DOCSLIB.ORG

Commercial Vehicles Industry in India to Equip the Reader with a Detailed Overview of the Industry

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Commercial Vehicles Industry in India to Equip the Reader with a Detailed Overview of the Industry ABSTRACT An Analysis on commercial vehicles industry in India to equip the reader with a detailed overview of the industry COMMERCIAL VEHICLES GROUP 12 Contents Executive Summary ....................................................................................................................................... 2 Overview of the Industry .............................................................................................................................. 3 Growth over the years .............................................................................................................................. 3 Strong Correlation with GDP ..................................................................................................................... 3 Impact of Budget 2012-13 on Commercial Vehicles:.................................................................................... 5 Contribution to GDP : ................................................................................................................................ 5 Recent Mergers and Acquisitions In The Industry ........................................................................................ 6 Mahindra ................................................................................................................................................... 6 Implications ........................................................................................................................................... 6 Tata motors ............................................................................................................................................... 6 Why it acquired JLR? ............................................................................................................................. 6 Tata motors acquired 79% stake in Hispano Carrocera in 2009. .......................................................... 6 Ashok Leyland ........................................................................................................................................... 7 Penske ....................................................................................................................................................... 7 Ford ........................................................................................................................................................... 7 Analysts View of Companies/Industry .......................................................................................................... 7 Government regulations ........................................................................................................................... 8 Emission norms ..................................................................................................................................... 9 Age norms ............................................................................................................................................. 9 Weight norms ....................................................................................................................................... 9 Road Safety norms .............................................................................................................................. 10 Policy changes related to the industry, specially the impact of economic reforms ............................... 10 Driver of Growth ......................................................................................................................................... 11 The Hub and Spoke Model adoption ...................................................................................................... 11 Other structural factors that will push hub and spoke adoption ....................................................... 12 Main Players and Market Shares ................................................................................................................ 12 Key Personnel ......................................................................................................................................... 14 Tata Motors Ltd....................................................................................................................................... 14 Key developments ............................................................................................................................... 15 Ashok Leyland ......................................................................................................................................... 15 Key developments ............................................................................................................................... 15 Eicher Motors Ltd .................................................................................................................................... 16 Key developments ............................................................................................................................... 16 Mahindra & Mahindra ............................................................................................................................ 16 GROUP 12 1 Innovations ................................................................................................................................................. 17 Use of CNG, India .................................................................................................................................... 17 FDI ............................................................................................................................................................... 17 Overseas Opportunities for Indian Manufacturers ................................................................................. 17 Exports 17 Imports ................................................................................................................................................ 19 Competition from Foreign Firms ......................................................................................................... 20 References .................................................................................................................................................. 21 Executive Summary The Commercial Vehicles Industry continues to bear the brunt of its cyclical nature because of the pessimistic macroeconomic environment prevailing in and around India. After experiencing a growth of 30% during the financial years of 2009-10 & 2010-11, the commercial vehicles industry is again experiencing difficult times.