project on automobile sector of india
TRANSCRIPT
-
8/10/2019 project on automobile sector of india
1/17
Automotive industry in IndiaINTRODUCTION
The automotive industry in Indiais one of the largest automotive
markets in the world. It had previously been one of the fastest growing
markets globally, but is currently experiencing flat or negative growth
rates.[1][]India!s passenger car and commercial vehicle manufacturing
industry is the sixth largest in the world,with an annual production of
more than ".# million units in $11.["]%ccording to recent reports, India
overtook &ra'il to become the sixth largest passenger vehicle producer in
the world. throughout the course of $11 and $1, the industry grew 1()
1*+, selling around three million units.[]In $$#, India emerged as %sia!s
fourth largest exporter ofpassenger cars, behind -apan, outh /orea, and
Thailand.[0]In $1$, India beat Thailand to become %sia!s third largest
exporter of passenger cars.
%s of $1$, India is home to $ million passenger vehicles. ore than ".2
million automotive vehicles were produced in India in $1$ 3an increase
of "".#+4, making the country the second 3after 5hina4 fastest growing
automobile market in the world in that year.[(][2]%ccording to the ociety of
Indian %utomobile anufacturers, annual vehicle sales are pro6ected to
increase to million by $10, no longer 0 million as previously pro6ected.
[1]
7istory
The frst car on India's roads in 1897 Unti! the 19"#s$ cars
%ere im&orted direct!y$ ut in very sma!! numers
The frst car sho%room in(ecunderaad
An emryonic automotive industry emer)ed in India in the
19*#s +industan%as !aunched in 19*,$ !on) time
com&etitor -remierin 19** They
ui!t ./and 0iat&roducts res&ective!y182
/ahindra 3
http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-cnbc-1http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-cnbc-1http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-2http://en.wikipedia.org/wiki/Automotive_industryhttp://en.wikipedia.org/wiki/Automotive_industryhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-3http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-3http://en.wikipedia.org/wiki/List_of_countries_by_motor_vehicle_productionhttp://en.wikipedia.org/wiki/List_of_countries_by_motor_vehicle_productionhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-ReferenceA-4http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-ReferenceA-4http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-ReferenceA-4http://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-bloomberg1-5http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-6http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-7http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-cnbc-1http://en.wikipedia.org/wiki/Secunderabadhttp://en.wikipedia.org/wiki/Secunderabadhttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Premier_Automobiles_Limitedhttp://en.wikipedia.org/wiki/General_Motorshttp://en.wikipedia.org/wiki/Fiathttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-pip1-18http://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Limitedhttp://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Limitedhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-2http://en.wikipedia.org/wiki/Automotive_industryhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-3http://en.wikipedia.org/wiki/List_of_countries_by_motor_vehicle_productionhttp://en.wikipedia.org/wiki/List_of_countries_by_motor_vehicle_productionhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-ReferenceA-4http://en.wikipedia.org/wiki/Automobilehttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-bloomberg1-5http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-6http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-7http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-cnbc-1http://en.wikipedia.org/wiki/Secunderabadhttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Premier_Automobiles_Limitedhttp://en.wikipedia.org/wiki/General_Motorshttp://en.wikipedia.org/wiki/Fiathttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-pip1-18http://en.wikipedia.org/wiki/Mahindra_%26_Mahindra_Limitedhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-cnbc-1 -
8/10/2019 project on automobile sector of india
2/17
/ahindra%as esta!ished y t%o rothers in 19*4$ and
e)an assem!y o56ee& C6"A uti!ity vehic!es 0o!!o%in)
theinde&endence$ in 19*7$ the .overnment o5 India and
the &rivate sector !aunched eorts to create an automotive
com&onent manu5acturin) industry to su&&!y to the
automoi!e industry In 194" an im&ort sustitution
&ro)ramme %as !aunched$ and the im&ort o5 5u!!y ui!tu&
cars e)an to e im&eded182
The+industan Amassadordominated India's automotive maret
5rom the 19:#s unti! the mid8#s
+o%ever$ the )ro%th %as re!ative!y s!o% in the 194#s and
19:#s due to nationa!isation and the !icense ra;%hich
ham&ered the Indian &rivate sector Tota! restrictions 5or
im&ort o5 vehic!es %ere set and a5ter 197# the automotive
industry started to )ro%$ ut the )ro%th %as main!y driven
y tractors$ commercia! vehic!es and scooters Cars %ere
sti!! a ma;or !u
-
8/10/2019 project on automobile sector of india
3/17
STRUCTURE::Auto Industry: Global Scenario
The production of passenger
and commercial vehicles hasreached a new record of 66.46million units in 2005. Thegrowth in production has beenas follows:
There has been an addition of 10.59million vehicle production since199. ! ma"orit# of this growth is
coming from the !sia $ %acificregion &e'cluding (apan).
