Preview

TOYOTA KIRLOSKAR Autosaved

Best Essays
Open Document
Open Document
9637 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
TOYOTA KIRLOSKAR Autosaved
CONTENTS

Chapter 1 – Introduction 2
1.1. Overview of Industry 2
1.2. Profile of the Toyota Company 6
1.3. Growth of the Toyota Company 10
1.4. S.W.O.T Analysis of the Toyota Company 32
1.5. Competition Information 34

Chapter 2 - Objective & Methodology 35
2.1. Significance 35
2.2. Managerial usefulness 36
2.3. Objectives 37
2.4. Scope of the study 37
2.5. Methodology 38

Chapter 3 – Conceptual Discussion 40
(Theoretical Backdrop & Literature Review)

Chapter 4 - Data Analysis 43

Chapter 5 - Findings and Recommendations 54

CONCLUSION 56

REFRENCES 57

CHAPTER 1 - INTRODUCTION

1.1. OVERVIEW - INDIAN AUTOMOBILE INDUSTRY

Over a period of more than two decades the Indian Automobile industry has been driving its own growth through phases. The entry of Suzuki Corporation in Indian passenger car manufacturing is often pointed as the first sign of India turning to a market economy. Since then the automobile sector witnessed rapid growth year after year. By late-90's the industry reached self-reliance in engine and component manufacturing from the status of large scale importer.

With comparatively higher rate of economic growth rate index against that of great global powers, India has become a hub of domestic and exports business. The automobile sector has been contributing its share to the shining economic performance of India in the recent years.

The key players like Hindustan Motors, Maruti Udyog, Fiat India Private Ltd, Tata Motors, Bajaj Motors, Hero Motors, Ashok Leyland, Mahindra & Mahindra have been dominating the vehicle industry. A few of the foreign players like Toyota Kirloskar Motor Ltd., Skoda India Private

You May Also Find These Documents Helpful

  • Good Essays

    Classic 500 Case Study

    • 6716 Words
    • 27 Pages

    The car part is one of the greatest businesses on the planet. Being a noteworthy income and occupation producing area it drives the economies of a portion of the superpowers of the world. In India the vehicles business has developed rapidly since the coming of the liberalization period the car business and particularly the bike portion has developed quickly.…

    • 6716 Words
    • 27 Pages
    Good Essays
  • Satisfactory Essays

    The liberalization policies in 1991 opened up India to new import and export possibilities. To encourage investments, the government launched series of new policies in 1990s to help growing their economics. For vehicle industry, there was total population of 1.1 billion people in India which is an obvious potential opportunity for auto makers.…

    • 791 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Market Demand of Bmw

    • 565 Words
    • 3 Pages

    Being a small car market, India was never a favorite destination for top car manufacturers in the world. It’s a different story today. The great Indian auto industry has stunned the world by becoming one of the fastest growing auto industries in the world today. Almost every luxury car maker has set up their base in India today, including Aston Martin, Ferrari, Porsche, Jaguar, Mercedes Benz, BMW, AUDI, Bentley, Rolls Royce, and a few more are on their way. For the past two calendar years, 2009 and 2010, BMW came out on top as they sold the highest number of cars in the luxury segment in India.…

    • 565 Words
    • 3 Pages
    Good Essays
  • Good Essays

    When we consider the single largest manufacturing sector in the world, then the automobile sector dominates the other sectors. Automobile Industry is taken as a major source of income in Unites States and Japan. In both these countries more than ten percent of employment is generated from the automobile sector. In the year 2009, the worldwide figure of the produced car and commercial vehicle reached to 60 million. Year 2007 was incredible for automobile sector of the world, in this year total 79.9 million automobiles were sold in the world. Approximate 23 million cars and commercial vehicles were sold in Europe alone…

    • 880 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Stp of Tata Nano

    • 2005 Words
    • 9 Pages

    In the post globalized era where India is looking at growth rates of more than 8%, one of the main beneficiaries of India’s growth story is Automobile Industry. Termed as“Industry of Industries” . Automobile industry has been one of the indicators of a country’s economic prosperity, as major population of Indian economy is turning out as middle class society. Prior to the 1991 liberalization, auto industry in India was controlled and licensed by the government. Post 1991, the industry has grown at an average rate of 17%. Currently contributing to around 5% of the GDP, this is expected to rise to 10% of GDP.…

