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Prafacuyonan nogenan cam International Institute of Management Studies, Pune A Project Report on Automobile Industry For the partial Fulfilment the course of PGDM. 2010-12 Submitted By: Guidance By: “Proface formbe blogapor ann introduction to Automotive Industry. Fhe tinet prection! automobile witha patrol engine wes bull by Kurd Bone in IW. Benz was granted @ patent For his automobile of oduction of automobiles in 1883. after he first long-distance trip in August 20 January 1886, and began the fist Bertha Benz, his wife, had proved with TSS8 from Mannheim to Ptorcheim and back that the homeless coach was ‘Since 2008 # Hci os cmos sieles Absolutely suitable for daily se. memorates this event and Wilhelm Maybach in Seutw.ar in 1889 They also are usually credited as inver Of the University of Padua, first motoreycle in IS86, but iguy's Enrico. Bernard fn INN2, patented a 0.024 horsepower (17.9 W) 122 ce (7-4 cin) one-cylinder petrol motor, fitting it into his son's trievele, making it at least a candidate Tor the fist automobile, and frst motoreyele:0 1?" Bernardi enlarged the wieyele in “Projects formina blogapare comm Bajaj Auto stretches over a wide range of Industries, spanning automobiles (two-wheelers and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance. The group's flagship company, Bajaj Auto, Is ranked! as the world's fourth largest two- and three- wheeler manufacturer and the Bajaj brand is well-known across several countries in Latin America, Africa, Middle East, South and South East Asia. Founded in 1926, at the height of tndia's movement for independence from the British, the group has an illustrious history. The integrity. dedication, resourcefulness and determination to its birth during those days of relentless devotion to a common cause. Jamnalal Bajaj, founder of the group, was a close confidant and disciple of Mahatma Gandhi. In fact, Gandhi! had adopted him as his son. This clase relationship and his deep involvement in the inclependence movement did not leave Jamnalal Bajaj with much time to spend on his newly launched business His son, Kamainayan Bajaj, then 27, took over the reigns of business in 1942. He toe was close to Gandhiji and it was only after Independence in 19.47, that he was able to give his full attention to the business. Kamalnayan Bajaj nat only consolidated the group, but also diversified into various manufacturing activities. The present Chairman of the group, Rahul Bajaj, took charge of the business in 1965. Under his leadership, the turnover of the Bajaj Auto the product portfolio has expanded and the brand has found a global market. He is one of India’s most distinguished business leaders and internationally respected for his business acumen and entrepreneurial spirit “Projects formina blogapare comm Group Companies Bajaj Auto is the flagship of the Bajaj group of companies. The group comprises of 34 companies and was founded in the year 1926. Bajaj Auto Ltd. Balai Holdings & Investment Ltd. Bajaj Finsery Ltd. ‘Balai Allianz General insurance Bajaj Allianz Life Insurance Co. Ltd Bala Financial solutions Ltd. Balai Auto Finance Ltd ‘Bajaj Allianz Financial Distributors Ltd, Balai Auto Holdings Ltd. PT Bajaj Auto Indonesia (PTEAD Bajaj Auto International Holdings BV Bajaj Electricals La. Hind Lampe Ltd. Balai Ventures Ltd. Mukand Ltd. ‘Mukand Engineers Lid. ‘Baial Sevashram Pvt. Ltd. Jamnalal sons Pvt Ltd. Shekhar Holdings Pvt Ltd Madhur Securittes Put Ltd Niraj Holdings Pvt Led Shishir Holdings pvt Ltd Kamalnayan investments & Trading Pvt Ltd Sanraj Navan Investments Put. Ltd. ‘Hind Musafir Agency Pvt. tra. Projects formia.bhogupert.com “Projects formina blogapare comm + Bajaj internauonal pvt. itd. + Bachhral Factories Pvt.Ltd. i Jeevanita. + Bachhraj & Co Pvt Ltd 2 The Hindustan Housing Co. Ltd. + Hospet steels tra Bajaj Team Management Team Rahul Balai Madhur Balai Rally Balai Saniiy Baiai Pradeep Shrivastava Abraham Joseph 5 Sridhar & © Maheshwari Chairman Vice Chairman Managing Director Executive Director Chief Operating Officer President (Research & Development) President (Motorcycle Business) President (Commercial Vehicle Business) President (International Business) President (New Projects) President (Retail Finance) President (Finance) Senior Vice President (Business Development & Assurance) Vice President (Human Resources) Vice President (Commercial) Vice President (Corporate Sacial Responsibility) company Secretary “Projects formina blogapare comm Board of Directors Naresh Chandra Nanoe Pamnani Manish Keirwal P Murari Niraj Baiai Chairman Vice Chairman Managing Director Executive Director Director Director Director Committees of the Board Audit Committee Shri Nanoo Pamnani Shri S.H. Khan Shri J, Balaji Rao Shri Naresh Chandra Chairman Member Member Member Shri 0.4. Balaji Rao Shri J.N. Godrej Shri Naresh Chandra shri S.H. Khan Remuneration & Nomination Committee Shri 0.4. Balaji Rao Shei S.H. Khan Shri Naresh Chandra Shei Rahul Bajaj Chairman Member Member Member “Projects formina blogapare comm Registered under the Compa: REGISTERED OFFICE WORKS Akurdi, Pune 411 035, Ss Act, 1 Area, Chakan, Pune 411 501 Bajaj Nagar, Waluj Aurangabad 431 136 Plot Ne. 2, Sector 10, Pant Nagar, Rudrapur Awards And Accolades Bike of the Year Bike of the Year 100ce Bike of the Year 150ce Bike of the Year 250cc Bike of the Year Technology of the Year 1956 ET NOW - zigWheels ET NOW - zigWheels ET NOW - zigwheels ET NOW - ZigWheels ET NOW - ZigWheels Projects forma blogapere comm iscover DTS-Si Seer lajaj Discover DTs- lawasaki Ninia jajai Discover And lutsar lawasaki Ninja laja Discover lutsari3sis luisara3sis lajaj Discover lawasaki Ninja Jajay Auto lajay Auto Most Value for Money-Bike of the Year Motorcycle of the Year- Bike upto 125 ce Two Wheeler of the Year Best Integrated Campaign - Two wheelers Best Storysoard Commercial Bike of the Year 2010 Viewer's Choice of the Year Best TV Commercial Rest Advertising Siwer Effie for PulsarMania Ad