[1] In 2011-12 the growth declined and came down to 18.2%. If this wasn’t a sign of slowdown, the industry slumped and the growth plummeted to negative territory accentuating the effects of weak macroeconomic environment & once again GROUP 12 2 substantiating its cyclical nature. The new commercial vehicles sales contracted by 2% in 2011- 12 .[2] Structure of this industry is very oligopolistic in nature. The domestic CV industry is relatively concentrated with the top three players accounting for 88 per cent (in volume terms) as of 2011-12. [3] The player which has dominated the CV industry so far is Tata Motors with more than half of the market share, which is followed by Mahindra & Mahindra with 18% and after that comes Ashok Leyland with a market share of around 10% which is very small compared to Tata Motors.[3] Technological Developments have led upgraded vehicles and increased competition with a number of foreign players forming joint venture with Indian companies. This Industry is vital to the growth of any country and is driven by it. The data of a number of countries displays a strong correlation between growth and commercial vehicles sales. The demand of commercial vehicles is very volatile when you look over the past decade. A majority of end users of commercial vehicles still come from unorganized sector and the competition in the industry is moderate due to a smaller number of players dominating a huge portion of market share. Overview of the Industry Growth over the years Commercial Vehicles Industry has grown consistently with a few exceptions over the past 12 years with a CAGR of 20%.[5] We have shown the growth in this table below, but it has not been adjusted to inflation. However it still provides a good enough picture to gauge the growth of the industry. Strong Correlation with GDP The periods in which industry experienced slumps were 2008-09 & 2012-13. However, these years were just the amplification of GDP fluctuations which tells us that this is a cyclical industry. Also, the two graphs below can be compared and you will find that CV sales are just amplification of GDP fluctuations. GROUP 12 3 Source : World Bank, facilitated by Google Interface : https://www.google.co.in/publicdata/explore?ds=d5bncppjof8f9_&met_y=ny_gdp_mktp_kd_zg&hl=en&dl=en&idim=country:I ND:USA:PAK#!ctype=l&strail=false&bcs=d&nselm=h&met_y=ny_gdp_mktp_kd_zg&scale_y=lin&ind_y=false&rdim=region&idim =country:IND&ifdim=region&tstart=1000146600000&tend=1347301800000&hl=en_US&dl=en&ind=false Source : Crisil https://www.crisilresearch.com/industryasync.jspx?serviceId=3&State=ECONOMY#storyId#17848#sectionId#3177#newsFeedId#undefined GROUP 12 4 Commercial vehicles: Aggregate demand supply trend (Annual) Year Production Domestic sales Exports Growth (Overall) 2001-02 162,371 146,469 11,870 2002-03 202,852 191,069 10,707 20% 2003-04 275,098 260,256 17,283 26% 2004-05 350,202 318,599 29,975 21% 2005-06 387,661 351,042
Load more

Recommended publications
  • IDC4 and IDC4 Pocket Update
    IDC4 and IDC4 POCKET update TRUCK 28.0 Dear Customer, thank you for installing the new version 28 of IDC4 TRUCK. This update introduces many new features regarding new diagnostic contents for new selectable vehicles, newly developed electronic systems (with the related adjustments and new technical information to support repairs) and new software functions in order to offer a working tool that is always reliable, modern and technological. Let’s find out all the new features! NEW DIAGNOSIS DEVELOPMENTS 1) MERCEDES: extraordinary effort was put into the development of the new model MPIV of this German manufacturer. The exceptional result of these efforts is the complete development of the vehicle with 35 different electronic systems, among which we would like to mention the possibility to diagnose: • Diesel injection • Tachograph • Ignition • Cabin control • Instrumentation • Transmission • Chassis management • Airbag • Service system • Power steering • Comfort • Air conditioning with a complete diagnostic level even for the control unit reprogramming for POWERTRAIN and CHASSIS systems. 2) VOLVO: new parameter reading optimisation functions, component activation Tests and Adjustment functions for all the systems potentially equipped on the vehicle. In particular, the Freeze Frame error reading in the Injection and EBS control units was developed. 3) MAN: the development of the error deletion function directly from the voice “Installed systems’ search”. 4) MITSUBISHI: the development of the complete Euro 5 injection system along with the regeneration adjustments of the particulate filter and the service reset for the vehicle Canter. 5) IVECO: the development of the diagnosis of all the new systems of the new model Daily ‘12, among which we would like to highlight: ABS, EDC 17 INJECTION (injector classification, particulate filter regeneration), AIRBAG, BODY, A/C, SUSPENSIONS (level calibration, lowering/lifting test), INSTRUMENTATION (in particular: service reset).
    [Show full text]
  • Hybrid and Electric Vehicles the ELECTRIC DRIVE PLUGS IN
    Hybrid and Electric Vehicles THE ELECTRIC DRIVE PLUGS IN June 2011 www.ieahev.org International Energy Agency Implementing Agreement for co-operation on Hybrid and Electric Vehicle Technologies and Programmes Hybrid and Electric Vehicles The Electric Drive Plugs In June 2011 The IA-HEV, also known as the Implementing Agreement for co-operation on Hybrid and Electric Vehicle Technologies and Programmes, functions within a framework created by the International Energy Agency (IEA). Views, findings and publications of IA-HEV do not necessarily represent the views or policies of the IEA Secretariat or of all its individual member countries. Cover Photo: 2011 Nissan Leaf SL 4dr Hatchback The electric drive plugs in. Cover designer: Kizita Awuakye, New West Technologies, LLC ii www.ieahev.org International Energy Agency Implementing Agreement for co-operation on Hybrid and Electric Vehicle Technologies and Programmes Annual report of the Executive Committee and Task 1 over the year 2010 Hybrid and Electric Vehicles The Electric Drive Plugs In Concept and editing: Kristin Abkemeier (Operating Agent Task 1, New West Technologies, LLC) Co-editing: Alison Mize (New West Technologies, LLC), Richard Todaro (New West Technologies), and Martijn van Walwijk (IA-HEV secretary-general) Design and layout: Kizita Awuakye (New West Technologies, LLC) Contributing authors: Kristin Abkemeier New West Technologies, LLC USA Dick Appels Agentschap NL The Netherlands James Barnes DOE USA David Beeton Urban Foresight United Kingdom Carol Burelle NRCan Canada Mario Conte ENEA Italy Isobel Davidson NRC Canada Jørgen Horstmann Consultant Denmark Christina Ianniciello BC Ministry of Energy and Mines Canada Ulf Jonson Swedish Energy Agency Sweden Sigrid Kleindienst Solarcenter Muntwyler AG Switzerland B.J.
