DOCSLIB.ORG

Auto Components

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Auto Components AUTO COMPONENTS JUNE 2017 (As of 16 June 2017) For updated information, please visit www.ibef.org 1 AUTO COMPONENTS ❖ Executive Summary…………………….…… 3 ❖ Advantage India………………………...…... 4 ❖ Market Overview and Trends………..….…. 6 ❖ Porter Five Forces Analysis….…………….14 ❖ Strategies Adopted………………….………16 ❖ Growth Drivers………….………………….. 18 ❖ Opportunities………………………………..31 ❖ Success Stories ………………………..…. 37 ❖ Useful Information………………………….42 JUNE 2017 For updated information, please visit www.ibef.org 2 AUTO COMPONENTS EXECUTIVE SUMMARY Robust growth in Auto • Turnover of the Indian auto component sector stood at USD39 billion in FY15-16; the industry is component expected to reach USD115 billion by FY20-21 • The growth of global OEM sourcing from India & the increased indigenisation of global OEMs is Rising Indigenisation turning the country into a preferable designing and manufacturing base rd Growing automobile • The Indian automobile market is estimated to become the 3 largest in the world by 2016 & will account for more than 5 per cent of the global vehicle sales; India is expected to become the 4th industry largest automobiles producer globally by 2020 after China, US & Japan Demographic advantage • The total working population (between ages 15–64) in India was around 825 million in 2015; it is expected to increase to nearly 900 million by 2030 • The middle class population in India will increase from 160 million people (over 50 per cent of the Expanding middle class total US population) in 2011 to 267 million by 2016, equivalent to more than 3 times the population of Germany, the largest economy in Europe Among top steel • In 2016, India overtook Japan to become the 2nd largest producer of steel in the world & among the producers lowest-cost ones as well. Source: ACMA, Make in India, TechSci Research Note: OEM: Original Equipment Manufacturer JUNE 2017 For updated information, please visit www.ibef.org 3 AUTO COMPONENTS ADVANTAGE INDIA AUTO COMPONENTS ADVANTAGE INDIA Robust demand FY16 Growing demand Export opportunities FY21E • Growing working population & expanding Market middle class are expected to remain key • India is emerging as global hub for auto Market size: demand drivers component sourcing size: USD39 • India is set to break into the league of top 5 • Relative to competitors, India is USD115 billion vehicle producing nations geographically closer to key automotive billion • Reduction in excise duties in motor vehicles markets like the Middle East & Europe sector to spur the demand for auto components Advantage Competitive advantages India Policy support • Continued policy support in the form of Auto • A cost-effective manufacturing base keeps costs lower by 10-25 per cent Policy 2002 In September 2015, Automotive relative to operations in Europe & Latin Mission Plan 2016-26 was unveiled which America targets a fourfold growth for the sector • Strong support for R&D & product • Presence of a large pool of skilled & semi-skilled workforce amidst a strong development by establishing NATRiP educational system centers • 100 per cent FDI allowed under automatic • 3rd largest steel producer globally hence a cost advantage route for auto component sector Notes: NATRiP - National Automotive Testing and R&D Infrastructure Project; FY - Indian Financial Year (April to March); FY21E – Estimated figure for the financial year 2021; Estimates are from Automotive Component Manufacturers Association of India (ACMA); R&D – Research and Development JUNE 2017 For updated information, please visit www.ibef.org 5 AUTO COMPONENTS MARKET OVERVIEW AND TRENDS AUTO COMPONENTS THE AUTO COMPONENTS MARKET IS SPLIT INTO SIX PRODUCT SEGMENTS Auto Components Drive Suspension & Engine Parts Transmission & Body & Chassis Equipments Electrical Parts Braking Parts Others Steering Parts Brake & Sheet Pistons & Starter Gears brake metal piston rings