Industry plays a vital role in any kind of business activity. The term “industry” used to illustrate the accurate business activity or a more general business activity with the facilitate man and machine is known as industry. The term industry is having different meanings. It has taken form the Latin word industrial, meaning “diligent activity directed to some purpose, “ and In old French word industrie, means “actitvity”, “ablity,” and “a trade or occupation,” and in our word originally meant “skill,” “a device,” and “diligence” as well as “a trade.” We can divide industry into four categories they are Primary, Secondary, Teriary, and Quaternary. Secondary industries are nothing but manufacture or process of raw materials into somethind different. Automobile industry is also come in this segment. Automobile industry is the business of producing and selling self-powered vehicles, including passenger cars, trucks, farm equipment, the greatest creations of man, is “Automotive Car” or popularly known as the “Car”. It is a result of man’s consistent efforts and perseverance.
Evolution of Automobile Industry
The ancient automobile industry actually goes back to 4000 years when the first wheel was used for transportation in India. In the beginning of 15th century Portuguese arrived in China and the interaction of the two cultures led to a variety of new technologies, including the creation of a wheel that turned under its own power. By 1600s small steam-powered engine models was developed, but it took another century before a full-sized engine-powered vehicle was created. The automobile industry has changed the way people live and work. Though the credit for the modern day automobile goes to Karl Friendrich Benz (form Germany) He made the first theoretical plans for a motor vehicle was conceptualized by both Isaac Newton and Leonardo da Vinci. In 1769 Nicholas Joseph Cugnot, form France built the first self-propelled road vehicle (military tractor) for the French Army. It was a three-wheeled vehicle with a maximum speed of 2.5 mph. 1.3
Growth of automobile Industry
The growth of automobile industry was emerged in India in the 1940s. Following the independence, in 1953, the Governmemt of India and the private secotor launched efforts to creat an automotive component manufacturing industry to supply to the automobile industry. However, the growth was relatively slow in the 1950s and 1960s due to nationalization. After 1970, the automotive industry started to grow, but the growth was mainly driven by tractors, commercial vehicle and scooters. Cars were still a major luxury. Japanese manufacturers entered the Indian market ultimately leading to the establishment of Maruti Udyog. A unmmber of foreign firms initiated joint ventures with Indian companies. The earliest of modern cars was manufactured in the year 1895. Shortly the first appearance of the car followed in India. As the century turned, three cars were imported in Mumbai and during the decade there were total of 1025 cars in the city. 1.4
Strength of automobile Industry
The strengths of automobile industry are many, which are nothing but the power or backup which it has. In India we have large no of human rwsource and raw materials. It is the ninth largest in the world with an annual production of over 2.3 million units in 2008. In 2009, India emerged as Asia’s fourth largest exporter of automobiles, behind Japan, South Korea and Thailand. India has emerged as one of the world’s largest manufacturers of small cars. Accouding to New York times, India’s strong engineering base and expertise in the manufacturing of low-cost, fuel-efficient cars has resulted in the expansion of manufacturing facilities of several sutomobile companies like Hyundai Motors, Nissan, Toyota, Volkswagen and Suzuki. Productivity improvements take place in the way of Process Management, Part Planning and validation, and...
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