! bul* of this increase in !sia+%acific region has come from,hina where production hastrebled from 15.-2 la*h units in199 to 46 la*h in 2005. from .2la*h units in 199 to
la*h in 2005
-
8/10/2019 project on automobile sector of india
4/17
.Evolution of Indian
Automotive Industry=2. Automobiles
hile the genesis of /ndian !utomotive
/ndustr# can be traced to the 1940sdistinct growth decades started in the190s.
etween 190 and 19-4 cars wereconsidered a lu'ur# product manufacturingwas licensed e'pansion was restrictedthere were 3uantitative restriction &) onimports and a taristructure designed torestrict the mar*et. The mar*et wasdominated b# si' manufacturers + Telco&now Tata otors) !sho* 7e#landahindra 8 ahindra industan otors%remier !utomobiles and a"a" !uto.
The decade of 19-5 to 1995 saw the entr#of aruti d#og in the passenger carsegment and (apanese manufacturers inthe two wheelers and light commercialvehicle segments. ;conomic liberali
-
8/10/2019 project on automobile sector of india
5/17
Toda# the /ndian auto component sector has over500 organised pla#ers and about 5000 unorganisedsector pla#ers. The
pla#ers of organised sector reached a turnover ofover >? 14 billion in 2005+06. ?emand fromB;s account for 6@ of sales replacementmar*et accounts for 19@ while e'ports account
for over 14@ at about >? 2.0 billion. This ise'clusive of t#res batteries and importedcomponents.
and state e'che3uers. /t also has significant spin oon insurance auto finance and oil sector.
Indian AutomotiveIndustry: Innovation
and Growth
In the ear!y ,1st century$ %ith the
ori)ina! 5our Asian Ti)ers at or near to
5u!!y deve!o&ed status$ attention has
increasin)!y shi5ted to other Asian
economies such as China and India$
%hich are e
-
8/10/2019 project on automobile sector of india
6/17
to the recent im&ressive sho%in) o5
dynamism o%es 5ormida!e
&recedence to history
Genre of Indian Automotive
Industry
-
8/10/2019 project on automobile sector of india
7/17
Fig 4 /aret (hare o5 Earious
(e)ments o5 Automoi!es
Gro#t" $otential of Indian AutomotiveIndustry
!utomotive /ndustr# oers huge growthpotential in terms of sales volume&including e'ports) and also immenseemplo#ment opportunities. The li*el# futurevolumes of dierent vehicle categorieswere estimated on the basis of pro"ectionsmade b# ia,> C,!; and !T Dearne#.
The pro"ected si
-
8/10/2019 project on automobile sector of india
8/17
automotive industr# varies between >? 122billion and >? 159 billion including >? =5billion e'ports. This translates into a contributionof 10+11@ to /ndiaEs F?% b# 2016 that is doublethe current contribution. This would mean adomestic vehicle mar*et of >? -2 billion to >?119 billion b# 2016. !nother >? 2 $ 2.5 billion in
engineering will not onl# be an opportunit# but
getting ade3uatel# trained personnel willbecome a ma"or challenge.
IndianAutomotive
Industry:
Anovervie#
898%: %;coport, have
also been sold in
Cctober, which is a
rise of seven percent
following a three)
month decline.