Headlights motors assemblies parts Engine valves Wheels Brake Halogen Spark plugs Hydraulic & parts linings bulbs pneumatic instruments Fuel-injection Electric Steering Shock systems & Wiper Ignition systems absorbers carburettors motors Systems (EIS) Fan belts Cooling Dashboard Flywheel systems & Axles Leaf springs instruments magnetos parts Pressure die Power train Other panel Other castings Clutches components instruments equipment Source: ACMA, TechSci Research JUNE 2017 For updated information, please visit www.ibef.org 7 AUTO COMPONENTS ORGANISED SECTOR DOMINATES PRODUCTION DESPITE LARGE NUMBER OF UNORGANISED PLAYERS The number of manufacturing units in the unorganised sector are far higher than those in the organised one Although lesser in number, the organised sector accounts for 85 per cent of total industry turnover (FY15) India auto component aftermarket is expected to grow at 10.5 per cent to touch US$13 billion by 2019-20, as compared to US$8.4 billion in 2016-17. Number of players: Turnover breakup: organised vs. unorganised (FY15) organised vs. unorganised (FY15) 10000 15% Organised Unorganised 700 85% Organized Unorganized Source: ACMA, TechSci Research Source: ACMA, TechSci Research JUNE 2017 For updated information, please visit www.ibef.org 8 AUTO COMPONENTS PRODUCTION BREAKUP ‘Engine parts’ accounts for 31 per cent of the entire product Production volumes by product range (FY16) range of the auto components sector followed by ‘drive transmission & steering parts’ (19 per cent) Engine Parts ‘2 wheelers’ is the largest domestic customer segment for the 7% Drive Transmission auto components industry 9% and Steering Parts 31% Original Equipment Manufacturers (OEMs) dominate production Body and Chassis volumes by market range; encouragingly, exports account for a 10% round 28 per cent. Suspension and Braking Parts 12% Equipments Domestic market share by segment Electrical Parts 19% (FY17) 12% 3.20% 3.09% Others 14.98% Source: ACMA, TechSci Research Two Wheelers Passenger Vehicle Commercial Vehicle Three Wheelers 78.73% JUNE 2017 For updated information, please visit www.ibef.org 9 AUTO COMPONENTS THE AUTO COMPONENTS SECTOR HAS RECORDED ROBUST GROWTH OVER THE YEARS Revenues have risen from USD26.5 billion in FY08 to Aggregate turnover* (USD billion) USD39 billion in FY16 at a CAGR of 4.95 per cent during FY08-16. The market size for auto component sector increased by 8.8 per cent reaching to USD39 billion in FY16 from CAGR: 4.95% USD38.5 billion in FY15. 41.3 42.2 As per Automobile Component Manufacturers 39.7 38.5 39 Association (ACMA) forecasts, automobile component 35.1 30.8 exports from India are expected to reach US$70-billion 26.5 by 2026 from US$10.8-billion in FY15-16. The Indian 24.1 auto component industry aims to achieve US$200 billion in revenues by 2026. FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 Source: ACMA, TechSci Research Notes: CAGR – Compound Annual Growth Rate, *Turnover data covers supplies to OEMs , aftermarket sales and exports JUNE 2017 For updated information, please visit www.ibef.org 10 AUTO COMPONENTS INVESTMENTS HAVE BEEN RISING AT A FAST PACE Investments in the auto components sector reached Investments in the auto component sector USD0.5 billion in FY16 in comparison with USD0.4 (USD billion) billion in FY15. Capital investments into the auto component sector 2.3 have seen a downward trend despite of its improved market conditions mainly because of the moderations 1.8 1.8 made in the vehicle sales & depressed market 1.7 sentiments. 1.5 With the launch of “Make in India” initiative, the government is expected to vitalise a substantial 1 investment in the auto component sector. 