 758 Words
    • 4 Pages

    Description: This PPT on Automobiles in India provides exhaustive data in the form of tables, charts and graphs on the automobile industry in India - including Four Wheelers, Three Wheelers and Two Wheelers. By 2016 the size of the Indian automobile industry is expected to grow by 13%, to reach a mark of US$ 120-159 billion. Presently, India is the 2nd largest two wheeler market in the world and fourth largest commercial vehicle market worldwide. India is the 11th largest market in the passenger car segment globally which is expected to become the 7th largest market by 2016. This PPT on the Automobiles Industry in India has: - Many useful charts, tables and graphs - Data on the size, growth, market share of the automobiles industry in India and the various segments - Information on the future growth potential and prospects of the industry - Import and Export data of the various segments of the Auto Industry - Major Players in the Industry and their market shares and growth trends - India's position in the global automobiles industry - Performance of the various segments - Government Initiatives towards the Automobile Industry - Economic and Social Factors affecting the Auto Industry in India Special Focus on the Four Wheeler Industry in India: - Key Segments, Peformance, Production and Sales Trends - Key Players and their Market Shares - Foreign Players and Joint Ventures in the Indian Automobile Industry - Export & Import Trends and Export Models - Investments, Growth Projections, Future Outlook of the Auto Industry in India - ...and much more. Who Can Use this PPT - Marketing and Sales Teams of the Indian Automobile Industry in India - Researchers and Auto Industry Analysts - Entrepreneurs interested in quickly visualizing data to learn about opportunities - Teachers who want to show graphically what is happening in the Automobile…

    • 758 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Price: £ 550.00De-licensing in 1991 has put the Indian automobile industry on a new growth track, attracting foreign auto giants to set up their production facilities in the country to take advantage of various benefits it offers. This took the Indian automobile production from 5.3 Million Units in 2001-02 to 10.8 Million Units in 2007-08. The other reasons attracting global auto manufacturers to India are the country’s large middle class population, growing earning power, strong technological capability and availability of trained manpower at competitive prices. These are the major findings of our new report, "Indian Automobile Sector - A Booming Market”…

    • 686 Words
    • 3 Pages
    Good Essays
  • Good Essays

    * Automotive industry in India is one of the largest in the world and one of the fastest growing globally. * India manufactures over 11 million 2 and 4-wheeled vehicles and exports about 1.5 million every year. * It is the world 's second largest manufacturer of motorcycles, with annual sales exceeding 8.5 million in 2009. India 's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 2.6 million units in 2009. * As of 2009, India is home to 40 million passenger vehicles and more than 2.6 million cars were sold in India in 2009 (an increase of 26%), making the country the second fastest growing automobile market in the world. * A major chunk of India 's car manufacturing industry is based in and around the city of Chennai, also known as the "Detroit of India" with the Indian city…

    • 8336 Words
    • 34 Pages
    Good Essays
  • Satisfactory Essays

    hjiuh

    • 415 Words
    • 2 Pages

    The automobile industry is one of India’s major sectors; accounting for 22% of the country’s manufacturing GDP.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Small Car Market

    • 649 Words
    • 3 Pages

    India is likely to evolve into a global hub for small-car manufacturing. Currently, India is one of the largest producers of small cars with the small car segment accounting for about three-fourths of the Indian car market. The fast-growing small-car market has encouraged several global auto leaders like Renault, Nissan, Toyota, and Honda to announced plans for launch of small cars in India. Maruti Suzuki India, largest passenger car manufacturer in India, has more than sixty percent share of the domestic small-car segment.…

    • 649 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Stp of Tata Nano

    • 2005 Words
    • 9 Pages

    In the post globalized era where India is looking at growth rates of more than 8%, one of the main beneficiaries of India’s growth story is Automobile Industry. Termed as“Industry of Industries” . Automobile industry has been one of the indicators of a country’s economic prosperity, as major population of Indian economy is turning out as middle class society. Prior to the 1991 liberalization, auto industry in India was controlled and licensed by the government. Post 1991, the industry has grown at an average rate of 17%. Currently contributing to around 5% of the GDP, this is expected to rise to 10% of GDP.…

    • 2005 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    - Emerging trends in the industry like players diversifying their offering, companies eyeing India as a manufacturing base and Increasing number of dealerships…

    • 278 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The automotive sector is one of the core industries of the Indian economy. Indian Government’s impetus to the industry by allowing continuous economic liberalization since 1991 has made India one of the sought after destination for many global automotive players. The automotive sector in India is growing at around 18 per cent per annum.…

    • 1051 Words
    • 5 Pages
    Good Essays