!utomotive /ndustr#globall# as well in/ndia is one of the*e# sectors of theeconom#. ?ue to itsdeep forward and
bac*ward lin*ageswith several *e#segments of theeconom#automotive industr#has a strongmultiplier eect andacts as one of the*e# drivers ofeconomic growth.The well+developed/ndian automotiveindustr# produces awide variet# ofvehicles: passengercars light mediumand heav#commercial vehiclesmulti+utilit# vehiclessuch as "eepsscooters motor+c#cles mopedsthree wheelerstractors and otheragriculturale3uipment etc. Thesector has high
potential forprovidingemplo#ment. Thiswill increase thepresent level ofemplo#ment inmanufacturingsector whichpresentl# is 3uite lowat 12@ as comparedto the countries li*eala#sia &50@)Dorea &62@) and,hina &=1@).
-
8/10/2019 project on automobile sector of india
13/17
AUT010+IE I34USTR5 I3 %EST+E3GA C01(ARE4 T0 0T-ERSTATES
!utomobile sector of west engal used to thrive bac* in the earl# da#s of production. ! primar# vehiclemanufacturing compan# /C?>T!C BTB> increased the standard of automobile hub of westengal. %assenger vehicles li*e ambassador short road cars were renowned all over the countr#. /ts1500ltr cc engine made it a perfect masterpiece.ut later in the current scenario automobile hub is at sta*e in this state./C?>T!C BTB> closed down due to its lac* of funding. %olitical wars ma*e it a hectic process forcompanies to build up manufacturing lineups in this state. >o wor*ing class had to shift to FurgaonFu"arat umbai Derala to get "obs in automobile sector where the industr# flourishes.
The ma6ority of India!s car manufacturing industry is based around three clusters in the south, west
and north. The southern cluster consisting of 5hennaiis the biggest with "0+ of the revenue share.
The western hub nearumbaiand@unecontributes to ""+ of the market and the northern cluster
around the;ational 5apital 8egioncontributes "+.[*]5hennai,houses the India operations
ofEord,7yundai,8enault,itsubishi,;issan,&F, 7industan otors,ngine assemblyunit.%urangabadwith %udi, kodaand =olkswagenalso forms part of the western cluster. %nother
emerging cluster is in the state of Gu6aratwith manufacturing facility of General
otorsin 7aloland further planned forTata ;anoat their plant inanand. Eord, aruti u'uki
and @eugeot)5itroenplants are also set to come up in Gu6arat.[1"]/olkatawith7industan
otors,;oidawith7ondaand &angalorewith Toyotaare some of the other automotive
manufacturing regions around the country also under active consideration.
C-AE3GES A34 6UTURE (R0S(ECTS::
Com$uteri!ation of RT0s 7 4river icensin' System
5.10.1 /ndia is a fast growing econom# and the !utomotive /ndustr# is pla#ing a leading role in this. Thenumber of vehicles being manufactured and sold is increasing
>tolen Aehicle Trac*ing;nforcement of other laws introduced from time to time e.g. ;7A norms
Com$etitiveness in manufacturin'
The share of manufacturing sector &within the /ndustr# sector) has shown onl# a marginal improvement
from 16.6@ in 1991 to 1@ of /ndian F?% 200=. /n comparison in some ;ast !sian economies the share
http://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/National_Capital_Regionhttp://en.wikipedia.org/wiki/National_Capital_Regionhttp://en.wikipedia.org/wiki/National_Capital_Regionhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-8http://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Ford_India_Private_Limitedhttp://en.wikipedia.org/wiki/Ford_India_Private_Limitedhttp://en.wikipedia.org/wiki/Ford_India_Private_Limitedhttp://en.wikipedia.org/wiki/Hyundai_Motor_India_Limitedhttp://en.wikipedia.org/wiki/Renault_India_Private_Limitedhttp://en.wikipedia.org/wiki/Renault_India_Private_Limitedhttp://en