0.7 0.7 0.5 CEAT Ltd. is planning to invest around USD413.50 0.4 million to expand its tire production during 2017-22. The company plans to reach at a production level of 0.1 17 million 2 wheeler tires, annually, 1 million Truck & Bus Radial (TBR) tires & 6 million passenger car radial FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 tires, annually. Source: ACMA, TechSci Research Auto component sector is expected to invest around US$4.5 billion for upgradation of products & keeping up with the new industry regulations. JUNE 2017 For updated information, please visit www.ibef.org 11 AUTO COMPONENTS EXPORTS HAVE AIDED OVERALL GROWTH IN THE SECTOR India’s exports of auto components increased at a CAGR of 11.31 per cent, during FY09-FY16, with the value of auto component exports increasing from USD5.1 billion in FY09 to USD10.8 billion in FY16. Europe accounted for a volume share of 36 per cent during FY16 in Indian auto component exports followed by Asia & North America with 25 per cent each in same year. Value of auto component exports Shares in export volumes by geography (USD billion) (FY16) 3% 1% 4% Europe 11.2 10.8 10.2 6% 9.7 Asia 8.8 36% North America 6.6 25% 5.1 Africa 4.2 South America Central America FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 New Zealand & Australia 25% Source: ACMA, TechSci Research JUNE 2017 For updated information, please visit www.ibef.org 12 AUTO COMPONENTS NOTABLE TRENDS IN THE INDIAN AUTO COMPONENTS SECTOR • Major global OEMs have made India a component sourcing hub for their global operations • India is also emerging as a sourcing hub for engine components, with OEMs increasingly setting up Global components engine manufacturing units in the country sourcing hub • For companies like Ford, Fiat, Suzuki & General Motors, India has established itself as a global hub for small engines • Increased investments in R&D operations & laboratories, which are being set up to conduct activities such as analysis, simulation & engineering animations Improving product-
Load more

Recommended publications
  • TWO WHEELERS : MOTOR CYCLES M/S Royal Enfield Motors Ltd M/S Bajaj Auto Ltd M/S Honda Motorcycle & Scooter India Pvt. Ltd M
    TWO WHEELERS : MOTOR CYCLES M/s Royal Enfield Motors Ltd Sl No. Index No. Nomenclature 1 63022-E Motor Cycle 350cc STD (12 Volt) Bullet Electra 2 63107-X Bullet Classic 500 3 64003-P Classic 500 Desert Strom 499cc 4 64004-H Thunderbird UCE 350cc 5 64005-I Classic 350cc 346 6 64006-S Bullet Electra UCE 346cc M/s Bajaj Auto Ltd Sl No. Index No. Nomenclature 1 63024-P Motor Cycle Bajaj Pulsar DTSi (150cc Electric Start) 2 63029-K Motor Cycle Bajaj Discover DTS-Si (Electric Start) 3 63030-X Motor Cycle Bajaj Discover 150 cc (Electric Start) 4 63032-D Bajaj Platina Motor Cycle DZ-02 (100cc) Alloy Wheel 5 63174-A Bajaj Platina 125 (With Electric Start) 6 63175-D Bajaj Discover 125 Drum Brake (Electric Start) 7 63176-E Bajaj Pulsar 135 LS (With Electric Start) 8 63177-L Bajaj Pulsar 180 (With Electric Start) 9 63178-P Bajaj Pulsar 220 (Without Full Fairing) (With Electric Start) 10 63179-H Bajaj Pulsar 220 F (With Full Fairing) (With Electric Start) 11 63180-I Bajaj Avenger 220 (With Electric Start) 12 64000-D Bajaj Discover 125 ST DTS-I Electric Start Disc Brake 13 64001-E Bajaj Discover 125 DTS-I Electric Start Disc Brake 14 64002-L Bajaj Discover 100 DTS-I Electric Start 4 Gears Drum Brake M/s Honda Motorcycle & Scooter India Pvt. Ltd Sl No. Index No. Nomenclature 1 63009-A Motor Cycle Honda CB Shine Self Drum Alloy (125 cc) 2 63010-D ‘Honda’ Unicorn (Self) Motor Cycle 4 Stroke Single Cylinder Air Cooled 150 cc 3 63122-L Honda CB Twister (Self Disc Alloy) 110cc 4 63124-H Honda CBR 150R STD 149.4cc 5 63125-I Honda ‘CBF Stunner’ (Self Disk Alloy) 125 cc 6 63128-K Honda CBR 150R DLX 149.4cc 7 63188-L Honda CB Trigger (STD) 149.1cc 8 63189-P Honda Dream Yuga (Self Drum Alloy) 109cc 9 63190-H Honda CB Twister 110cc (Self Drum Alloy) 10 63193-T Honda Dream Yuga (Kick Drum Alloy) 109cc 11 63194-K Honda Dream NEO (Kick Drum Spoke) 109cc 12 63195-X Honda Dream NEO (Kick Drum Alloy) 109cc 13 63196-A Honda Dream NEO (Self Drum Spoke) 109cc 14 63197-D Honda CBR 250R STD 249.6cc 15 63198-E Honda CBR 250R ABS 249.6cc M/s TVS Motor Company Ltd Sl No.
