automobile car industry proposal
TRANSCRIPT
8/7/2019 Automobile Car Industry Proposal
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In 2009, India became the fourth largest exporter of automobiles in Asia after
Japan, South Korea and Thailand. The Indian car market was the world's ninth largest in
2008 with an annual production of over 2.3 million units. The amount of passenger cars
sales per month exceeded 100,000 units in February 2009.
After the liberalization of the Indian economy in 1991, the car market in India
has witnessed a tremendous growth due to competition and lesser restrictions. Tata
Motors, Maruti Suzuki and Mahindra and Mahindra are some of the India car companieswhich have expanded their domestic and international business.
History of the Indian Car Market In the 1940s, the India car industry was in an
embryonic stage. After independence, the Government of India and the private sector
started a manufacturing industry in 1953 for automotive components for supplying the
automobile industry. A number of Japanese manufacturers entered into joint-ventures in
the 1980s for manufacturing light commercial-vehicles and motorcycles. It was during this
time that Suzuki was chosen by the Indian government for entering into a joint venture for
manufacturing of small cars. In 1991, the economy was liberalized and the License Raj wasgradually removed. This allowed various Indian and foreign car companies to start
operations here. The growth in car manufacturing and automotive component hasincreased steadily to meet domestic and international demands.
India is now one of the world's largest manufacturers of small cars. New York
Times has stated that due to the India's strong engineering base and skills in manufacturing
of fuel-efficient, low-cost cars, numerous automobile companies like Nissan, Hyundai
Motors, Volkswagen, Toyota, and Suzuki have expanded their manufacturing facilities.
Around 240,000 cars were exported from India by Hyundai Motors in 2008. By 2011,
Nissan Motors will export 250,000 vehicles produced in its Indian plant. By 2011, General
Motors also will export around 50,000 cars produced in its Indian plant.
Major Indian car manufacturers
y Ashok Leyland
y Maruti Suzuki
y Tata Motors
y Hindustan Motors
y Mahindra
y Premier
y Chinkara Motors
y Force Motors
y San Motors
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Indian electric car manufacturers
y Tata Motors
y Mahindra
y Hero Electric
y REVA
y Ajanta Group
y Tara International
Cars manufactured by multinational companies in India
y BMW - 3 Series, 5 Series
y Mercedes-Benz - C-Class, E-Class
y Audi - A4, A6
y koda - Fabia, Octavia, Laura
y Volkswagen - Jetta, Passat
y Mitsubishi - Lancer, Lancer Cedia
y
Ford - Ikon, Fiesta, Fusion, Endeavoury Hyundai - Santro, i10, i20, Getz, Verna, Accent, Sonata
y Chevrolet - Spark, Aveo U-VA, Aveo, Optra, Cruze, Tavera
y Fiat - Palio, Grande Punto, Linea
y Honda - Jazz, City, Civic, Accord
y Renault - Logan
y Toyota - Corolla, Innova, Fortuner
Car Companies
Audi BMW Chevrolet Daewoo Motors
Fiat Force Motors Ford General Motors
Hindustan Motors Honda Hyundai Lamborghini
Maruti Mahindra Mercedes Mitsubishi
Nissan Motor Porsche Reva Electric Rolls-Royce Motor
San Motors Skoda Tata Toyota
Volvo Volkswagen
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TREND OF PRODUCTION:
The reason of selecting industry:
y To get the brief knowledge of the industry.
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y To know the growth and investment scenario in the automobile industry
y To analyze the market situation and thereby understand the practices andstrategies acquired by various companies.
y To study the factors affecting to the strategies of the industry.