Most Trusted Brands - Auto Two Wheeler Profectsformia.bhogupert.com ET NOW - ZigWheels NDTV Profit- Car & Bike NDTY Profit- Car & Bike NDTV Profit- Car & Bike CNBC - Overdrive UTV Bloomberg-Autocal UTY Bloomberg Autoca! Auto India BS Mataring Effie Brand Equity Categories Sport bike161sttes BajajSfsites Three wheeler2asites Bajaj auto? sites ese open Day High Previous Close 52-Week high “Projects formina blogapare comm ere 28.31 aaa Market Cap (Rs er) 45352.84 4517485 Volume 23734.00 6.00 employ: (2006-07) 10,250 Revenew = Rs 81.063 billion (2005) “Projects formina blogapare comm Force Motors founded in 1958 as Bajaj Tempo Ltd. is a manufacturer of three wheeler muld-nulity and cross c Vehicies, light commercial Vehicles, tractors. ce Motors started production of the HANSEAT 3-Wheelers in collaboration nh Tempo Werke . Germany and went on to establish a. presence in the “Light Commercial Vehicles” field with the MATADOR, the MATADOR, the proverbial LCY in India. Through 1990s, and especially in. the last five years with a major produce development effort. Force and Foree Motors founded in 1958 as Bajaj Tempo Ltd. is a manuracturer of U Wheeler, multi-utility and cross country vehicios, light commerc: tractors, buses and now heavy commercial vehicles. Abhay N. Pirodia 4s the jan & Managing: Director started production of the HANSEAT 3-Wheelers in collaboratic ‘Tempo Werk. Germany and went om to establish a presen real Recently the company has firmed up a joint venture with MAN AG of Germany for manufacturing of trucks at Pithampur, he Industwal hub OF Madhya Pradesh in Indore. (On 3rd Dec 2008 another a nent was signed between Man AG and Force motors to the effect that both will hold equal (50:50) stake in the JV company Man boree trucks pot Letel MAN Force Trucks manufactured at Pithampur factory are worldclass in terms of quality and even they get exported to overseas countries like Srilanica, Indonesia, and certain African nations, It is highly cost effective proposition for customer interested in economic solutions: BOARD OF DIRECTOR: Mr. Abhay Pirocia Mr. Prasan Firodia Managing Directs Mr. S. N. Inamdar Directo: Mr. Pratap G. Pawar Director Projects formia.bhogupert.com ———— MoS: radon Dicer Me Arun sean ucctor ae Viney be wieecion Mr. R. B. Bhandari "The year that went by was crucial for us, as it has heen a witness to many challenges that we faced. It made us more agile and eto changes. As a fod tall; all charged up to cap sect ih ou Projects formia.bhogupert.com “Projects formina blogapare comm in the worst market conditions and we have emerged victorious haying learnt rom the difficult times. Therefore I foresee 2010 as a year with infinite: possibilities and optimise, We have a dynamic and young team in most departments who have a finger or the pulse of the present market, Our production team is fully equipped te ensere that We are able to respond speedily to the market requirements. The worle will seo un showeusing Some Innovative nel exchasive pred ets appro ‘Foday the market is driven by product performance ancl we offer vehicles that outperform competition in every sense Of the term. This year our unified meus biggest strengths - the range of Goods Carrier and Passenge: Manufactured to deliver the bert performance. hope the year 2010 will turn out to be a momentous year for Gur range of Goods Carrom and Passen per Carrion considering the large latent potential for this fyps Of vehicles in ErOWINE ‘Sconomy Our dealerships have been provided intensive training on a regular basis for ne high standards of excellence in sales and service and also Updating, Bren of pre sales, sales. service and paris. Our corporate communication tools are in Place with some innovative promotional activities planned at the local and national level, Its time to get started! Dr. Abhay Firodia “Projects formina blogapare comm Whe areas of excellence R&D:- ‘Today. Force Motors makes a full family of vehicles ~ ne New Trump, ‘Traveller Shaktiman, Trax and Citiline range of Buses & the Balwan and ‘Orchard range of Tractors. These are products bor out of Force Motor's own: Research & Development activity. The Product clesigns for these ranges of most modern vehicles Were created in our most capable Computer Engineering, ea afin thie Chott acveniceN SAiETESNEY, with a 150 terminal (CAD) Computer Aided Design network. Over 9056 of the Vehicles curently manufactured & sold by Force Motor are the latest designs. Where, introduction is Jess than S years ole. Further these are the products of most modem Computer Aided Design efforts. The company spends over 5% of its annual turnover on new Product Development. [employs 850 people For its R&D. tooling & project acuvity - 450 of which are Engineers. Latest sofeware such av IDEAS, CATIA, and ADAMS are used for design & validation. The Shgines designed by Force Motor are fully proven for emission and for fuel Shiciency. The vellicias offer Green engings mecting BS Tl norms, ‘Gesign and ma ses employed ‘Tramp and the New ‘Traveller Strong has becn which hae the igh peccicion andl veratlo mack tools of various sizes. Force Motom-Tooling Division now offers this expertise gained over the years to provide end to end solutions (Design to Manufacturing) for all your tooling: fequirements in the field of sheet metal dies, aluminum dic castings dic, welding fixtures, pattern equipments and plastic moulds, NKK 50T “Projects formina blogapare comm Manufacturing Faciliti “Ihe famous ‘Mercedes! OM-616 engine made und: se has been furthes developed with Force Motors own Ra D and with assisrance from M/s Ricardo of UK & M/s, AVL of Austria, to create a large and modern facility of nts such a= cylinder blocks and precision cylinder head= ete, are made n Force Motors" own Foundry. These are machined using claborate and modern ihass production methods - both ‘Transfer lines and Computer Numerical ‘Conuolled (CNC) Hex ible machining systems. Mercedes standard pre jon and Sorability is baile Press Shop! ‘Traveller Body Welding ‘Traveler Assembly Line! Engine Assembly ate quality control and detailed testing is carried out for each engine ~ “the GI-18 Gearbox of Mercedes design is among the The latest machinery 2 Process technologies are used for manufncture of the gears, shafts and housings The Drive train comprising of the Gearbox, Axles and Propeller Shalt are precision manufactured in housc. Fore Motor uses special alloys with high Molybedenum content to make gears with cx ua sucngeh for added reliability. Elabos using Latest equipment. "The Gearhox of M The gears are not only hobbed & shaved, but finished using a special high precision "Honing process — to fencrate super smooth surfaces And exact Precision - to Mercedes standard hecked for noise. ‘The exacting S design to Each Clear pair is individually matched & assembly and testing procedure for the Gearbox assures life Long: Operation. (in 1900 Borce Motors Exported 2000 gearboxes Of Mercedes Benz Germany. for use on Mercedes Vehicles in Europe) Financial Results FORCE MOTORS umMITeED (2y UNAUDITED FINANCIAL RESULTS (PROV! FOR THE QUARTER ENDED SOTH SEPTEMBER, 2070. HRSES Pleas Shae HISTORY OF HERO HONDA The success of the Hero Group lies in the determination and foresight of the Munjal brouners, Who shared dicir Vision with th ne has become synor HeroCyeles: Me. nd Munjal. Mr. Brijmohan ball Munjal and Mr-O- P. Munjalcontinue to carry the torch and is setively involved in Une day to-day is being continued with the same zeal by the second and third the family and by the large working Force of the Hero Group. Progress of the Group ts © Cy of Ludhiana, i home corl ni and entrepreneurs, ‘Phe Hero Group is a thriving example of three generations of a family working and striving together to ensure quality, satisfaction and GXEENSIve grOWEn. rise: of achi foulous plan Hero Cycles Limited is established. 1961 Rock man Cycles Industries Limited established, which the largest manutacturer of bicycle chains and hubs Is today. 1963 It ploneered bicycle exports from India - a foray into the international market. 1971 Highway Cycles was set up to meet the demands oftero Cycles. it Is today the largest manufacturer ofsingle speed and multi-speed freewheels 1975 Hero Cycles Limited became the largest manufacturer of bicycles in India. 1976 Majestic Auto Limited was formed and the Hero Majestic Moped was introduced. 1981 Munjal Castings established Hero ITES, a division of Here Corporate Service Limited hived off as @ division of new company Hero Management Service Limited. 2005 Hero ITES strengthens its relationship with AGS,USA,USD 5.0 billion market cap and Fortune 500 company. 2006 Here Honda enters the scooter segment, launches 100ce “Pleasure” 2006 Hero Honda crosses a unit sales threshold of 3.0 million motorey cles 2006 Hero Group celebrates Golden Jubilee year since inception. It was commemorated by sales of over 15, ion motorcycles & over 100 million bicycles. PRODUCTS GLAmMouR SPLENDOUR KARIZMA, Gtamour PASSION PLUS PASSION PRO “Projects formina blogapare comm COMP ETITORSOF HERO HONDA + HONDA + SUZUKI HYUNDAI MOTOR COMPANY PROFILE--- Hyundai Motor Company is a Korea-based automobile manufacturer. The Company produces and markets passenger cars under the brand names of Equus, Genesis, Genesis Coupe, Azera, Sonata, Elantra, Accent, Getz, 190, Is0cw. 120 and i10; recreational vehicles under the brand names of Veracruz, Santa Fe, Tucson, Matrix and Het. and Commercial vehicles, which include medium and heavy duty trucks, and buses. The Company also provides automobile maintenance Services HISTORY he beginning of Hyundai Motor Company dates to April 1946 when founder, Ju-Yung Chung established Hyundai Auto Service in Seoul, South Korea at the age of 31 yoars.. The name Hyundai was chosen for its meaning which in English translates to “modem.” The Hyundai lego is symbolic of the company's desire to expand. The oval shape ropresents the company's global expansion and the stylized "1" is symbolic of two people (the company and customen shaking hands. Hyundai Motor Company was founded by Ju-Yung Ghung and younger brother Se-vung Chung im December 1967- In 1966 the company. entered inte a contract with Fard motor company to assemble the Ford Cortina and Granada for the South Korean market and continued to, Produce them until 1976. Hyundai completed construction of the Ulsan Blantin six months and achieved the shortest groundbreaking to first Commercial production of any of Ford's 118 plants. The eight year Journey provided Hyundai with assembly knowledge, blueprints, technical specifications, production manuals, and trained Hyundai engineers. “Projects formina blogapare comm Organizational Structure- ORGANIZATION AL STRUCTURE, Organizational structure refers to the way that an organization arranges: people and jobs so that its work can be performed and its goals can be met When 4 work group is Very small and face-to-face communication is frequent, formal structure may be unnecessary, but ina larger’ organization decisions have to be made about the delegation of various sks. Thus, procedures are established that assign responsibilities for Various functions. It is these decisions that determine the organization In an organization of any size or complexity. employees” responsibilities typically are defined by what they do, who they report to, and for managers, Who reports to them. Over time these definitions are assigned to positions in the organization rather than to specific individuals. Lhe relationships among these. positions are illustrated graphically in ar organizational chart (sce Figures 1a and 1b). The best organizational Structure for any organization depends on many factors including the Work it does; its size in terms of employees, revenue, and the geographic dispersion ofits facilities: and the range of its businesses (the degree to, which itis diversified across markets). “Phere are multiple structural variations that organizations can take on, but there area few basic principles that apply