    [Show full text]
  • Minda Corp Kotak
    The Research Report is only for reference purposes for residents in India, but not for the purposes of advising or recommending on any investment. Kotak Securities Limited or its affiliates are not seeking any business relationship with any viewer of this report nor does Kotak Securities or its affiliates assume any liability for acting on this report nor does it take any responsibility to update information provided in this report. Company Report Minda Corp. (MDA) BUY Automobiles December 07, 2015 INITIATING COVERAGE Sector view: Attractive Harness the potential. Minda Corporation is one of the leading suppliers of locksets, Price (`): 89 wiring harness and instrument clusters in the Indian automotive market. Our positive view on the stock is underpinned by (1) Minda’s technology tie-ups with global Target price (`): 110 suppliers that give it access to MNC OEMs, (2) its ability to gain market share across BSE-30: 25,530 segments and (3) robust growth potential from new products such as steering roll connectors and sensors. We expect 25% EPS CAGR over FY2016-20E and initiate coverage with a BUY rating; our TP of `110 is based on 15X September 2017E EPS. Technology tie-ups and strong relationship with OEMs to drive market share gains Minda Corporation is well-placed to deliver 20% revenue CAGR over the next five years led by INSIDE (1) market share gains across segments, (2) expansion of product offerings with existing Key technology customers and (3) new products. We expect Minda Furukawa’s market share in wiring harness partners and their to increase to 16% by FY2020 (from 7% currently) led by market share gains with Maruti.
    [Show full text]
  • Dependable Quality Partnering the 2-Wheeler Industry
    Dependable Quality Partnering the 2-Wheeler Industry NNE INNE WI R W R AUTO MANUAL 2-WHEELER AUTO MANUAL 2-WHEELER National Engineering Industries Limited (NEIL) was founded in 1946 and is a manufacturer of Bearings under the brand NBC We belong to CK Birla Group (Group Revenue: $1.6 Bn) with diversified interests in Automotive, Construction, Consumer Goods and IT Sector We are India's largest manufacturer with production of 150 Mn Bearings (Ball Bearings, Taper Roller Bearings, DRAC and Railway Bearings) annually in over 1000 sizes from 10mm bore to 2000mm OD Our four state-of-the-art Manufacturing Facilities and Technology Centre are one of the largest in Asia We are one of the preferred suppliers to OEMs and After Market in India as well as in EU and NAFTA We are winners of the DEMING GRAND PRIZE for Quality in 2015 and all our plants are ISO/TS/OHSAS certified We are awarded rating of 5A2 by Dun & Bradstreet indicating strong financial capability AUTO MANUAL 2-WHEELER Index Page No. Honda Motorcycles & Scooter India Pvt. Ltd 01 Suzuki Motorcycle India Ltd. 06 Yamaha Motor India Pvt. Ltd. 09 Hero Motor Corp Ltd. 13 Bajaj Auto Ltd. 17 Piaggio 22 Royal Eneld Ltd. 22 TVS Motor Company 25 Mahindra Two Wheelers Ltd. 29 Application Bearing Location OE Part Number Bearing Number Per O Honda Motorcycles & Scooter India Pvt. Ltd. Activa New Engine Cam Shaft RH 91007-KWP -6000-R2 6904 1 Engine Cam Shaft LH 96100-6000-300 6000 1 Engine Crank Shaft LH 91002-KWP-D030-Y3 6007 1 Engine Crank Shaft RH 91001-KWP-D030-Y3 6205Z 1 Transmission Drive Shaft
    [Show full text]
  • A Study on Consumer Behaviour on Mahindra Two Wheelers in Chennai