.wikipedia.org/wiki/Mitsubishihttp://en.wikipedia.org/wiki/Mitsubishihttp://en.wikipedia.org/wiki/Mitsubishihttp://en.wikipedia.org/wiki/Nissan_Motor_India_Private_Limitedhttp://en.wikipedia.org/wiki/Nissan_Motor_India_Private_Limitedhttp://en.wikipedia.org/wiki/BMW_Indiahttp://en.wikipedia.org/wiki/BMW_Indiahttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Daimler_AGhttp://en.wikipedia.org/wiki/Daimler_AGhttp://en.wikipedia.org/wiki/Caparohttp://en.wikipedia.org/wiki/Caparohttp://en.wikipedia.org/wiki/Mini_(marque)http://en.wikipedia.org/wiki/Datsunhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-9http://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Manesarhttp://en.wikipedia.org/wiki/Manesarhttp://en.wikipedia.org/wiki/Manesarhttp://en.wikipedia.org/wiki/Haryanahttp://en.wikipedia.org/wiki/Haryanahttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-10http://en.wikipedia.org/wiki/Chakan,_Maharashtrahttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Skoda_Auto_India_Private_Limitedhttp://en.wikipedia.org/wiki/Skoda_Auto_India_Private_Limitedhttp://en.wikipedia.org/wiki/Mahindra_and_Mahindrahttp://en.wikipedia.org/wiki/Mahindra_and_Mahindrahttp://en.wikipedia.org/wiki/Tata_Motorshttp://en.wikipedia.org/wiki/Mercedes-Benz_Indiahttp://en.wikipedia.org/wiki/Mercedes-Benz_Indiahttp://en.wikipedia.org/wiki/Mercedes-Benz_Indiahttp://en.wikipedia.org/wiki/Land_Roverhttp://en.wikipedia.org/wiki/Land_Roverhttp://en.wikipedia.org/wiki/Land_Roverhttp://en.wikipedia.org/wiki/Jaguarhttp://en.wikipedia.org/wiki/Fiat_Automobiles_India_Limitedhttp://en.wikipedia.org/wiki/Fiat_Automobiles_India_Limitedhttp://en.wikipedia.org/wiki/Force_Motorshttp://en.wikipedia.org/wiki/Force_Motorshttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-11http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-12http://en.wikipedia.org/wiki/Nashikhttp://en.wikipedia.org/wiki/Nashikhttp://en.wikipedia.org/wiki/Aurangabad,_Maharashtrahttp://en.wikipedia.org/wiki/Aurangabad,_Maharashtrahttp://en.wikipedia.org/wiki/Audi_Indiahttp://en.wikipedia.org/wiki/Skoda_Auto_India_Private_Limitedhttp://en.wikipedia.org/wiki/Skoda_Auto_India_Private_Limitedhttp://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/Halolhttp://en.wikipedia.org/wiki/Tata_Nanohttp://en.wikipedia.org/wiki/Tata_Nanohttp://en.wikipedia.org/wiki/Sanand_Plant_(Tata_Motors)http://en.wikipedia.org/wiki/Sanand_Plant_(Tata_Motors)http://en.wikipedia.org/wiki/Sanandhttp://en.wikipedia.org/wiki/Peugeot-Citroenhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-wsj-peugeot-13http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-wsj-peugeot-13http://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Noidahttp://en.wikipedia.org/wiki/Noidahttp://en.wikipedia.org/wiki/Honda_Siel_Cars_Indiahttp://en.wikipedia.org/wiki/Honda_Siel_Cars_Indiahttp://en.wikipedia.org/wiki/Honda_Siel_Cars_Indiahttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Toyota_Kirloskar_Motor_Private_Limitedhttp://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Mumbaihttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/National_Capital_Regionhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-8http://en.wikipedia.org/wiki/Chennaihttp://en.wikipedia.org/wiki/Ford_India_Private_Limitedhttp://en.wikipedia.org/wiki/Hyundai_Motor_India_Limitedhttp://en.wikipedia.org/wiki/Renault_India_Private_Limitedhttp://en.wikipedia.org/wiki/Mitsubishihttp://en.wikipedia.org/wiki/Nissan_Motor_India_Private_Limitedhttp://en.wikipedia.org/wiki/BMW_Indiahttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Daimler_AGhttp://en.wikipedia.org/wiki/Caparohttp://en.wikipedia.org/wiki/Mini_(marque)http://