    [Show full text]
  • Adressverzeichnis
    ADRESSVERZEICHNIS ANHÄNGER & AUFBAUTEN . .Seite 11–13 BUSSE. .Seite 13–16 LKW und TRANSPORTER . .Seite 16–19 SPEZIALFAHRZEUGE . .Seite 19–22 ANHÄNGER & Aebi Schmidt ALF Fahrzeugbau Andreoli Rimorchi S.r.l. Deutschland GmbH GmbH & Co.KG Via dell‘industria 17 AUFBAUTEN Albtalstraße 36 Gewerbehof 12 37060, Buttapietra (Verona) 79837 St. Blasien 59368 Werne ITALIEN Acerbi Veicoli Industriali S.p.A. Tel. +49.7672-412-0 Tel. +49.2389 98 48-0 Tel. +39 045 666 02 44 Strada per Pontecurone, 7 www.aebi-schmidt.com www.alf-fahrzeugbau.de www.andreoli-ribaltabili.it 15053 Castelnuovo Scrivia (AL) ITALIEN Agados spol. s.r.o. ALHU Fahrzeugtechnik GmbH Andres www.acerbi.it Rumyslová 2081 Borstelweg 22 Hermann Andres AG 59401 Velké Mezirici 25436 Tornesch Industriering 42 Achleitner Fahrzeugbau TSCHECHIEN Tel. +49.4122 - 90 67 00 3250 Lyss Innsbrucker Straße 94 Tel. +420 566 653 311 www.alhu.de SCHWEIZ 6300 Wörgl www.agados.cz Tel. +41 32 387 31 61 Asch- ÖSTERREICH AL-KO www.andres-lyss.ch wege & Tönjes Aucar- Tel. +43 5332-7811-0 Agados Anhänger Handels Alois Kober GmbH Zur Schlagge 17 Trailer SL www.achleitner.com GmbH Ichenhauser Str. 14 Annaburger Nutzfahrzeuge 49681 Garrel Pintor Pau Roig 41 2-3 Schwedter Str. 20a 89359 Kötz GmbH Tel. +49.4474-8900-0 08330 Premià de mar, Barcelona Ackermann Aufbauten & 16287 Schöneberg Tel. +49.8221-97-449 Torgauer Straße 2 www.aschwege-toenjes.de SPANIEN Fahrzeugvertrieb GmbH Tel. +49.33335 42811 www.al-ko.de 06925 Annaburg Tel. +34 93 752 42 82 Am Wallersteig 4 www.agados.de Tel. +49.35385-709-0 ASM – Equipamentos www.aucartrailer.com 87700 Memmingen-Steinheim Altinordu Trailer www.annaburger.de de Transporte, S Tel.