and a small number of common patterns. The following sections explain these patterns ane provide the historical context from which some of them arose. The first Section addresses organizational structure in the twenteth century. The second section provides additional details of traditional, vertically- arranned organizational structures. This is followed by descriptions of Several alternate organizational structures including those arranged by product, function, and geographical or product markets. Next is a discussion of combination structures, of matrix Organizations. The discussion concludes by addressing, emerging and potential future. Hyundai Motor Finance. Our Hyundai Motor Finance Team is committed to excellence and delivering a quality financing experience for our customers. We offer both retail and lease products designed to give you options to fit your finance needs. Our website contains information about services we offer and how to obtain information regarding your Hyundai Motor Finance account. Hyundai Records Good Sales Growth One oF the India’s loading car maker, Hyundai Motors Indian Limited (HIMIL) have sold more cars In June 2010 as againet the same month last year. Considering the entire sales from January to June 2010, Hyundai has recorded 29% growth in the Indian market and the exports grow by 9.2 2%. Hyundai has sold! 1,75.121 units in this period as against 135.781 cars during the Jan-Jun 2009 period. Hyundai sold 46,254 cars in June 2010 which was 47.266 units in the same poriod an year ago. In, India, the Korean car giant sold 27,366 Cars in June 2010 against 23,015 in June 2009 an 19% sales rise. But, the company's exports witnessed a decrease by 22%, as only 18,888. Units were Shipped last month while 24,250 cars were exported last year inthe same month. Among the different segments, 42,099 units of small cars (Santro. 110, Getz and 120 ) were sold and in Saloons, 4,137 cars of Accent and Verna were sold. But in the luxury car segment only 18 Sonata Transform cars were sold. Hyundal has launched now facelift Hyundal Verna Transform. which the company hopes, will boost Hyundars sales in mid segment in the upcoming months of 2010. “Projects formina blogapare comm HMyundai-developed Blue DriveTM Technologies Double Clutch Transmission To be applied on future mid-size vehicles, the next generation gearbox combines the best of both worlds: the fuel economy of a manual with the ‘comfort and Convenience of an automatic. Gest ofall, it retains the Spony characteristics and responsiveness of a manual for pure driving pleasure 8-Speed Automatic Transmission Hyundai ie in the final stages of developing its own 8-speed automatic transmission which will be fitted to rear wheel drive luxury vehicles. The extra gears promise to Improve fuel efficiency by 2~S percent and enhance 60" -100kph acceleration performance by 2~3 percent Enginoors have oliminated the dipstick used to check automatic transmission fluid level, thus requiring zero maintenance. Featuring four Planetary gearsets, slip lock-up torque converter, aluminum Carrier tor Feduced weight and compact single piece case, ihe gearbox is filled and permanently sealed at the factory with a life-long low viecosity automatic transmission fluid which never requires changing throughout the life of the Vehicle. Development work on the transmission began in 2006 and despite the addition of the extra gears, the 6-speed automatic has fewer parts than the five-speed aulomatic It replaces and le also 10 percent fanter Continuously Variable Valve Lift The next step in 2.0L engine aspiration introduces the new element of valve itt. control which is used it conjunction with duration ane UMing Control. The net offect increases power by 5-6 percent while. Simultaneously improving fuel efficioncy by over 5 percont while Feducing oxhaust emissions by increasing intake Velocity and improving fuel atomization. Gamma T-Gb1(e8s) The 1.6L all-aluminum Gamma Turbo-GDI (E85) is a unique engine concept which is fueled by an 85:15 ethanol-gasoline blend that promises to reckice CO2 omiasions and mprove fuel efficiency while Projects formia.bhogupert.com “Projects formina blogapare comm retaining the all-important fun-to-drive factor. Compared to peak torque Of B9kgm@ 1750-4500rpm delivered by a gasoline GDI engine of the Same displacement, the Gamma T-GDI (E85) delivers a7 percent boost In torque while lifting horsepower by 10 percent to 220p s@6000rpm. 22.2 Diesel Two-Stage Serial Sequential Turbo Boasting the highest specific horsepower and torque of any diesel in its Glass, this latest close offering demonstrates why Hyundai diesel engineering capabilities are second te none in the world. Using a third Generation 1800bar common rail injection systom with piezo-electric Injectors and a two-stage turbo. the R22 delivers 225hp of peak horsepower and comparably impressive torque figures: greater than 7OKW por liter, Emissions-wise, achieves Eure 5 compliancy by employing close-coupled diesel particulate filter and highly efficient EGR cooler with bypass valve. The R Engine harnesses Hyundal's newest and most advanced development tools. Computational flow dynamics, Structural and thermal analysis were used to optimize its design while computerized simulation of the die casting process was employed to, Achieve the optimal balance of strongth and low weight. The Flis fitted with a 1G-valve dual overhead camshaft which is driven by an internal Steel timing chain. For reduced vibration and lower booming noise, the Figets a balance Shaft which has been encased ina stiffened ladder frame housing for increased rigidity. Weight saving features Include a one-layer belt with isolation pulley, plastic head cover, plastic intake manifold and plastic oll filter housing. A ceramic glow plug provides near Instantaneous starting in the coldest weather conditions. U2 Diesel Boasting a second generation high pressure common rail injection system which Is capable of activating up to five injections per cycle, a