en.wikipedia.org/wiki/Datsunhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-9http://en.wikipedia.org/wiki/Gurgaonhttp://en.wikipedia.org/wiki/Manesarhttp://en.wikipedia.org/wiki/Haryanahttp://en.wikipedia.org/wiki/Maruti_Suzukihttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-10http://en.wikipedia.org/wiki/Chakan,_Maharashtrahttp://en.wikipedia.org/wiki/Punehttp://en.wikipedia.org/wiki/Maharashtrahttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Skoda_Auto_India_Private_Limitedhttp://en.wikipedia.org/wiki/Mahindra_and_Mahindrahttp://en.wikipedia.org/wiki/Mahindra_and_Mahindrahttp://en.wikipedia.org/wiki/Tata_Motorshttp://en.wikipedia.org/wiki/Mercedes-Benz_Indiahttp://en.wikipedia.org/wiki/Land_Roverhttp://en.wikipedia.org/wiki/Jaguarhttp://en.wikipedia.org/wiki/Fiat_Automobiles_India_Limitedhttp://en.wikipedia.org/wiki/Force_Motorshttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-11http://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-12http://en.wikipedia.org/wiki/Nashikhttp://en.wikipedia.org/wiki/Aurangabad,_Maharashtrahttp://en.wikipedia.org/wiki/Audi_Indiahttp://en.wikipedia.org/wiki/Skoda_Auto_India_Private_Limitedhttp://en.wikipedia.org/wiki/Volkswagen_Indiahttp://en.wikipedia.org/wiki/Gujarathttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/General_Motors_India_Private_Limitedhttp://en.wikipedia.org/wiki/Halolhttp://en.wikipedia.org/wiki/Tata_Nanohttp://en.wikipedia.org/wiki/Sanand_Plant_(Tata_Motors)http://en.wikipedia.org/wiki/Sanandhttp://en.wikipedia.org/wiki/Peugeot-Citroenhttp://en.wikipedia.org/wiki/Automotive_industry_in_India#cite_note-wsj-peugeot-13http://en.wikipedia.org/wiki/Kolkatahttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Hindustan_Motorshttp://en.wikipedia.org/wiki/Noidahttp://en.wikipedia.org/wiki/Honda_Siel_Cars_Indiahttp://en.wikipedia.org/wiki/Bangalorehttp://en.wikipedia.org/wiki/Toyota_Kirloskar_Motor_Private_Limited -
8/10/2019 project on automobile sector of india
14/17
of manufacturing has ranged from 25@ to =5@ of their F?%. /t is *nown that stagnation of manufacturing
as a proportion of F?% has adverse impact on emplo#ment generation. Therefore it is imperative toboost manufacturing given the huge anticipated increase in the wor*force over the ne't 15#ears.
!s observed b# the Cational anufacturing ,ompetitiveness ,ouncil in its national manufacturingstrateg# the challenges faced b# /ndian manufacturers raise important 3uestions for both /ndustr#
and Fovernment J....
this calls for Kbrea*throughE and bold thin*ing on the part of all sta*eholders. Bnl# bold aspirationscan enable /ndia benefit from emerging opportunities in the manufacturing sectorL.
6i'ure 82: 9ey factors
7abour %roductivit# cost
;Fcienc# factor
7abour Mle'ibilit#
,apital eF
cienc# N other production factors
ualit# anpower
-
8/10/2019 project on automobile sector of india
15/17
5esource !vailabilit#
/nfrastructure
aw aterials
;conomic %olicies 8 >tabilit#
!bilit# to attract
/nvestment
/ncentives
-
8/10/2019 project on automobile sector of india
16/17
?omestic N ;'ports
%ro'imit# to 6ar*ets
!uto clusters
Source: /a,> 7imited >tud# for >/! 8 !,!
(rescri$tions for Industry in t"e 3ational 1anufacturin' strate'y
The Cational anufacturing >trateg# has indicated that /ndustr# would not onl# need tothin* big in terms of scale but also need to:
/nvest in 8? and technolog#
ave a continuing commitment for s*ills development and education
enchmar* their performance against best in the industr#
!dopt best manufacturing practices and production techni3ues
?eliver on globall# acceptable 3ualit# levels
4emand creation brand buildin' and infrastructureinternational +usiness ;E/$orts