    International Journal of Pure and Applied Mathematics Volume 116 No. 20 2017, 167-170 ISSN: 1311-8080 (printed version); ISSN: 1314-3395 (on-line version) url: http://www.ijpam.eu Special Issue ijpam.eu A STUDY ON CONSUMER BEHAVIOUR ON MAHINDRA TWO WHEELERS IN CHENNAI 1S.Praveen Kumar,2R.Kausalya, 3Suraj Kumar 1,2 Professor, 3Student Department of Management Studies, BIST, BIHER, Bharath University, Chennai. [email protected] Abstract: Indian Two-Wheeler Industry is the biggest on Methods of data collection the planet to the extent the volume of generation and Primary data: deals are concerned. India is the greatest bike advertise on this planet, enrolling a general development rate of 9.5 The primary data collected through questionnaires percent in the vicinity of 2006 and 2014. The administered to a sample of 100 consumers selected development in Indian Automobile Industry owed the From Chennai the Questionnaire was pre-Designed and most to a precarious upsurge saw in the bike section in pre-tested before it was administered. 2014. The volume development recorded in the 2014-15 The secondary sources include various reports, financial year remained at an excellent 14.8 percent on a websites etc. year-on-year premise. The 'Make in India' battle of the 2. Finding Government of India is additionally going to draw in The exploration done on an investigation of "buyer more outside speculation into Indian Two Wheeler conduct in regards to Mahindra bikes in Chennai" with Industry making further development openings in the various discoveries. Every one of these discoveries are coming years.
    [Show full text]
  • AUTOMOTIVES April 2010
    AUTOMOTIVES April 2010 1 AUTOMOTIVES April 2010 Contents Advantage India Market overview Industry infrastructure Investments Policy and regulatory framework Opportunities Industry associations 2 ADVANTAGE INDIA Automotives April 2010 Advantage India Proximity to emerging markets Product development capabilities • Proximity to emerging markets such as • There are more than 125 Fortune 500 companies in India. Asia and Africa. • India is an emerging global manufacturing • Shipments to Europe from India are hub for low-cost compact cars. more cost effective than those from Brazil and Thailand. Availability of skilled manpower • In India, 0.4 million engineers graduate High quality standards every year. • Eleven Indian component • Seven million people enter the workforce India as an every year. manufacturers have won the Deming automotive award for quality. • Cost of an entry-level engineer is about US$ 8,000. hub • Most leading component manufacturers are QS-ISO certified. • Cost of engineering talent in India is 45 per cent lower than that in the US. Growing domestic demand Export potential • Changing demographics, rising disposable income and entry of several new players • Increased sourcing from low-cost has expanded the domestic market for passenger vehicles. countries. • Low manufacturing costs due to • Total value of vehicle exports is economies of scale, low R&D and estimated to reach US$ 8 billion to sourcing costs, are increasing affordability US$ 10 billion by 2015. and driving domestic demand. Source: Ernst and Young research OEM: Original equipment manufacturers; ISO: International Organisation for Standardisation; QS: Quality System AUTOMOTIVES April 2010 Contents Advantage India Market overview Industry infrastructure Investments Policy and regulatory framework Opportunities Industry associations 4 MARKET OVERVIEW Automotives April 2010 Market overview … (1/4) • The industry turnover is estimated to reach a level Production and exports of automobiles of US$ 155 billion by 2016.
