AUTOMOBILE INDUSTRY AND PERFORMANCE OF KEY PLAYERSJournal: Asian Journal of Technology & Management Reserach (Vol.1, No. 2)
Publication Date: 2011-12-01
Authors : Govind P. Shinde; Manisha Dubey;
Page : 11-28
Keywords : Automobiles; passenger vehicle; commercial vehicle; utility vehicles; multi-purpose and two;
The study represents the figures of Indian Automobile Industry during the period 2005to 2010. The study has been conducted considering the segments such as passenger vehicle, commercial vehicle, utility vehicles, multi-purpose, two wheelers and three wheelers. Each section concisely explains the current and future market trends, and developments in the Indian automobile market. The methodology used to find the trends and the market share of the Indian automobile industry. The research takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis. Despite economic slowdown, the Indian automobile sector has shown high growth. The economic sustainability and increasing living standards and purchasing powers of the Indian customer’s automobile sector has a bright coming future. The Industry is recording increasing growth rate in sales, but still there are loop holes in the automobiles industry and these needs to be considered by the auto mobile industry to overcome.
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