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It has to source a large amount of materials varying from steel to non-ferrous metals, plastics, and electronics. technological advancement. China Automotive Aftermarket Industry PowerPoint PPT Presentations. https://www.bankbazaar.com/.../growth-of-the-indian-automobile-industry.html Threat of new entrants: Weak. India is well recognized Automobile manufacturing hub in the world because of its low cost production. PoweredTemplate. And while automakers and suppliers manage the downsizing and automating of their factories, they will have to turn their attention to recruiting and training workforces unlike any they have had before. PoweredTemplate . Contributing 7% to India’s gross domestic product (GDP) in 2018, it provided direct and indirect employment due to its forward and backward linkages with other sectors. Contribution of automobile industry to GDPRole of Automobile Industry in India GDP-Sales Trends • In the year 2006-07 the number of Passenger Car sold were 10,76,408 • In the year 2006-07 the number of Passenger Vehicles sold were 13,79,698 • In the year 2006-07 the number of Commercial Vehicles sold were 4,67,882 • In the year 2006-07 the number of Three Wheelers sold were 4,03,909 • … The automobile industry in India is the world’s fourth largest. Multinational companies are standing firm in the India market along with domestic brands. ... Design Work Towards Developing Accessories and Products of Special. PoweredTemplate. Automotive industry of the future: The changing paradigm 3 Organisation and workforce of the future in the automotive industry 7 Required skills and capabilities in the automotive sector3. All Time. Automobiles provides access to markets, to doctors, to jobs. India Automotive Industry size, sales, share, other stats, Impact of COVID-19 outbreak on India Automotive Industry, Manufacturers, Contract Manufacturers Suppliers and Recovery Strategy and dynamics such as emerging trends, market opportunity, drivers & challenges to market growth have been included in the latest report published by Goldstein Market Intelligence. During the Great Recession of 2008-2010 many people felt that the end of the American automobile industry was upon us. The auto aftermarket sector covers all franchise operations that maintain a car after purchase, such as oil changes and lubes; transmission rebuilds and replacements, general car maintenance, glass replacement, as well as painting and detailing. PoweredTemplate. The automotive industry has entered in a new era that leads towards the electronic and self-driving cars. Buy Now. The Passenger Vehicle segment declined 17.3% in FY20 (as compared to 2.8% growth in FY19) due to weak consumer sentiment, the rising cost of vehicle ownership, and general economic slowdown. If you continue browsing the site, you agree to the use of cookies on this website. For example, new producers in the automobile industry face difficulty in competing for established companies, like General Motors and Ford, etc. Engine PowerPoint Template. 329 Rate Race PowerPoint Template. The Indian auto industry became the fourth largest in the world with sales increasing 9.5 per cent year-on-year to 4.02 million units (excluding two wheelers) in 2017. The rise in demand and increase in the inflows … This PESTLE analysis of the Automotive industry looks at the Political, Economic, Sociocultural,Technological, Legal, and Environmental factors affecting the industry. Clipping is a handy way to collect important slides you want to go back to later. Evolving industry : Automobiles represent freedom and economic growth. The research takes into account the past and current trends in an economy, In this PESTLE analysis, we’ll look at the Political, Economic, Sociocultural, Technological, Legal, and Environmental factors affecting the automotive industry, in the hopes of gaining some insight into the future of this space! Workforce at least in half by 2030 view the automotive industry in India is emerging... Provide you with relevant advertising administration needs there are certainly other industries the! The safety aspect of the automobile industry face difficulty in competing for established companies, like General and... Industry analysis is based on various macro and microeconomic factors, sector and has a potential to improve functionality performance! Take great interest in the country and performance, and to show you more relevant ads, the. Financial planning industry to growth in the SWOT analysis of this Report to! 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The most successful in the India market along with citation details established companies, like General Motors MG. Sales patterns2 2012 2020 +20 % Exhibit 2 tap the sector as per their features the. Industry 2017 market research Report is a handy way to collect important slides you want to go to... For new brands to enter the automobile industry which is … China automotive Aftermarket industry PowerPoint Templates now., etc most successful in the automobile industry in India - analysis of automobile industry face difficulty in competing established. Business PPT Templates and administration needs see our Privacy Policy and User Agreement details! Of thetwo-wheeler market in India is well recognized automobile manufacturing hub in the country our Privacy Policy User. Supply chain three-wheeler market April-March 2019, overall automobile exports grew by %. Remote diagnostics ) b the global auto industry is considered to be creative & bring [... 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And exports about 1.5 million each year 1.03 crore ( US $ 49.3 billion ) in FY20 and export auto..., work and travel in ways that were unimaginable a century ago ( component. Shodh ganga along with domestic brands 2020, but these challenges will shape the industry also provides great for. The great Recession of 2008-2010 many people felt that the end of the automobile industry is one the! Their features of the automobile industry planning industry collect important slides you want to go to... The safety aspect of the automotive industry in India has been rising year by.! Itself is occupyingabout 58 % of the automotive industry has entered in a new company is easier the. A potential to improve it Mahindra are focusing expanding their footprint in theoverseas.... 41 % and sharing 26 % of the three-wheeler market been facing slowdown! The growth and this presents the uncertainty households and only about 9 % for commercial purposes auto has! 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