    [Show full text]
  • The Electric Future Comes on Two Wheels
    THE ELECTRIC FUTURE COMES ON TWO WHEELS Dr. Tamim P. Sidiki, Joshi Rajendra DSM Engineering Plastics 14.01.2019 According to WHO 9 out of 10 people on the planet breath Many polluting companies were forced out of business if not polluted air, killing each year 7 million people, primarily in being compliant to the increased governmental restrictions. poor countries in Asia and Africa. The WHO concludes that India, in contrary, is today home to six of the world’s top about a quarter of all deaths from heart disease, stroke and 10 polluted cities, with Delhi being the sad leader in this lung cancer can be attributed to air pollution. infamous ranking (Source: WHO). Not a single Chinese city can be found on such megacity rankings anymore. We can expect an increased air pollution cleanup movement of Indian government in the coming future, initially targeting mega cities of big concern such as New Delhi, Varanasi and Patna. In November 2018 the Delhi local government released a draft policy which targets 25% of all new vehicle registrations in the city to be electric. The transport department will incentivize all vehicle segments that run electric. Just as China, the world’s largest electric vehicle market, has turned into a global engine for the Figure 1: Technologies and changed mobility concepts will be key in the electrification of cars, India could become a frontrunner for future to battle air pollution to reduce millions of deaths worldwide. the electrification of motorcycles and scooters. For majority of the developing world, the key to reducing Just two years ago a blue sky in cities like Beijing and even pollution is a transition from combustion to battery-powered Shanghai were seldom occasions.
    [Show full text]
  • Centuro Owners Manuals.Cdr
    Dear Customer, Welcome to the Mahindra family of Thinking Machines. Congratulations! You are now a proud owner of Mahindra Centuro. Centuro is an Intelligent Machine that will create a new milestone in the evolution of motorcycles. The intelligence of Centuro is due to many extraordinary features found in various combinations across the three variants O1,O2 & O3. The O3 variant has a premium, attractively designed Flip key with Remote that makes you the envy of all other bike owners. It is equipped with an Intelligent MCi-5 ( Micro Chip Ignited 5 Curve) engine that responds to your need for power and mileage as per your command. The “Guide Lamps” stay on even after you switch off the ignition keeping your path illuminated. Locating the Bike's ignition lock in the dark becomes easy with the LED light in the key. In addition to these features the O2 Variant comes with the “Find-Me” lamps that help you easily locate your bike in crowded parking lots with just a click of a button. It is loaded with an Anti-Theft System that comes with an inbuilt Engine Immobilizer that sounds an alarm and locks the engine when someone tries to steal your bike. The top-end O1 variant has all these features and also includes a stylish Digital Dashboard which comes with a white back light and a Distance to Empty Indicator that allows you to know approx. distance you can travel once your bike hits reserve. The Service Reminder indicator tells you when your bike is due for service. We are with you to ensure that you enjoy many happy miles on the Mahindra Centuro.
    [Show full text]
  • MAHINDRA TWO WHEELERS LIMITED Mahindra Towers, P
    MAHINDRA TWO WHEELERS LIMITED Mahindra Towers, P. K. Kurne Chowk, Worli, Mumba i- 400018 Telephone No.: +91 2224931441, 24961441, FAX: +91 22 24983696 CIN: U35911MH2008PLC185462 NOTICE OF MEETING OF THE EQUITY SHAREHOLDERS OF MAHINDRA TWO WHEELERS LIMITED CONVENED AS PER THE DIRECTIONS OF THE NATIONAL COMPANY LAW TRIBUNAL, MUMBAI BENCH MEETING: Day Tuesday Date 13th June, 2017 Time 9.00 a.m. Venue Ground Floor, Gateway Building, Apollo Bunder, Mumbai - 400 001 Sr. No. Contents Page No. 1. Notice Convening Meeting of the Equity Shareholders of Mahindra Two Wheelers Limited (‘the 2-6 Company’ or ‘Demerged Company’ or ‘Applicant Company') as per the directions of the National Company Law Tribunal (“NCLT”), Mumbai Bench. 2. Explanatory Statement under section 230 read with 232 of the Companies Act, 2013 read with Rule 7-24 6 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 and section 102 and other applicable provisions, if any, of the Companies Act, 2013. 3. Annexure A 25-36 Scheme of Arrangement between Mahindra Two Wheelers Limited and Mahindra & Mahindra Limited and their respective shareholders and creditors ('Scheme') read with other applicable provisions of the Companies Act, 1956 and the Companies Act, 2013 (to the extent applicable). 4. Annexure B – I 37-46 Joint Valuation Report of M/s. S.R. Batliboi & Co. LLP, Chartered Accountants and M/s. SSPA & Co., Chartered Accountants, dated 3rd December, 2016. 5. Annexure B – II 47-52 Fairness Opinion issued by SBI Capital Markets Limited, SEBI Registered Merchant Banker, dated 3rd December, 2016 to Mahindra & Mahindra Limited. 6. Annexure C 53-55 Observation Letters dated 8th March, 2017 from BSE Limited ('BSE') and dated 10th March, 2017 from the National Stock Exchange of India Limited (‘NSE’) to Mahindra & Mahindra Limited conveying no objection to the Scheme.