Variable swirl controls system and electronically-controlled EGR cooling the second generation U2 has been fully updated to satisty Euro 4 and 5 requiations. The U2 is Capable of dalivering 128hp and 26"5kam of torque and emits just 110g/ken of CO> (30), the Best figures of any engine in its class. A close coupled diceel particulate filter will be fitted to the Euro 5 version. The U2 dolivers an 4.8 percent improvement in COZ reduction from 125g/km of the original U Series to T19g/km in the: new U2, an improvement in 80 —- 120km/h acceleration performance by 5.8 percent to 11.4 sec (3.7 percent improvement in 0 —~ 130km/h). Noise levels on the U2 fall on the low limit of the scatter “Projects formina blogapare comm band. The U2's oil change interval has also been extended from 20,000km of the U1 original engine to 30,000km in the latest version Recycling Technologies At this year's Seoul Motor Show, Hyundai will exhibit several new examples of eco-friendly designs which reduce the use of hazardous chemicals and promote the use of recyclable materials in our Vehicles. The search for constant improvement in every facet of the Operation continues, using LCA (Life Cyclo Assessment) tools which have become an intogral part of the vehicle design and manufacturing process. LGA takes into account eco factors in the decision making at al Stages from design to manufacturing, ownership and disposal. By quantitying each process we are able to evaluate the effects on the Snviranment and Search for areas of improvement Inus COMUNUAllY Improving the percentage of recyclable pans. In addition to the Blue DriveTM products and technologies, Hyundai will be adding importa Hyundai Motor Profit Surges 38% on Overseas Sales Hyundai Motor Go., South Korea's largest automaker, posted a 38 percent increase in third-quarter profit as new models attracted buyers in Overseas markets, offsetting the negative impact from a stronger won. Net Income rose to 1.35 thlllon won ($1.2 billion) In the three months ended Sept. 30 from 979.15 billion won a year earlier, the Seoul-based carmaker said in a statement today. Analysts expected a 1.23 tr won profit, according to the average of 16 estimates compiled by Bloomberg this month. Hyundai may post record car sales this year after luring buyers with its. revamped Sonata sedans and Tucson sport-utility vehicles. The ‘company has benefited from a surge in the yen that hampered Japanese rivals Toyota Motor Corp. and Honda Motor Co. in markets where they “Projects formina blogapare comm ‘compete, helping offset a rise in the won that reduces the South Korean carmakers earings from overseas. “The strengthening won against the dollar is negative.” Kim Do Joon who helps manage $8.9 billion worth of assets at Hanwha Investment Trust Management Go. in Seoul, said before the earings: announcement “Still, as the yen's appreciation is steeper, Hyundal is expected to keep its competitive edge over Japanese rivais for a while. Hyundai fell 0.3 percent to 170,500 won as of 2:06 p.m. in Seoul trading, while the benchmark Kospi Index declined 0.2 percent The South Korean currency appreciated about 2.6 percent against the dollar in the first nine months of this year, while the yen strengthened about 11 percent Hyundai Motor India Ltd (HMIL), the country's largest exporter of cars and the second largest manufacturer in India. Is targeting 21% market share in the calender year 2010, a shade over the 2009 market Share of 20.6%. ‘The company said its export sales is expected to overtake the domestic lone and is likely to touch 55% of the overall sales in 2010 against 50% in the previous year. The company on Monday announced that it had become the first player in India to achieve the one millionth-m ark in exports, a significant milestone after te decade of presence in India since it first exported Saniro inn 1999 to Nepal After adding Australia under its export network on Monday, with the first export batch of 500 units of 120, the company will adcl 10 more countries, Under its oxport belt taking the total number of countries to 120 by yoar- end, said HMIL MD HW Park. “Projects formina blogapare comm HMIL director (sales & marketing) Arvind Saxena said, "We expect to end the calender year 2010 with a marginal growth in Our overall sales to 5.9 lakh units, thereby increasing our market share marginally to 21% as against 20.6% in 2009. Buoyed by an Impressive 11% growth in exports in'2009, the company expects that the exports sales will overtake domestic sales and will garner 55% of the overall sales in 2010 as Against 50% in 2009." This is possible as the company decides to reach 10 more countries in 2010. The company was incorporated on 8th February, 1924 in Madhya Pradesh. Motor Co. ted. Japan. ° The company entered into a technical collaboration contract with assistance to the company comprising technical documents consisting the know-how, Information on construction of the plant for the manufacture and guidance in connection with procurenent of manufacturing facilities, Honda also agreed to participate in the equity share capital of the company to the extent of 28.5673. The Technical collaboration agreement was for 10 years from 8th AUgUst, 41984. The company was to pay Honda, Technical know-how fee of Rs. 47 Lakhs and Royalty ot the rate of 436 for a period of 7 years from the date of commercial prodeution. During 1987-88, the company entered into a technical collaboration forcement with Kinetic Engg. Ltd. for technical knourhow for the manufacture of Luna Mopeds, within the available instoMed co pachy- 2000 - Pune-based Kinetic Motores Company Ltd has been awarded the Projects formia.bhogupert.com SS - Pini ames “Projects formina blogapare comm chighese exporter with continuous export excellence award" in the non-ssI category. by the Engineering Exports Promotional - Two-wheeler majors -- Kinetic Engineering Led and Kinetic Company Ltd, both part of the Rs 1,000-crore Kinetic Group Of Madison Communications as their Agency on Record. The Company will launch an upgraded version of its 98 cc Scooter Marvel to overcome the market perception of being a single product company. - Kinetic group's automotive businss has been splie into three operating divisions comprising the scooter, moped and motorcycle businesses. 