Emergence of India as Small Car Manufacturing Hub
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The Emergence of India as a Small Car Manufacturing Hub
Submitted by
GROUP 9, SECTION S5IMT,Ghaziabad | Name | Roll No. | Akshay Deshpande | 12DM-051 | Rahul Sharma | 12DM-110 | Ravi Ranjan | 12DM-119 | Varun Sudhindra | 12DM-161 | Krishna Prasad | 12FN-065 | Vaibhav Garg | 12FN-151 | Kumar Mrigendra | 12HR-013 |
Contents INTRODUCTION 3 Present Scenario 4 Factors that have made India an attractive destination for automotive companies 4 The Road Ahead 5 Government Measures 5 India: World’s Compact Car Hub 6 Wider 8 Deeper 8 Develop global supply capabilities 8 Improve product development capabilities 9 Establish an agile supply chain 9 Faster 10 Conclusion 10 References 11
INTRODUCTION
Automotive Industry, globally, as well in India, is one of the key sectors of the economy. Due to its deep forward and backward linkages with several key segments of the economy, automotive industry has a strong multiplier effect and acts as one of the drivers of economic growth. The well-developed Indian automotive industry produces a wide variety of vehicles: passenger cars, light, medium and heavy commercial vehicles, multi-utility vehicles such as jeeps, scooters, motor-cycles, mopeds, three wheelers, tractors and other agricultural equipments etc. The sector has tremendous potential for providing employment. This will increase the present figure of employment in manufacturing sector which presently is quite low at 12% as compared to the countries like Malaysia (50%); Korea (62%) and China (31%).
The
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The Emergence of India as a Small Car Manufacturing Hub
Submitted by
GROUP 9, SECTION S5IMT,Ghaziabad | Name | Roll No. | Akshay Deshpande | 12DM-051 | Rahul Sharma | 12DM-110 | Ravi Ranjan | 12DM-119 | Varun Sudhindra | 12DM-161 | Krishna Prasad | 12FN-065 | Vaibhav Garg | 12FN-151 | Kumar Mrigendra | 12HR-013 |
Contents INTRODUCTION 3 Present Scenario 4 Factors that have made India an attractive destination for automotive companies 4 The Road Ahead 5 Government Measures 5 India: World’s Compact Car Hub 6 Wider 8 Deeper 8 Develop global supply capabilities 8 Improve product development capabilities 9 Establish an agile supply chain 9 Faster 10 Conclusion 10 References 11
INTRODUCTION
Automotive Industry, globally, as well in India, is one of the key sectors of the economy. Due to its deep forward and backward linkages with several key segments of the economy, automotive industry has a strong multiplier effect and acts as one of the drivers of economic growth. The well-developed Indian automotive industry produces a wide variety of vehicles: passenger cars, light, medium and heavy commercial vehicles, multi-utility vehicles such as jeeps, scooters, motor-cycles, mopeds, three wheelers, tractors and other agricultural equipments etc. The sector has tremendous potential for providing employment. This will increase the present figure of employment in manufacturing sector which presently is quite low at 12% as compared to the countries like Malaysia (50%); Korea (62%) and China (31%).
The
References: * Shiv Shivraman, Manish Mathur ; India 's Auto Component Suppliers: New Frontiers in Growth; http://www.atkearney.com/paper/-/asset_publisher/dVxv4Hz2h8bS/content/india-s-auto-component-suppliers-new-frontiers-in-growth/10192; June 2012 * Viral Dholakia; Can India replicate Chinese model of creating Manufacturing hubs?; http://trak.in/tags/business/2011/04/02/can-india-replicate-chinese-model-of-manufacturing-hubs/; April 2 2011 * The Emergence of India as a Small Car Manufacturing Hub; http://www.albrightstonebridge.com/india_car_hub/; Jan 12 2013