    [Show full text]
  • Institutional Equities Market Share Analysis Two-Wheeler Sector
    Institutional Equities Two-wheeler Sector 11 September 2017 HMSI Continues To Grow Across Segments Gaurant Dadwal In YTDFY18 (Apr-July), Honda Motorcycles & Scooters India (HMSI) continued with Research Analyst market share gains, like it witnessed in FY17, on the back of strong market share [email protected] gains in scooters as well as motorcycles. Bajaj Auto lost maximum market share +91-22-3926 8145 because of the decline in market share in motorcycle segment and its absence in scooter segment. Market leader Hero MotoCorp lost marginal market share following Vivek Sarin market share loss in scooter segment, while in motorcycle segment its gained 180bps Research Associate of market share. TVS Motor Company broadly retained its market share in YTDFY18 [email protected] largely because of strong growth in scooters. Other players like Royal Enfield and +91- 22-3926 8176 Suzuki also gained market share. Good start in FY18, scooters continue to gain share: Overall, the two-wheeler industry had a good start in FY18 with domestic volume growing 9.2% on YTD basis versus 2.9%/6.9% growth in FY16/FY17, respectively. Strong retail sales in March 2017 on the back of BS-III vehicle ban-related discounts and strong marriage season-led demand in May 2017 resulted in a good 9.2% YTD growth for the industry. In the two-wheeler segment, both motorcycles and scooters reported domestic YoY growth of 6.6%/18.2%, respectively, while mopeds posted a low double-digit YoY decline. Scooter sales, as a percentage share in the industry, grew 31.0% i.e.
    [Show full text]
  • Profitability Analysis of Two Wheeler Companies in India
    © 2018 JETIR November 2018, Volume 5, Issue 11 www.jetir.org (ISSN-2349-5162) PROFITABILITY ANALYSIS OF TWO WHEELER COMPANIES IN INDIA Mrs. R. BANUPRIYA, Dr. D. VENKADESH, Assistant Professor, Assistant Professor & Research Advisor, Commerce, KSG College of Arts and Science Coimbatore, Tamil Nadu, India, A.V.V.M. Sri Pushpam College (Autonomous), Poondi – 613 503 , Thanjavur, Tamil Nadu, India Abstract: Two wheelers are one of the most versatile forms of transportation. The Indian two wheeler industry since its beginning, had evolved many folds in technology and, in the numbers being manufactured and produced. It has seen tremendous growth in about half a century, in comparison to other countries where two wheelers are major components of transportation. This paper analyzes the profitability of automobile companies in India for a period of ten years (2007 – 2017). Profitability is the ability of a business to earn a profit. It involves in-depth analysis of profitability of the company with the help of key ratios and statistical analysis like ANOVA. Profitability ratios help in ascertaining the position of the company with respect to various profitability measures. Key words: Profitability, Automobile industry, ANOVA, Ratio analysis, Net Worth. I. Introduction Two wheelers are one of the most versatile forms of transportation. The Indian two wheeler industry since its beginning, had evolved many folds in technology and, in the numbers being manufactured and produced. It has seen tremendous growth in about half a century, in comparison to other countries where two wheelers are major components of transportation. The automobile industry is one of the key drivers for the economic growth of the country.