    [Show full text]
  • Study Paper “Financial Ratio Analysis of Tata Motors”
    FINAL YEAR BBA (H) STUDY PAPER “FINANCIAL RATIO ANALYSIS OF TATA MOTORS” SUBMITTED BY:- NAME: RAHUL ROY, RAJDIP ROY, SOHINI DATTA , SABARNI DATTA STREAM:-BBA (H) YEAR:-3rd (THIRD) SEMESTER :- 6th (SIXTH) ROLL NO.s:-15405015026, 15405015030, 15405015048,15404015036 SESSION :- 2015-2018 COLLEGE:- DINABANDHU ANDREWS INSTITUTE OF TECHNOLOGY AND MANAGEMENT UNIVERSITY:- MAULANA ABUL KALAM AZAD UNIVERSITY OF TECHNOLOGY, WEST BENGAL ACKNOWLEDGEMENT The satisfaction and euphoria that accompanies the successful completion of any task would be incomplete without mentioning the names of the people who made it possible, whose constant guidance and encouragement crown all the efforts with success. We are deeply indebted to all people who have guided, inspired and helped us in the successful completion of this project. We owe a debt of gratitude to all of them, who were so generous with their time and expertise. I am highly intended and extremely thankful to MR. ABHIJIT PAL who as our external guide was a constant source of inspiration and encouragement to us. The strong interest evinced by him has helped us in dealing with the problem; we faced during the course of project work. We express our profound sense of gratitude to him for timely help and co-operation in completing the project. Also we would like to thanks MR. ABHIJIT PAL for his continuous guidance and support. INDEX SL. NO. TOPIC 1 CHAPTER-1 EXECUTIVE SUMMARY COMPANY PROFILE ABOUT TATA MOTORS HISTORY OPERATIONS JOINT VENTURES NEED OF STUDIES OBJECTIVES OF STUDY 2 CHAPTER-2 INTRODUCTION TO
    [Show full text]
  • Butaca Irizar PB
    Catálogo general de componentes y recambios de autobuses y autocares 2014 · 2015 ÍNDICE 01 · Iluminación 2 02 · Embellecedores 35 03 · Carrocería 44 04 · Interiores 70 05 · Espejos 116 06 · Audio, vídeo y eléctrico 141 07 · Climatización 178 08 · Puertas y neumática 197 ILUMINACIÓN Faros individuales Faros microbús Faros de niebla DRL Cristales Reflectores Pilotos intermitentes Pilotos de baliza Pilotos de gálibo 3ª luz de stop Pilotos modulares Pilotos específicos Pilotos microbús Tulipas Portalámparas Pilotos de matrícula Catadriópticos ILUMINACIÓN · FAROS INDIVIDUALES Faro xenón 24 V. Beulas Stergo, Eurostar y Neoplan Starliner I. Faro. Ref. 1100700001 Cruce DE-H1 con soporte y regulador. Ref. 1100700004 Largas DE-H1 con soporte. Ref. 1100700005 Niebla.DE-H1 con soporte. Ref. 1100700006 Capuchón. Ref. 1000700007 Faro cruce H1. Equipan: Ovi, Sunsundegui, Castrosua, Ayats, Beulas, Faro largas H1. Equipan: Ovi, Sunsundegui, Castrosua, Ayats, Beulas, Irizar, Andecar, Ferqui, Ugarte y Caetano. Irizar, Andecar, Ferqui, Ugarte y Caetano. Ref. 1101200002 Ref. 1101200008 C/soporte. Ref. 1101200003 C/soporte. Ref. 1101200009 C/posición. Ref. 1101200010 C/posición y soporte. Ref. 1101200011 Faro largas H1. Equipan: Ovi, Sunsundegui, Castrosua, Ayats, Beulas, Faro universal largas y posición. Equipa Sunsundegui y Noge. Irizar, Andecar, Ferqui, Ugarte y Caetano. Ref. 1101201233 Ref. 1101200012 C/soporte. Ref. 1101200013 Faro cruce 50 mm. Equipa Tata Hispano Divo, Carsa Master 36 Beulas Faro largas Equipa Tata Hispano Divo, Carsa Master 36 Beulas Glory Glory y Jewel. y Jewel. Xenón. Ref. 1100700024 Xenón. Ref. 1100700025 H7. Ref. 1100700026 H7. Ref. 1100700942 3 ILUMINACIÓN · FAROS INDIVIDUALES Faro cruce. Equipan: Ayats, Barbi, Beulas, Bova, Caetano, Carsa, Faro largas. Equipan: Ayats, Barbi, Beulas, Bova, Caetano, Carsa, Castrosua, Ferqui, Jonckheere, Marcopolo, Noge, Neoplan, Obradors, Castrosua, Ferqui, Jonckheere, Marcopolo, Noge, Neoplan, Obradors, Sunsundegui, Unvi, Tata Hispano, Temsa, Vanhool.
