Automobile industry The auto industry of India‚ with an annual production of around 22 million vehicles‚ is one of the largest in the world in FY 2013-14. It accounts for 22% of the country’s manufacturing gross domestic product (GDP). Various initiatives by the Government of India and the major automobile players in the Indian market‚ it is expected to make India a leader in the Two Wheeler and Four Wheeler market in the world by 2020. The demand for two wheeler & car segment is increasing because
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Time: The traditional concepts of Quality and customer satisfaction have been challenged in the recent years. Customer choices and perceptions have also been changing continuously. Japanese manufacturers were the first to meet these challenges by introducing many innovations in manufacturing systems and management‚ one of which is the philosophy of “Just in Time”. Just-in-time (JIT) refers to a collection of practices that is designed to eliminate waste and achieve manufacturing excellence. These organizational
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TERM PAPER ON PESTLE ANALYSIS OF AUTOMOBILE SECTOR OF INDIA ACKNOWLEDGEMENT I would like to confer my heartiest thanks to my coordinator of Business Environment and class teacher Miss Impreet Kaur for giving me the opportunity to expel and work in the field of Environmental Analysis‚ especially its practical applications. While preparing my project I got to have an in depth knowledge of practical applications of the theoretical concepts and definitely the things which I have learned
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INDUSTRY ANALYSIS Today the automobile sector in India contributes 5% to the nation’s GDP‚ making it a prominent player in the economy. It will contribute around 19% of the Tax collection for financial year 2009-10. Following have been the features of Auto industry in the past financial year. The following tables and charts consist of the performance of Auto industry in past few years. Industry Aggregate (Rs in million) | | AMJ 10 (E) | Net Sales | 363904.38 | Change (%) | 39% | EBITDA |
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Case Study of Automobile Industry Research on General Motors Description of Automobile Industry: Automobile industry is the modern manufacturing industry including commercial vehicles (CVs)‚ cars‚ three-wheelers and two-wheelers segments. The automotive industry has been playing a leading role in spurring 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
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Economics of General Motors The role of the automotive industry in U.S economy is quite important. Given the multiplier effect‚ its impacts on other industries such as glass‚ steel and rubber‚ so it is considered an industry that shows some level of welfare in the economy one that has a greater share of production in manufacturing. The automobile industry provides thousands upon thousands of jobs‚ and in the last century the automobile has revolutionized the world‚ and become an indispensible
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per the McKinsey & Company report on “The Future of the Automobile Industry”‚ the ecosystem of the industry is changing fast and is becoming more regulated due to strict environmental restrictions and emission control and alternate fuel requirements. Automobile has always been considered as means of both “transportation and personal expression”‚ but Generation Y of millennial do not concur to that psychology of Baby Boomers. Today automobiles are more about vehicle connectivity‚ interactive safety
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ASSIGNMENT ON MARKETING Submitted by J.Rees 09BA128 MBA ³C´ About Mahindra & Mahindra Type Founded Headquarters Key people Public Company 1945 Mumbai‚ India Keshub Mahindra (Chairman)‚ Anand Mahindra (Vice-Chairman & Managing Director) Industry Revenue US$ Employees Website Automotive‚Farm Equipment 10 billion (2009 H1). 16‚000 plus Mahindra.com Mahindra & Mahindra Limited is part of the Mahindra Group‚ an automotive‚ farm equipment‚ financial services‚ trade and logistics‚ automotive
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proposes to investigate the effects of recession on the automobile industry in world specifically in United Kingdom‚ United States‚ India and Japan. This includes its effects on employment sector‚ advertisement sector‚ Research & Development Sector‚ Banking Sector and other sectors related to this‚ the effect on overall economy and the related terminologies thereof. Also‚ the aim is to the study of effect of recession on downturn in automobile industry due to changes in Trade Agreements between two countries
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forces in business -- operations‚ strategies‚ structures‚ ownership‚ and performance. These forces cut across many industries to force changes that‚ in turn‚ have had significant economic and social impacts in rural communities. Structurally‚ the emerging lithium-ion battery technology industry is uncharacteristic of typical agricultural processing. The lithium-ion battery technology industry grows out of its developmental stage into a more embedded role. The ability of traditional firms to achieve competitive
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