2001 - The Compensation Committee of the board of directors has Alfoted 39,100 No. of equity shares of Rs 10 each at a premiue of Rs 20 per share £0 19 employees exercising thelr “aption’ under company's ESOP. - Kinetic on August 16 launched @ 110 ce scooter and said fe would introduce a new motorcycle range next month as part of Its strategy to achieve a fs 2,000 crore turnover In fiscal 2005. Calted ZX Zoom! the new scooter has been priced at Rs 37,215. -2002-Kinetic Motor Company Ltd haz informed BSE that Mr AM “Shirotkar has been appointed as Director (Technical) of the company with effect from November 1, 2002. 2003 -the Board approved Voluntary Retirement Scheme (VRS) for company's employees working at Pithampur plant. -Kine tic Metors launched the “Campus Chill’ a new variant of Kinetic. 2004 “Projects formina blogapare comm -Kinetic bags rights to manufacture 7 lealjet models -Kinetic Motor unveils feature-rich “Zing 20" scooterette at nearly Rs 5,000 lesser than similar models from other competitors -Kinetic Motors has annaunced the launch of Kinetic Nova 235, a 135 ce gearless scooter 2005 -Kinetic unveils Italjet range on June 7, 2005 “Kinetic Motors ties up with Tata Indicom -Kinetic on November 8 launched gearless scooter Company Background - Kinetic Motor Company industry Name House Name Collaborative Country Name Joint Sector Name Year Of Incorporation Year Of Gommercial Production Read. onice Address District State Pin Code. Tet. No. Fax No. Email: njl@kmel-kineticindia.com Auditors Cakhani & Go. Registrars Projects formia.bhogupert.com Auto 2 & 3 Wheelers Firodias Group NLA. NIA 1984 NA 429-A, Jain Shripal Bhavan,, Clerk olor indore, Madhya Pradesh 452014 9820-27472222 9620.27476849.0520-253087 Internet : http:/www.kineticewheelers.cd Company Status NA “Projects formina blogapare comm Name Link Intime India Pvt. Ltd. Address Block 202, 2nd Floor, Akshya Complex, Off Dhole Pat Maharashira, Tet. No. : 26051629, 26050084 Fax No. : 26053503 Email : pune@linkintime.co.in Location Details - Kinetic Motor Company Location Type Address Head Office D1 Block, Plot No.18/2, Chinchwad. Pune 411019. Maharashtra ~ incia Phone» 27602222 Fax Email : jane@kineticindia.com Internet = NLA. Registered Office Plot No 2, Industrial Area No 1, Pithampur Dhar District 454775. Madhya Pradesh - India Phone : 253009 253010 253011 253012, 253015, ° Pax : 253087 253158, 253159 Email: njl@kmel-kineticindia.com Intorner | NA, Head Office/Share Neeta Towers, Mumbai Pune Road, Department Pune - 411012 Maharashtra — incia Phone : 779903,779914,778307,779904,7146903 Fax: 779906- 7146806 Email NLA. Interner : NUA, Factory/plant Pitha mpur, Dnar District - 454775 Madhya Pradesh ~ India Phone Fax Email: NA Internet : NUA, Factory/plant Delhi Road Meerut - 250002 Uttar Pradesh — India Phone Factory/piant Factory/plant Registered Office Corporate Office Factory/plant Fax Email: NA. Interner : NUA. Supa Parmer, Ahmednagar District - Maharastra -Incia Phone Fax Email: NLA, Internet : NA. Pithampur, Dist. Dhar Dhar District 454775 Madhya Pradesh - India Phone Fax Email: NLA. Internet = NCA. 429-A, Jain Shripal Bhavan, Clerk Colony, Pardeshi indore > 482074 Madhya Pradesh - India Phone : 27472222, 253009, 253010, 253011, 25301 25 Fax : 27475843, 253087,2531558/9 Email: njl@kmcl-kineticindia.com Internet NA. D1 Block, Plot No.18/2, Chinchwad Pune 4i1019. Maharashtra inca Phone : 27602222 Fax Email : jane@kineticindia.com Internet | NLA. Supa Parner Ahmednagar District Maharastra -Incia. Phone Fax Email: NA, Internet : NLA, “Projects formina blogapare comm Products Brands Motorcycles Scooters Utility Vehicies + King Economical and Fun + Luna Customized Products of Kinetic Kinetic, in addition to two-wheeler range, develops customized products for certain countries. Some of the customized products are mentioned below: Electric scooter Go kart Children’s bikes Modified scooters for the disabled Delivery vehicles Police vehicles Emergency medical assistance vehicles Company Flashback Kinetic Group, as a whole, sold more than 6 million vehicles in India. The company has 4 history of innovation and pioneering and has introduced Several concepts that have revolutionized the two wheeler industry. It brought the concept of personalized transport in the country with the launch of the moped ‘Luna’ in 1974. Kinetic, In 1984, brought to the market the first-ever gearless scooter which has come to symbolize comfort, convenience and universal appeal. The credit of technologies like four valve engines, electric start on scaoters and motorcycles, V- twin engines, USD forks ete. goes to this company. Kinetic is the only company in india to offer top-end world class bikes Comet and Aquila to the bike market, The following are the achievements of Kinetic + Presently, Kinetic vehicles are sold in more than 40 countries Including North America, Europe, Australia, Central America, South Armorica, Africa, Middle East and Asia. More than 150, 000 vehicles are exported. 