TERM PAPER ON PESTLE ANALYSIS OF AUTOMOBILE SECTOR OF INDIA ACKNOWLEDGEMENT I would like to confer my heartiest thanks to my coordinator of Business Environment and class teacher Miss Impreet Kaur for giving me the opportunity to expel and work in the field of Environmental Analysis, especially its practical applications. While preparing my project I got to have an in depth knowledge of practical applications of the theoretical concepts and definitely the things which I have learned
benefits and costs from the alliance for each company. India The fiat Group’s association with the Indian automobile market began in 1905 when it appointed Bombay Motor Cars Agency as the sales agent for its cars in India. In the 1950s, the Fiat Group entered into a
Environmental Sustainability through Green Supply Chain Practices: A Study on Indian Automobile Sector Saad Bin Azhar Research Scholar, Department of Business Administration Aligarh Muslim University saadbinazhar88@gmail.com ABSTRACT: Purpose – This paper highlights the role of green management practices in the development of environmentally responsive supply chains. The
To analyze and deal with environmental factors, we can use PESTEL framework, and Porters Five Force analysis. World wide automobile company like Toyota depend on vehicle prices, per capita disposable income, fuel prices and product innovation. For supplier, vehicle prices stem from material and equipment costs, with higher steel and plastic prices raising manufacturers' purchasing
to raising prices in automobile sector which again hurts the profitability and demand for automobile in the domestic market. As the prices of auto components increase, the prices of automobiles increase. This has a negative impact on the demand of automobiles. Global oil prices crash: Recent oil price crisis is in a way green signal for Indian automobile industry as industry’s demand is greatly dependent on fuel prices if fuel prices comes down it’s a joy ride for automobile industry and vice versa
Communicating Bad News Bad news has come from companies in different forms over the years, employee layoffs, unexpected financial outcomes, crises both internal and external, and natural disasters to name a few (French, S. L., & Holden, T. Q., 2012). For Toyota it came in 2010, with 4,872,583 vehicles recalled, accounting for 29.7% of all vehicles recalled that year (Mezey, A., Hamilton, S., Kuwahara, K., & Sandlin, C., 2013). The failure on the company’s part was in how the recalls were handled
INDUSTRY ANALYSIS Today the automobile sector in India contributes 5% to the nation’s GDP, making it a prominent player in the economy. It will contribute around 19% of the Tax collection for financial year 2009-10. Following have been the features of Auto industry in the past financial year. The following tables and charts consist of the performance of Auto industry in past few years. Industry Aggregate (Rs in million) | | AMJ 10 (E) | Net Sales | 363904.38 | Change (%) | 39% | EBITDA |
INTRODUCTION In the modern society brands not only signify the product or company but also have a strong relationship with perceived quality, consumers’ life style, social class, taste etc. The motivation behind this study is to frame a more profound thought of what impact a brand name can have, when individuals go for buying, pick the items between various brands, particularly private vehicle like car. Furthermore, this concentrate additionally tries to investigate the connection between various
CHAPTER I INTRODUCTION This part incorporate the profile of Indian Automobile industry and Theoretical background of the study PROFLE OF INDIAN AUTOMOBILE INDUSTRY India is a standout amongst the most huge developing auto markets on the planet today. Driving Automobile Ltd. Hindustan Motors (HM), which began as a producer of auto segments graduated to fabricate autos in 1949. Because of the License Raj which restricted outside contenders to enter the Indian auto market, Indian streets were ruled
quality and effectiveness. With our assorted group, we will give capable stewardship to our group and condition while accomplishing dependability and security presently and for who and what is to come. Goals Modernization of the Indian Automobile Industry. Developing autos speedier and offering them for less. Production of fuel-effective vehicles to preserve rare assets. Production of extensive number of engine vehicles