INTRODUCTION In India‚ a country where traditional medicinal and health practices like Ayurveda and yoga have promoted the idea of mental and physical wellbeing since ancient times‚ a new concept of wellness is emerging. No longer limited to health‚ nutrition and relaxation‚ the new multi-dimensional definition of wellness encompasses the individual’s desire for social acceptance‚ exclusivity and collective welfare. WELLNESS INDUSTRY The 2009 FICCI-Ernst & Young (EY) Wellness – Exploring the
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magazines on tourism ranked India among the top 10th tourist destinations in the world. Tourism is the third highest net earner of foreign exchange for the countryand also one of the sectors that employs the largest number of manpower. The growth in tourism industry has been about 230% since 1990 to 2000. It is estimated that the tourism industry could contribute about US $1.8 billion to the GDP by 2020. Indian tourism is one of the most diverse products on the global scene. India has 26 world heritage
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ABSTRACT The Indian automobile industry is currently experiencing an unprecedented boom in demand for all types of vehicles. This boom has been triggered primarily by two factors: * Increase in disposable incomes and standards of living of middle class Indian families estimated to be as many as four million in number; and * The Indian government’s liberalization measures such as relaxation of the foreign exchange and equity regulations‚ reduction of tariffs on imports‚ and banking liberalization
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SWOT and PESTEL analysis of the automobile industry At the beginning the gas price and economy were stable‚ this create conducive environment for car manufacturers‚ Vehicle sale has become stronger in the market‚ than it was anticipated due to expected economic growth‚ where by industry marketing expenditure were flat at $ 1‚505 million and later increased $39 ml to 1544 ml due to aggressive advertising and promotion increase despite growing sales‚ oil prices were doubled in the December‚ and raise
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Indian Spirits Sector - Overview Indian Liquor Industry with estimated market value of INR 340 bn is growing at 12-15% over the last two years. The industry is estimated to have sold 115 mn cases of IMFL last year. The sector is expected to maintain its CAGR of ~15% while the premium segment Wine and Vodka is expected to grow at a higher rate. With consolidation and foreign acquisitions gaining steam the sector is about to witness next phase with realization rising in line with that of their foreign
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1. AUTOMOBILE INDUSTRY – INTRODUCTION 1.1 EVOLUTION OF AUTOMOBILE INDUSTRY: The evolution of the automotive industry has been influenced by various innovations in fuels‚ vehicle components‚ societal infrastructure‚ and manufacturing practices‚ as well as changes in markets‚ suppliers and business structures. Some historians cite examples as early as the year 1600 of sail-mounted carriages as the first vehicles to be propelled by something other than animals or humans. However‚ it is believed by
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Telecommunication Industry The global system of telecommunication touches nearly all of us through complex networks such as telephones‚ mobile phones and internet-linked PCs. It plays an important role not just in our individual lives but is also a significant contributor to the world economy. In fact‚ the worldwide revenue for the telecommunication industry was estimated to be $3.85 trillion in 2008 where the service revenue alone constituted $1.7 trillion and is expected to touch $2.7 trillion
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THE AIRLINES SECTOR The aviation industry in India has grown by leaps and bounds in recent years in terms of kilometers flown as well as customers serviced. The economy of a country is substantially determined by the quality of air transport. The airlines today have made themselves more popular among its customers by various marketing tactics like: • Reduced costs of air tickets for frequent flyers. • E-ticketing i.e. virtually eliminating the need for agents. Rynair and Easy jet two of UK’s
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History Of Motorcycles And The Automobile Industries Marketing Essay Automobile is one of the largest industries in global market. Being the leader in product and process technologies in the manufacturing sector‚ it has been recognized as one of the drivers of economic growth. During the last decade‚ well directed efforts have been made to provide a new look to the automobile policy for realizing the sector’s full potential for the economy. Steps like abolition of licensing‚ removal of quantitative
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