25,000 vehicles, exported to USA. Kinetic is the winner of 14 Exports Exellence awards on state and national level Including the prestigious national wophy for top export performance: Have assembly lines in many countries in Africa, Asia and Latin America. Projects formia.bhogupert.com Maruti Suzuki Company profile: Maruti Suzuki India Limited (MSIL, formerly Maruti Udyog Limited), a subsidiary of Suzuki Motor Corperation of Japan, is Indlia’s largest passenger car company, accounting for over SO per cent of the domestic car market. Corporate governance: In India, ‘Corporate Gavernance’ standards for listed companies are stipulated by Securities and Exchange Board of India ( SEB!) through a special provision: Clause 49 of the Listing Agreement Governance’ practices even before Clause 49 became applicable and these practices form an integral part of the company’s governance culture, ‘The Company strives to foster a corporate culture in which high standards of ethical behavior, individual accountability and transparent disclosure are ingrained in all t= business dealings and shared by its Board of Directors, Management and Employees. The Company has established systerns & procedures to ensure that its Board of Directors is wellinformed and well-equipped to fulfill its overall responsibilities and to provide the management strategic direction it needs to create long-term shareholder On its Beard, the Company has four non-executive: Independent Directors of high stature from varied Backgrounds, whe bring with them rich experience and high ethical standards. In recent years, the Company has evolved a Control Self Assessment mechanism to Projects formia.bhogupert.com “Projects formina blogapare comm evaluate the effectiveness of internal controls aver financial reporting. Key Internal controls over financial reporting were identified and put to self assessment by control owners in the form of Self Assessment Questionnaires through a web based online tool called “Control Managers: Full Range of cars We offer 14 brands and over 150 variants ranging from people’s car Maruti 500 to International brands = Alto, Alto-K10, A-star, Wagon, Swift and Estilo, off-roader = SS0 Sto BSS SASS ote 25 vears of trust ourselves with the needs of customers, See how we have done that over the 25 years a Delight isnot tal forth P: ther the fon finds roots in th: “Taking f lth. pirit the, company is committed to serve many more customers through a numerous way..in About us Maruti Suzuki India Limited (MSIL, formerly known as Marutt Udyog Limited) is a subsidiary of suzuki Motor Corporation, Japan. MSIL has been the leader of the Indian car market for over two and a half decades. The company has two manufacturing facilities located at a combined capability to produce over a 1.2 million (1,200,000) passenger car units annually. The company plans to expand its manufacturing ca pacity to 1.75 million by 2013. For this the company will be Investing around Rs. 60 Billion (RS 6,000 Crores) aver the period till 2013. The company offers a wide range of cars across different segments. It offers 14 brands and over 150 variants - Maruti 800, people movers, Omni and Eeco, international brands Alto, Alto-K10, A-star, WagonR, and Swift OZire In an environment friendly initiative, im August 2010 Maruti Suzuki introduced factory fitted CNG option on 5 models across Vehicle segments. These include Eeco, Alto, Estilo, Wagon R and 5x4. manufacture and sell One Million cars in a year, Maruti suzuki has employee strength over 7,600 (as at end March 2010), In 2009-10, the company sold a record 10,1,365 vehicles including “Projects formina blogapare comm 147,575 units of exports. With this, at the end of March 2020, Marutt Suzuld had a market share of 53.3 per cent of the Indian passenger car market (including © segment) Maruti suzukt's revenue has grown consistently over the years (Rs. 2006-07 145,922 2008-09 203,583 2007-08 1.78,603 2009-20 3,01,198 The company is listed on Bombay Stock Exchange and National Stock Exehange. The Government of Japan has honoured Maruti Suzuki with the METI received this prestigious award. Partmer for the joint venture Sanjay Gandhi owned the Maru Technical Services Limited. which ran into government assigned a delegation of Ind: hno« Projects formia.bhogupert.com “Projects formina blogapare comm collaborator for the project. Inial rounds of discussion were held with the Elant: of the automobile industry in Japan inclading ‘Toyota, Nissan and Honca, Subly massaged their Undian dclegation's) eaos ced them about the sincerity of Suzuki's bid, Suzuki in return received a lot of help from the Bovernment in such matters as import clearances for manufa be equipment Ggainat the Wishes of the Indian machine tool indusuy then and its own Soclalistic Ideology). land purchase at government prices for setting up the factory Gurgaon and reduced or removal of excise tariffs, This ensured that Susuki conscientiously nursed Maruti Suzuli through its infancy to become one Joint venture related issues Marui Suzuki's A-Star Vehicle during its unveiling in Pragati Maidan, Delhi. a- Siar. Suzuki's filth global car model, Was designed and is made only in tnclis Besides being Suzuki's largest subsidiary in terms of car sales. Marut Suzuki is also Suzuki's loading research and development arm outsice Japan Relationship between the Government of India, under the United front (india) coalition and Suzuki Motor Corporation over the Suzuki Motore was a point of heated debate in the Indian media till Suzuki Motor Corporation gained the controlling stake, This highly profitable joint venture that had a near monopolistic Wade in the Indian automobile market and the nature of the partnership built up till then was the underlying reason for most issues. The Success of the joint venture led Suzuki to increase its cqwity from 2600 to 40% 1987. and further to 50% in 1992. In 1982 both the venture partners hac entered into an agreement to nominate their candidate for the post of Mi Director and every Managing Director Will have 4 tenure of five years Initially RC. Bhargava was the manauzing: dircetor of the company since the inception of the Jor Itoday he t= regarded as instrumental for the Suceows of Marui Susukl 1g in 1542 he held several key positions in the company before hending the company as Managing Director. Currently he in on the Bonrd of Directors. After completing fs five year tenure, Mr Bhargava | Mr. SIS.L.N. Bhaskarudu as the Managing Director on 27 August 1907. Mr Bhaskaradu had joined Maruti Suzuld in L983 after spending 21 year 19 the Manager Later in 1987 he war promoted as Chief General Manager, L988 ax Director, Productions and Projects, 1989 Director, Materials snc i 1903 as ging Director Suzuki