    [Show full text]
  • Market Potential for the Use of LNG & L-CNG in Road Transport
    Market potential for the use of LNG & L-CNG in road transport UN ECE Round Table of Use of Gas in Transport 21st Annual Session Geneva, 18-19 January, 2011 Manuel Lage, Dr. Eng. General Manager Rotterdam, December 2010 1 Advantages of bio natural gas • Natural gas is an alternative fuel coming from natural wells. It is mainly methane (CH4) • Biogas is also a methane rich gas, produced by the fermentation of the biomass, it is then a renewable fuel. • Methane contents 25% H and 75% C, in weight As a comparison, • Petrol contents 13,5% H and 86,5% C • Diesel oil contents 13,5% H and 86,5% C • LPG contents 17,4% H and 82,6% C Due to its molecular advantage, regulated exhaust emissions and CO2 are particularly favourable in the engines running on natural gas. Rotterdam, December 2010 2 CNG. Other Emissions Comparison Emissions IVECO CURSOR 8 CNG engine vs present and future Euro limits (Source: IVECO) 6,00 5,45 5,00 EURO 3 (2001) 5,00 EURO 4 (2006) EURO 5 (2009) 4,00 4,00 E.E.V. 4,00 IVECO 3,50 3,00 3,00 2,00 Emission (Gr), g/kWh (Gr), Emission 2,00 2,00 1,55 1,60 1,10 1,10 1,00 0,78 0,65 0,500,50 0,53 0,40 0,16 0,03 0,01 0,008 0,03 0,02 0,0022 0,00 CO NMHC CH4 NOX PT Exhaust pollutants Rotterdam, December 2010 3 Noise emitted by the truck 1 Vehicle #1: IVECO 240E25 6x2 RSU Vehicle #2: IVECO 240E26 6x2 RSU CNG (EEV) Refuse collection chassis cab with body Vehicles laden and compacting Vehicles stationary 6 2 Vehicle #1 Vehicle #2 dB(A) 76 74 72 Ave 7.0 m 70 5 3 71 dB(A) 68 66 Ave 66 dB(A) 64 Microphone height = 1.5 m 62 60 4 123456(position) Rotterdam, December 2010 4 Madrid CNG refuse collection fleet Total fleet in 2006: 445 Iveco CNG trucks Yearly gas consumption: 10.500.000 Nm3 Reduction of yearly emissions, referred to a Diesel Euro 3: NOx 132.391 kg CO + HC + PM 703.000 kg CO2 2.069.440 kg 5 CNG urban buses Mercedes Citaro CNG 250 HP.
    [Show full text]
  • No. Regist Name Built Year O Year O Scrapp Other
    No. Regist Name Built Year O Year O Scrapp Other SRC 93JS Setra S215 HD 1988 1988 2005 2015 02.01.1989 09.03.2015 WI 5031M Scania K113CLC / Irizar Century 1991 ? 2008 7.01.1991 pierwsza rej. 24.04.2008 WPN 41XT 16.03.2010 WI 5031M 228 ELW 84UF Scania K113CLB / Irizar Century 12.341992 1992 2008 16.03.1992 pierwsza rej. 6.10.2008 ELW 84UF 17.05.2013 zgłoszenie sprzedaży CTR 1N69 Scania K113CLC / Irizar Century 1992 1992 2009 11.06.1992 pierwsza rej. 5.05.2009 CTR 1N69 29.03.2017 zgłoszenie sprzedaży KLI 17219 Scania K113CLC / Irizar Century 1992 ? 2009 2016 29.07.1992 pierwsza rej. 6.07.2009 KLI 17219 14.07.2016 demontaż na wniosek 676 KDA 16NS Setra S215 H 1992 1992 2010 18.08.1992 NLI 22NR Scania K113CLA / Irizar Century 12.351995 ? 2012 Pierwsza rejestracja: 27.09.1995 152 KDA 17JP Iveco TurboDaily 59-12 / UNVI Xeito I 1996 1996 2008 2020 08.04.1996 28.04.2020 1034 KNS 5411A MAN 11.220 HOCL / Noge Touring Midi1997 1997 2013 Data pierwszej rejestracji: 11.08.1997 2013 - P 2108 BCL (E) - tymczasowe 4.04.2014 - RTA 23511 17.07.2015 - KNS 5411A 23.09.2019 - KLI 83255 1042 MGR-621 Scania K94IB / Irizar Century II 12.35 1999 ? 2012 1041 MCN-471 Scania K94IB / Irizar InterCentury II 12.321999 ? 2012 1046 1477 GBK Scania K124EB / Irizar Century II 12.352000 2008 2011 336 4920 BHK Noge Touring 2001 2001 518 4545 BRD Mercedes-Benz O530 2001 2001 334 4921 BHK Noge Touring I/II 2001 2001 651 7765 BRN Setra S315 GT-HD 2001 2001 300 MCN-361 Scania K124EB / Irizar PB 12.35 2002 2002 2012 1760 7885 CNG Scania K124EB / Irizar PB 12.35 2003 ? ? 1402
    [Show full text]
