Preview

Bosch company part-A project report

Powerful Essays
Open Document
Open Document
6302 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bosch company part-A project report
CHAPTER- 1
INDUSTRY PROFILE
1.1 AUTOMOTIVE INDUSTRY
The automotive industry designs, develops, manufactures, markets and sells the world motor vehicles. In 2008, more than 70 million motor vehicles, including cars and commercial vehicles were produced worldwide.
In 2007, a total of 71.9 million new automobile were sold worldwide. Around the word, there were about 806 million cars and light trucks on the road in 2007: the burn over 260 billion gallons of gasoline and diesel fuel yearly. The numbers are increasing rapidly especially in India and china.

1.2 INDIA
An embryonic automotive industry started in India in the 1940s. However for the next 50 years the growth of the industry was hobbled by the socialist policies and the bureaucratic hurdles of the license. Following, the economic liberalization in India from 1991 and the gradual easing of restrictions on industry, India has seen dynamic 17% annual growth in automobile production and 30% annual growth in export of automotive components and automobiles. India produces around 2 million automobiles currently. Total turnover of the Indian automobile industry is expected to grow from USF 34 billion in 2006 to 122 billion in 2016. Tata Motors has launched Tata Nano, the cheapest car in d world at USD 2200.

Indian automotive industry is contributing a significant portion to overall Indians GDP. This sector is growing and promising a lucrative future. Automotive sector also provides wide business and employment opportunities. With the liberalization of economy, the decades old monopolistic environment of the Indian automotive industry where only a handful of vehicle models were available with a long waiting list, gradually gave way to a highly competitive, complex and rapidly changing market which was not limited to domestic market alone. Today the number of vehicle models available are more than hundred and not a month goes without offerings of newer and more advanced mode.

Ironically for the Indian

You May Also Find These Documents Helpful

  • Powerful Essays

    project 340

    • 4718 Words
    • 14 Pages

    The auto industry is highly concentrated. The top 10 global automakers account for roughly 80% of the worldwide production and nearly 90% of total vehicles sold in the U.S.…

    • 4718 Words
    • 14 Pages
    Powerful Essays
  • Best Essays

    Porters Industry Analysis

    • 2138 Words
    • 9 Pages

    The automobile manufacturing industry is comprised of companies that produce self-powered vehicles: cars, trucks, vans and commercial vehicles (trucks, buses, farm equipment). For the past twenty years, the automobile manufacturing industry has experienced continuous growth and globalization. The industry utilizes a global supply chain and provides its services to a universal customer base.…

    • 2138 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    Global vehicle production has more than doubled since 1975, from 33 to nearly 73 million in 2007. The opening of new markets in China and India has helped to drive the pace of growth. While seven countries accounted for about 80% of world production in 1975, 11 countries accounted for the same share in 2005.( Starkey,K. & McKinlay, A 2007: 89)…

    • 3683 Words
    • 15 Pages
    Powerful Essays
  • Best Essays

    Prison Pipeline

    • 801 Words
    • 4 Pages

    What is the “school-to-prison pipeline,” and what steps have various reform groups taken to halt the funneling of students into the criminal justice system in major U.S. cities over the past five years?…

    • 801 Words
    • 4 Pages
    Best Essays
  • Satisfactory Essays

    * Car industry – that reached its peak in 2005 selling nearly 5.75 million vehicles worldwide.…

    • 703 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The automobile industry is the industry involved in the design, development, manufacture, marketing, and also of motor vehicles. In 2007, more than million vehicles, including cars and commercial vehicles were produced. In 2007, a total of 71.9 million new automobiles were sold worldwide: 22.9 million in Europe, 21.4 million in Asia-Pacific, 19.4 million in USA and Canada, 4.4 million in Latin America, 2.4 million in the Middle East and 1.4 million in Africa. The markets in North America and Japan were Stagnant, while those in South America and Asia grew strongly. Of the major markets, Russia, Brazil and China saw the most rapid growth. In 2008, with rapidly rising oil prices, industries such as the automotive industry are experiencing a combination of pricing pressure from raw material costs and changes in consumer buying habits. The industry is also facing increasing external competition from the public transport sector, as consumers re-evaluate their private vehicle usage.…

    • 1342 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Gm Company Profile and Swot

    • 4432 Words
    • 18 Pages

    The automotive industry has been playing a leading role in high growth in economies throughout the world since the industrial revolution. It is a sector characterized by not only tremendous potential growth, but also very high profile trade disputes, and intense competition. In the 21st century, the automotive industry confronts greater challenges as the industry undergoes fundamental changes.…

    • 4432 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    The global automotive industry involves the manufacture and sales of automobiles and other retail activities, such as gas-station retail and the sale of car parts. The industry’s yearly growth rate is expected to exceed 5.5% from 2010 to 2015, reaching a value of more than $5,132 billion by 2015, according to research from MarketLine. The industry is a leading employer throughout the world, with 9 million people involved in making 60 million vehicles, or 5% of global manufacturing jobs. Indirect employment from automotive activity is fivefold, representing 50 million jobs connected indirectly to the auto industry.…

    • 1509 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Bosch Case Study

    • 846 Words
    • 4 Pages

    Apart from these core competencies, the company structured differently in comparison to other multinational companies. It is not a public listed company, but a foundation with the major objectives in the human charity fields.…

    • 846 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Tata Motors, the General Electric of India is a conglomerate with a commanding presence in a vast industries across India and globally. In January 2008, Tata introduced to the Indian public it’s ultra cheap car “Nano”. The expected retail price for the Nano was expected to be as little as USD2,500 and would cater for the fast growing middle class segment of the Indian population. Tata Motors was set to change the face of the automobile industry in India. This was however met with some challenges, given the economic environment of India and thereby causing a delay of the launch by six months. The introduction of the “People’s car” created a new category/ trend of ultra cheap cars which then led to other auto makers following in hot pursuit to roll out their own brand of vehicles in this category.…

    • 1884 Words
    • 8 Pages
    Good Essays
  • Good Essays

    The automotive industry is a big term; indeed it is used to describe a large range of companies and organizations engaged in the development, design, manufacture, marketing, and selling of motor vehicles. The automotive industry is one of the world’s most important economic sectors in terms of revenue.…

    • 988 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The automobile industry has a huge impact on the U.S. economy. The Center for Automotive Research stated that this industry is the major user of computer chips, textiles, aluminum, copper, steel, iron, lead, plastics, vinyl, and rubber. The study also showed that for every autoworker there are seven other jobs created in other industries. These industries include anything from the aluminums to lead to vinyl. In 2001, the total sales of automobiles were 3.7% of the nation's gross domestic product. This percentage works out to be $375 billion dollars in sales.…

    • 1376 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    The automobile industry is an extremely large and complex industry that is made up of many different businesses that all share a part in the manufacturing, sale, service and financing of automobiles. This industry makes up a large part of the United States economy as well as the world economy, and therefore is important to understand. To understand the automotive industry it is best to look at the industry, market, and competition that shapes it.…

    • 2053 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Indian automobile industry is riding high with overwhelming economic growth rate of 8.4% in 2005-06. The industry has been growing at CAGR of 16.33% from 2001-02 to 2005-06 in terms of…

    • 648 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    The Indian automobile industry produced a total 1.69 million vehicles including passenger vehicles, commercial vehicles, three wheelers and two wheelers in August 2013 as against 1.56 million in August 2012, registering a growth of 8.18 percent over the same month last year.…

    • 2700 Words
    • 11 Pages
    Good Essays