Motore Corporation didn't attend the Annual General Meeting of the Board with the reason of it being called on'a short notice. Later Suzuki Motor (Corporation went on record to state that Mr Ethaskarack was “incompetent” and Projects formia.bhogupert.com “Projects formina blogapare comm wanted someone else. However, the Miniswy of Industries, Government of India refuted the charges, Media stated from the Maruti Suzuki sources that Bhaskaracdu was interested to. lost of components for the models including gear boxes especially for Maruti SOO, Suruki also felt that Bhaskarudt Wasa proxy for the Goverment and Would not let it increase His stake 4n the Venture If Maruti Suzuid would have been able to indigenise ge Maruti Suzuki would have been able to manufacture all the models without the technical assistance from Suzuki. Till today the issue of localization of gear boxes is highlighted in the press in trained when Sunni Motor Corporstion moved to DelhiilHigh (Coun to bring # stay order against the appointment of Mr. Bhasicarada. The issue was resolved in an out-of-court settiement and both the partis agreed that RS S1LN Bhaskarudu would serve up to 31 December 1999. and Trons 1 January 2000. Jagdish Khattar, Executive Director of Maruti Udyos Limited would assume changes a the M: Many poli Iocalize manufacturing and reduce amports. This remains true, even today the Bour boxes are still imported from Japan and mre nascrnbled ut the Gurgaon Facility. jane believed, [edit] Current sales of automobiles India's Corps of Military Police personne! patrolling the Wagah border crossing Maruti WagonR Maruti Suzuki Zen Estilo Maruti Suzuki Swift DZire Manufactured Locality 800 (Launched 1983) Omni (Launched 1984) Gypsy (Launched 1985) Wagon R (Launched 2002) Alta (Launched 2000) Swift (Launched 2005) Estilo (Launched 2009) 5x4 (Launched 2007) Swift Dzire (Launched 2008) 10.A-star (Launched 2008) 11 Ritz (Launched 2009) 12. €eco (Launched 2010) 2 4 7. 8 “Projects formina blogapare comm Imported Suzuki Grand Vitara 2. Grand Vitara (Launched 2007) Discontinued Gar Models 1000 (1990-1994) Zene(1993-2006) Esteem (1994-2008) Balen (1999-2007) Zen Estilo (2006-2009) Versa (2001-2010) Grand Vitara XL7 (2003-2007) a. a 7 Manufacturing Facility :- Maruti Suzuki has two state-of the-art manufacturing facilities in India. Both Pinnufactucing Secliies hava sicarabined production capecits.aF l250,000 Vehicles annually, Gurgaon Manufacturing Facility ‘The Gursaon Manufacturing Fact plants and is spread over 300 acres (L2 km). All Gace plants have an installed Projects formia.bhogupert.com “Projects formina blogapare comm eapacity of 350.000 Vehicles annually bur productivity improvements have ‘Shabled it to manufacture 700,000 Vehicles annually. The Gursaon facilites Also mantsfacture 240,000. K-Sertes engines anmaally. ‘The entire facility 4 quipped with more than 150 robots, Out of which 71 have been developed Ommi. Gypsy and Heco. “we feat] Manesar Manufacturing Faciity "The Manesar Manufacturing Plant was inaugurated in February 2007 and is spread over 600 acres (2.4 km®)- Iniually it had a production capacity of 100,000 Vehicles annusliy but tis was increased to 300,000 vehicles annually in October 2008. The production capacity was further increased by 250,000 Vehicles taking total production capacity t 550.000 vehicles annualy. The Manesar Plant produces : re ancl S3e4. [eat] Sates ana service network Maruti Suzuki is one of the companies in India which has unparalleled sales and service network. As of March 2010 it has 802 dealerships across 555 towns and Cities in India. ‘To ensure the vehicles sold by them are serviced properly, Maruti Suzuki has 2,740 workshops Gncluding dealer workshops and Meru Authorised Service Stations) in 1.535 townm and cities! thas 30 Express Service Stations on 30 National Highways across 1.3144 cities in India. The company is planning to expand the number of dealerships to 1,500 by 2015.4! Service is a major revenue generator of the company. Most of the service Stations are managed on franchise basis, where Maruti Sucuki trains the local MAE. Other automobile companies have not been able to match this bench nnirk Set by Maruti Suzuki. ‘The Express Service stations help many stranded Vehicles onthe highways by sending across Iheir repairman to the vehicle Maruti Susulé India Limited (Hindi: 173TS app 8 fer FATE) « partial subsidiary of Suzuki Motor Corporation of Japan. is India’s largest passenger Gar company. accounting for over 45% of the domestic car marker. ‘The Company offers a complete range of cars from entry level Maru #00 and Alec tomtylish hatchback a“ { Waaag Re, Halil, ane sedans 1 DCP and Sports Utility vehicle Grand Vitara! Tesi tity ew Som AaAG TATRA SRA NR pRORASE ene aetLEaCE hia Nt cane. Ie in lnegely credited for having brought in on autemobila revelation te India, It is the market loader in India and on 17 September 2007, Marud Udy oy “Projects formina blogapare comm Limited was renamed Maruti Suzuki India Limited. 1 headquarters are located in Delhi YAMAHA MOTERS PVT LTD ABOUT YAMAHA MOTERS VISION OF YAMAHA MOTERS MISSION OF YAMAHA MOTERS COMMITED TO OTHER pe company’s > DABOUT & HISTORY OF YAMAHA MOTERS: 30:30 jo: with the in August 2001. Yamaha acquired its remaining stake becoming a 100% subsidiary of Yamaha Motor Co. Lid. Japan (YMC). In 2008, Mitsui & Co. Led. entered into an manufacturing Company “India Yarnaha Motor Private Limited (LY M)" and export markets. With a strong workforce of more than 2.000 employees. IYM is highly. customer-driven and. ‘Countrywide network of over 400 dealers. Presently, it= product. portfolio inchades VMAX (1.679cc), MTOL (.670ce), YZF-RL (998ce).YZF-RIS (150ce (is3ee), FZ-S (U53ce), P216 Ussce), SZ& SZ-X (1Ssce), SS125 (123cc), YER 125 (123ce), YER 110 (106ce) and Crux (106ee). > “VISION OF YAMAHA MOTERS” establish YAMAHA as the “exclusive & trusted brand” of customers by ig Karidis” (touchirig theie Newrta)

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