Macroenvironmental Factors Affecting Automobile Industry - Presentation Transcript 1. MACRO-ENVIRONMENTAL FACTORS AFFECTING AUTOMOBILE INDUSTRY 2. Introduction * Tenth largest in the world * Expected to overtake China * Huge attraction for foreign car manufacturers * Dominated by domestic companies * Contributes 3.1% to the nominal GDP 3. Interesting Figures India’s motorcycle market is the second largest in the world Largest three-wheeler market
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AUTOMOBILES AND IMPACTS There are things and objects in our life that could not be given up when they become part of our life. Throughout the history‚ there have been many objects and things like that. At the prehistoric ages‚ that had been their hunting tool. At the medieval age‚ especially for men that was his horse or his domestic animal. At the modern age‚ those have been their automobiles. Since for now‚ automobiles are so important and impactful for us and our daily life in many aspects.
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direct investment refers just to building new facilities. FDI Inflows to Automobile Industry have been at an increasing rate as India has witnessed a major economic liberalization over the years in terms of various industries. The automobile sector in India is growing by 18 percent per year. ------------------------------------------------- The Automobile Sector in India- The automobile sector in the Indian industry is one of the high performing sectors of the Indian economy. This has contributed
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today? Automobiles Automobiles have been around for quite some time. They have changed in many aspects when compared to cars we have today and cars before the 80’s. A much wider variety of automobiles are available in today’s market than the variety that was available before the 80’s. The popular cars in the past were mainly American origin and had a similar base design. Around the 60’s‚ 70’s and 80’s many people did not have automobiles like they do today. A lot has changed for automobiles from
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know what you’re reading. Select the sites below and start sharing. Readcast this DocumentTransparent Login to Add a Comment Share & Embed Add to Collections Download this Document for Free Auto-hide: on TERM PAPER ON PESTLE ANALYSIS OF AUTOMOBILE SECTOR OF INDIA Submitted to: (LOVELY INSTITUTE OF MANAGEMENT) MBA Ist ± B(Ist Sem.) (Session 2009-2011) Date- 05 Dec 2009 Submitted To: Submitted By: Miss Impreet Kaur Suman Tiwari Roll No. A-22 Reg. No.10904478 ACKNOWLEDGEMENT
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invent the assembly line‚ but only perfected it in such a way that automobiles could be put together in large numbers by people who only had to know how to apply one part to do their job. Ford didn’t stop there‚ he changed the life of every city dwelling American by not only changing how companies treated their workers and how they conducted themselves‚ but also triggered a domino effect in all businesses related to the car industry. Henry Ford started his reign of the car enterprises when he started
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Introduction of Automobile The automobile industry in India actually began about 4‚000 years ago when the first wheel was used for transportation. In the early 15th century‚ the Portuguese arrived in China and the interaction of the two cultures led to a variety of new technologies‚ including the creation of a wheel that turned under its own power. By the 1600s‚ small steam-powered engine models were developed‚ but it was another century before a full-sized engine-powered automobile was created
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The Evolution of the Automobile The official definition of an automobile is “a passenger vehicle designed for operation on ordinary roads and typically having four wheels and a gasoline or diesel internal-combustion engine” (Merriam-Webster 51). There is no one person accredited for the invention of the automobile‚ but rather a collection of advancements that evolved into the modern-day automobile (Smith 12). Today‚ there are approximately 600 million passenger vehicles in existence worldwide
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1800’s. By the 1900’s‚ it was uncertain which type of engine would power the automobile. At first‚ the electric car was the most popular‚ but at the time a battery did not exist that would allow a car to move with much speed or over a long distance. Even though some of the earlier speed records were set by electric cars‚ they did not stay in production past the first decade of the 20th century. The steam-driven automobile lasted into 1920’s. However‚ the price on steam powered engines‚ either to build
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1800 ’s. By the 1900 ’s‚ it was uncertain which type of engine would power the automobile. At first‚ the electric car was the most popular‚ but at the time a battery did not exist that would allow a car to move with much speed or over a long distance. Even though some of the earlier speed records were set by electric cars‚ they did not stay in production past the first decade of the 20th century. The steam-driven automobile lasted into 1920 ’s. However‚ the price on steam powered engines‚ either to
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