Escolar Documentos
Profissional Documentos
Cultura Documentos
Members: Chintan Shah Kinnar Majithia Vikram Kasbekar Ankit Tripathi Arjun Mishra Charusheela K.
(P1051) Khyati Shah (P1052) (P1026) Fatema Olia (P1035) (P1021) Kunal Parikh (P) (P1058) Nirav Doshi (P1014) (P1028) Umesh Bagul (P) (P1024) Priyadarshany Parab (P1029)
On the other hand, if no collusion, possibility of fierce competition among the few firms
Slow growth in 1950s and 1960s; Reason: License Raj, Nationalization, Socialistic approach, MRTP Act
The Industries (Development and Regulation) Act passed in 1951 to implement Industrial Policy Resolution of 1948 one of the reasons for closed market The Act empowered Government to prescribe Prices, Methods, Volume of Production, Channels of Distribution
1970s Fair Growth but mainly towards Tractors, Commercial vehicles and Scooters
Delicencing of sector attracted many major Global OEMs (GM, Ford, Honda, Hyundai etc.) to start assembly in India
Demand for small and compact cars by highly discerning, educated, wellinformed Indian customers
Easy Auto Finances attract the buyers leading to sharp rise in the demand
Foreign Automotive companies in India: Manufactured or assembled in India: BMW India, Ford India, General Motors India, Chevrolet, Honda Siel, Hyundai Motor India
Imported to India: Audi, Bentley, BMW, Lamborghini, Land Rover, Mercedes Benz, Nissan etc.
Current Trends
Tata has come up with ` 1 Lakh car Tata Nano
References
CRISIL Reports
http://auto.indiamart.com/
http://www.wikinvest.com http://india-reports.in http://wheelsunplugged.in/ http://en.wikipedia.org
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