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Wednesday 6 February 2013

Automotive Industry

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Opportunities for Indian Automobile in African Market







SR. NOTOPICPAGE NUMBER
1INTRODUCTION3
2 setting SETTING5
3INDIAN self-propelling SCENARIO6
4AUTOMOTIVE MISSION PLAN9
5AFRICAN AUTOMOTIVE securities attention SCENARIO10
6 EXPLORING AFRICA11
7INDIAN BIKE MAKERS AND THEIR CHINEESE COUNTERPARTS IN AFRICA13
8OVERALL MARKET OF THE TOP INDIAN AUTOMOBILE COMPETITORS IN AFRICA14
9SWOT ANALYSIS17
10References19
INDEX?



INTRODUCTION

The self-propelling industry is increasingly becoming the cynosure of the manufacturing sector across the globe. The attending and importance to the automotive industry in the economic training and planning policies of Government and its agencies has also witnessed significant up rise. The industry has been evolving over the years, meeting up with challenges as diverse as transitions, consolidations and restructuring, and thereby adapting to the new market conditions.
In the last fewer years, the world automotive industry has changed its locational preferences due to various reasons.

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Earlier, the automotive industry was largely confined to the triad - North America, atomic number 63 and Japan; however, with the emergence of some vibrant developing economies, identical Brazil, India and China, the global automotive industry has been considering a different maturation perspective, and has been relocating the operations. These growing developing economies has been evolving as the manufacturing hub, as also the new markets, for the global majors like Ford General Motors, Chrysler, Toyota, Honda, Nissan and BMW, who are competing to enhance their market share in these markets. Increasing addition in GDP and the growing disposable income has catapulted these emerging economies as market for automotives, while the low cost of operations and skills in design and R&D made them as destinations for investment funds and manufacturing operations.
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