State of the Indian Automobile Industry Latest Performance ...
Indian automobile industry
-
Upload
anil-akula -
Category
Business
-
view
1.590 -
download
0
Transcript of Indian automobile industry
INTRODUCTION:-
The term automotive was created from Greek autos (self), and Latin motivus (of motion) to represent any form of self-powered vehicle. The automotive industry is a term that covers a wide range of companies and organisations involved in the design, development, manufacture, marketing, and selling ofmotor vihicles, and mopeds. It is one of the world's most important economic sectors by revenue.
Despite economic slowdown, the indian automobile sector has shown high growth
It is one of the largest sources of employment due to its deep backward India. The automotive industry is one of the highest revenue-earning industries in India and contributes 4.4% to India’s and 17.%backward linkages and forward linkages It provides direct and indirect employment to more than 13 million people.
OVERVIEW OF AUTOMOBILE INDUSTRY
PRODUCTIOIN OF VARIOUS TYPES OF VEHICLES
passenger16%
commercial vehicles4%
three wheelers4%
two wheelers76%
HISTORY OF AUTOMOBILE INDUSTRY
The History of automobile industry began in the early 1769, with the inventor Nicolas J cugnot who was French engineer who found out the first vehicle that run on roads. This automobile was steam powered, three-wheeled military tractor. . This vehicle had a small range of distance covering capacity, which could run only for a maximum of 15 minutes
Internal combustion engine based car powered by fuel gas came into existence in the year 1806. In 1838, Scotsman Robert Davidson invented the first electric locomotive that runs on an average speed of 4 miles per hour.
The first man to produce automobile was Karl Benz in Germany in the year 1888 under the license from Benz. However brothers Charles and Frank Duryea invented the Duryea Motor Wagon Company.
The automobile as we know, it was not invented in a single day By a single inventor. The history of the automobile reflects an Evolution that took place worldwide. It is estimated that over 100,000 patents created the modern automobile.
HISTORY OF INDIAN AUTOMOBIL INDUSTRY
The first car ran on India's roads in 1897.. Mahindra & Mahindra was established by two brothers as a trading company in 1945, and began assembly of Jeep CJ-3A utility vehicles under.
After 1970 the automotive industry started to grow, but the growth was mainly driven by tractors, commercial vehicles and scooters.
In 1991 lot of change in the automobile industry
A number of foreign firms initiated joint ventures with Indian companies
TOP 10 AUTOMOBILE COMPANIES IN WORLD
TOP 10 AUTOMOBILE COMPANIES IN INDIA
CHALLENGES OF AUTOMOBILE INDUSTRY
Rising oil prices
Human resource
Limited number of component suppliers
Fall short in product development
Customer relation management
RECENT TECHNOLOGY
Plug in electric vehicles
Voice control
Gps navigation
Night vision
EMPLOYEMENT OPPORTUNITIES
Automotive parts and repair service Some of the job categories, we have been recruiting for automobiles jobs includes the following-
Motor Technicians Design Engineer Industry Approved Panel Beater Sales Person Petrol / Diesel Technicians Drivers Mechanics Painters Auto Electricians DentorsSSSS Electrician Radiator Mechanics
SWOT ANALYSIS
STRENGTHS
Large domestic market Sustainable labor cost advantage Government incentives for manufacturing plants Strong engineering skills in design Brand image Able to achieve significant gains in productivity
WEAKNESSES
Low labor productivity High interest costs and high overheads Rising cost of production Low investment in research and development
OPPORTUNITIES
Employments opportunities Cut in excise duties Govt.subsidies Foreign collaboration Rising rural demand
THREATS
Rising interest rates Cut throat competition Political, social, economical culture factors
CONCLUSION
The growing mobility needs of the people in India augur well for two and four wheeler industry. The cost advantage that India offers with respect to product development is fast establishing the country as an R&D hub. In addition, the credibility that India has gained as a cost effective manufacturing base for both small cars and two-wheelers is fuelling creation of capacities by all major manufacturers in the country.
automobile industry developing to the giving the loans to the entrepreneur.