  • Transports De Barcelona, S.A
    URBAN QUALITY AIR PUBLIC TRANSPORT in BARCELONA CITY: TMB USE CASE Valencia, February 2016 URBAN QUALITY AIR PUBLIC TRANSPORT in BARCELONA CITY: TMB USE CASE VALENCIA Francisco González Balmas Technical Director [email protected] Josep Ma Armengol Engineering and new development Director [email protected] 2 INDEX 1.- Some data about the mobility in Barcelona 2.- Fleet Characteristics. 3.- How one bus operator become eficient and sustainable?? - New Network. - Installation of Filters. - Tranformation of Diesel and GNC buses in hybrid. 4.- Electrics buses? 3 Barcelona CITY • Surface: 100,4 km2 • Inhabitants: 1.615.908 4 BARCELONA METROPOLITAN AREA (AMB) • Number of boroughs: 18 • Surface area: 333,4 km2 • Population: 2.819.867 (Data 2008, Font: Idescat) 5 MOBILITY IN TMB AREA OF INFLUENCE 6 DISTRIBUTION OF PUBLIC TRANSPORT BY OPERATOR 7 TMB and mobility in Barcelona Daily trips in the area of influence of TMB •Non-motoritzed •Private Transport (38,2%) (27,6%) •2,81 millions •2,03 millions •7,35 Área de influencia de TMB milions TMB makes 41,4% motoriizes daily trips. Public transport share: 74,8% •Public Transport (Non-TMB share 8,6%) •Public Transport Metro: 1,25 million trips •0,63 millions (with TMB) 25,6% Bus: 0,72 millions daily trips •1,8 millions Font: Enquesta de mobilitat i transport (EMIT-2007) de TMB 8 ENERGY and EMISSIONS IN Barcelona (AMB) ENERGY CONSUMPTION IN TRIPS TRANSPORT PUBLIC IS NOT PART OF THE PROBLEM, BUT PART OF THE SOLUTION, •Public transport (Bus and rail) Energy used in transport: represent 3% of global Only 9% is for public greenhouse-gas emissions.
    [Show full text]
  • CHAPTER 1 the Indian Automotive Industry: Enhancing Innovation Capability with External and Internal Resources
    Chapter 1 The Indian Automotive Industry: Enhancing Innovation Capability with External and Internal Resources Sunil Mani Centre for Development Studies, Trivandrum, Kerala, India June 2011 This chapter should be cited as Mani, S. (2011), ‘The Indian Automotive Industry: Enhancing Innovation Capability with External and Internal Resources’, in Intarakumnerd, P. (ed.), How to Enhance Innovation Capability with Internal and External Sources. ERIA Research Project Report 2010-9, pp.1-39. Jakarta: ERIA. CHAPTER 1 The Indian Automotive Industry: Enhancing Innovation Capability with External and Internal Resources SUNIL MANI Centre for Development Studies, Trivandrum, Kerala, India India’s automobile market is one of the fastest growing auto markets in the world. It is one of those manufacturing industries which have grown significantly since the liberalization of India’s economy which began in a haphazard fashion way back in the 1980s. The industry is also known for many innovations. The paper undertakes a detailed survey of the differential performance of domestic and MNCs within the industry with respect to innovations. It then analyses the sources of these innovations in terms of internal and external sources. The resulting analysis shows that while the domestic firms have relied on internal sources, the MNCs have relied far more heavily on external sources. The study also contains case studies of seven of the leading domestic firms. 1 1. Introduction India’s automotive industry is one of the successful cases of India’s economic liberalization strategy set into motion since 1991. The industry which was dominated by a few domestic manufacturers was hardly known for any innovations before 1991, but is now one of the fastest growing manufacturing industries not just in India but globally as well.