    [Show full text]
  • A Case of Investment of TVS Motors Limited (India)
    Netra Pal Singh1 JEL: M15 Eesha Singh2 DOI:10.5937/industrija%v-24610 UDC: 629.326:658.5(540) 658.115:001.895 330.322.2 Case Research IIoT and Machine Learning Technology - A case of Investment of TVS Motors Limited (India) Article history: Received: 17 January 2020 Sent for revision: 18 January 2020 Received in revised form: 28 February 2020 Accepted: 1 March 2020 Available online: 31 March 2020 Abstract: Automobile sector in India is gearing for sharing mobility, electric, smart and connected vehicles. Indian two-wheeler makers are either acquiring or investing in electric, IIoT and AI startups to compete in new scenario. This paper presents a brief overview of Indian two-wheeler industry and investment strategies of two-wheeler producer TVS Motors Private Limited in the context of emerging scenario and recent investments in startups. The paper analyses TVS’s recent investments in electric vehicle, shared mobility (renting), IIOT and AI startups. It is concluded that TVS Motors is, in the first place, investing to be at the forefront of electric, smart, shared and connected vehicles market. The second reason is to overcome the limitation of internal innovation in new segments in terms of required time, needed knowledge and possibility of being the first mover in the new markets. Keywords: Industrial Internet of Things (IIoT), Machine Learning, TagBox, TVS Motors, Scooters, Motor Cycles IIoT i tehnologija mašinskog učenja – studija slučaja ulaganja TVS Motors Limited (Indija) 1 Professor, Management Development Institute, Gurgaon, Mehrauli Road, Sukhrali, Gurugram-122007, India. Email: [email protected] & [email protected] 2 Masters Student (Exe- MBA), Indian Institute of Technology (ISM), Dhnabad, Sardar Patel Nagar, Hirapur, Dhanbad-826004, India.
    [Show full text]
  • Society of Indian Automobile Manufactures
    Home Media News Contact Login SIAM IS THE APEX NATIONAL BODY REPRESENTING INDIAN AUTOMOBILE INDUSTRY MEMBERS Home / About Us / Members ABOUT US Who We Are President Members Working Partner International Associations Members Company Logo Company Name AMW Motors Limited City Mr Anirudh Bhuwalka Mumbai View Details Company Logo Company Name Ashok Leyland Ltd City Mr Vinod K Dasari Chennai View Details Company Logo Company Name Atul Auto Ltd City Mr J J Chandra Rajkot View Details Company Logo Company Name Bajaj Auto Ltd City Mr Rajiv Bajaj Pune View Details Company Logo Company Name BMW India Pvt Ltd City Mr Philipp von Sahr Gurgaon View Details Company Logo Company Name Cummins India Ltd City Mr Anant J Talaulicar Pune View Details Company Logo Company Name Daimler India Commercial Vehicles Pvt. Ltd City Mr Erich Nesselhauf Chennai View Details Company Logo Company Name Fiat India Automobiles Pvt Ltd City Mr Gurpratap Boparai Pune View Details Company Logo Company Name Force Motors Ltd City Dr. Abhay Firodia Pune View Details Company Logo Company Name Ford India Pvt Ltd City Mr. Nigel Harris Gurgaon View Details Company Logo Company Name Foton Motors Manufacturing India Pvt Ltd City Mr. Michael Deng Pune View Details Company Logo Company Name General Motors India Pvt Ltd City Mr Kaher Kazem Gurgaon View Details Company Logo Company Name Greaves Cotton Ltd City Mr Mohanjit Singh Walia Mumbai View Details Company Logo Company Name H-D Motor Company India Pvt Ltd City . Gurgaon View Details Company Logo Company Name Hero MotoCorp City Mr Brijmohan
    [Show full text]