    [Show full text]
  • Company Profile
    Company profile: Tata Motors Limited is India's largest automobile company, with consolidated revenues of INR 1,23,133 crores (USD 27 billion) in 2010-11. It is the leader in commercial vehicles in each segment, and among the top three in passenger vehicles with winning products in the compact, midsize car and utility vehicle segments. It is the world's fourth largest truck and bus manufacturer. The company's over 25,000 employees are guided by the vision to be ''best in the manner in which we operate, best in the products we deliver, and best in our value system and ethics.'' Established in 1945, Tata Motors' presence indeed cuts across the length and breadth of India. Over 6.5 million Tata vehicles ply on Indian roads, since the first rolled out in 1954. The company's manufacturing base in India is spread across Jamshedpur (Jharkhand), Pune (Maharashtra), Lucknow (Uttar Pradesh), Pantnagar (Uttarakhand), Sanand (Gujarat) and Dharwad (Karnataka). Following a strategic alliance with Fiat in 2005, it has set up an industrial joint venture with Fiat Group Automobiles at Ranjangaon (Maharashtra) to produce both Fiat and Tata cars and Fiat powertrains. The company's dealership, sales, services and spare parts network comprises over 3,500 touch points; Tata Motors also distributes and markets Fiat branded cars in India. Tata Motors, the first company from India's engineering sector to be listed in the New York Stock Exchange (September 2004), has also emerged as an international automobile company. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, Spain and South Africa.
    [Show full text]
  • Project Report on ³BUSINESS STRATEGIES of TATA Motors´
    PGDM(A)--Group 8 Project Report On ³BUSINESS STRATEGIES OF TATA Motors´ Submitted To: Submitted By: Prof. Vikram Parekh Mohammad Shayzi-(40) (Prof. Business Strategy) Dinbandhu Sabat-(60) Kaustubh Patwardhan-(121) Faisal Kadri-(123) Kavita Jayaraman-(124) 1 | P a g e PGDM(A)--Group 8 Acknowledgement These days most newspapers carry details of new multinational companies by various companies in the current market scenario where there is a cut throat competition. In order to retain the market share or capture new markets the companies competes in all possible ways be it in the terms of innovation, new product development, coping with the external as well as the internal environment and so on. Also in most of the cases, the Merger or Acquisition is a strategic move to improve the companies¶ financial standing. It has been a great pleasure in preparing this project report on ³ TATA Motors´. The whole experience was a rewarding one, especially in terms of knowledge and information. This project would not have materialized without the help and guidance Prof. Oberoi for giving us this opportunity to work on this project. Table of Contents 2 | P a g e PGDM(A)--Group 8 Introduction...............................................................................4 Facts and Figures......................................................................10 Milestone Achieved................................................................... 16 Levels of strategies....................................................................20 PESTEL Analysis....................................................................
    [Show full text]
  • Tata Motors Group Global Wholesales at 77,575 in May 2014
    Tata Motors Group global wholesales at 77,575 in May 2014 Mumbai, June 12, 2014: The Tata Motors Group global wholesales in May 2014, including Jaguar Land Rover, were 77,575 nos. Cumulative wholesales for the fiscal were 152,601 nos. Global wholesales of all commercial vehicles – Tata, Tata Daewoo and the Tata Hispano Carrocera range -- were 29,161 nos. Cumulative commercial vehicles wholesales for the fiscal were 56,215 nos. Global wholesales of all passenger vehicles in May 2014 were 48,414 nos. Cumulative passenger vehicles wholesales for the fiscal were 96,386 nos. Global wholesales of Tata passenger vehicles in May 2014 were 9,416 nos. Cumulative wholesales for the fiscal were 17,251 nos. Global wholesales for Jaguar Land Rover were 38,998 vehicles. Jaguar wholesales for the month were 6,848 vehicles and cumulative wholesales were 12,552 vehicles, while Land Rover wholesales for the month were 32,150 vehicles and cumulative wholesales were 66,583 vehicles. Cumulative wholesales for Jaguar Land Rover for the fiscal were 79,135 vehicles. About Tata Motors Tata Motors is India's largest automobile company, with consolidated revenues of Rs. 1, 88,818 crores ($ 34.7 billion) in 2012-13. Through subsidiaries and associate companies, Tata Motors has operations in the UK, South Korea, Thailand, South Africa and Indonesia. Among them is Jaguar Land Rover, the business comprising the two iconic British brands. It also has an industrial joint venture with Fiat in India. With over 8 million Tata vehicles plying in India, Tata Motors is the country’s market leader in commercial vehicles and among the top in passenger vehicles.
    [Show full text]