    • 2005 Words
    • 9 Pages
    Good Essays
  • Powerful Essays

    The industry is estimated to be a US$ 34 billion industry with exports contributing 5 per cent of the revenues. The growth of the Indian middle class with increasing purchasing power along with the strong growth of the economy over the past few years has attracted global major auto manufacturers to the Indian market. Moreover, India provides trained manpower at competitive costs making India a favored global manufacturing hub. The Indian automobile industry is going through a technological change where each firm is engaged in changing its processes and technologies to maintain the competitive advantage and provide customers with the optimized products and services. The de-licensing of the sector in 1991 and the subsequent opening up of 100 per cent foreign direct investment (FDI) through the automatic route marked the beginning of a new era for the Indian automotive industry. Since then almost all the global major automobile players have set up their facilities in India taking the level of production of vehicles from 2 million in 1991 to 10.83 million in 2007–08. Stagnation of the auto sector in markets such as Europe, US and Japan on the other, have resulted in shifting of new capacities and flow of capital to the Indian auto industry. The Indian automobile industry has been growing at the rate of 15–27 per cent over the past five years. In two wheelers industry, Indian companies are the largest manufacturers in the world. Bikes are a major segment in the industry, the other two being scooters and mopeds. Moreover, Indian car makers are earning acclaim worldwide. The home-grown automaker, Marti Suzuki has emerged as the fourth most reputed among The Hero Honda story began with a simple vision – the vision of a mobile and an empowered India, powered by Hero Honda. This vision was driven by Hero Honda’s commitment to customer, quality and excellence, and while doing so, maintains the highest standards of ethics and societal…

    • 14805 Words
    • 60 Pages
    Powerful Essays
  • Powerful Essays

    Indian automobile industry currently contributes 5% to India’s current GDP of $1.4 trillion. The projected size in 2016 of the Indian automotive industry varies between $ 122 billion and $ 159 billion including USD 35 billion in exports. This translates into a contribution of 10% to 11% towards India’s GDP by 2016, which is more than double the current contribution. We can safely assume the passenger car market as a whole grows in the same phase if not more than mentioned above. Passenger cars have sub classifications with in them and they are as follows:…

    • 2565 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    As the Indian economy bounced back and grew by 7.2% in 2009-10, the automotive industry in India recorded steady growth in the first two quarters and recorded significant growth in the last two quarters of 2009-10. The commercial vehicle industry grew by 40.1% compared to the decline of 17.4% in 2008-09. The passenger vehicle industry, which had showed a decline of 0.5% in the previous year, grew by 24.8% in 2009-10.…

    • 928 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    Hero Moto Corp Case Study

    • 4406 Words
    • 18 Pages

    The Automotive industry in India is one of the largest in the world and one of the fastest growing globally. India manufactures over 18 million vehicles (including 2 wheeled and 4 wheeled) and exports more than 2.3 million every year1. It is the world's second largest manufacturer of motorcycles; there are eight key players in the Indian markets that produced 13.8 million units in 2010-11.At present the dominant products of the automobile industry are Two Wheelers with a market share of over 75% and passenger cars with a market share of about 16%. Commercial vehicles and three wheelers share about 9% of the market between them. The industry has attained a turnover of more than USD 35 billion and provides direct and indirect employment to over 13 million people. The Indian two-wheeler industry has come a long way since its humble beginning in 1948 when Bajaj Auto started importing and selling Vespa Scooters in India. Since then, the customer preferences have changed in favor of motorcycles and gearless scooters that score higher on technology, fuel economy and aesthetic appeal, at the expense of metal-bodied geared scooters and mopeds. These changes in customer preferences have had an impact on the fortunes of the players. The erstwhile leaders have either perished or have significantly lost market share, whereas new leaders have emerged.…

    • 4406 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    The Indian economy has been significantly stable, since the introduction of the industrial reform policies. According to the policy, reduction in industrial licensing, liberalization of foreign capital has resulted in a constant improvement of India’s economic environment. India registered a GDP of $5.07 trillion in 2013 and further improved GDP growth rate of 5% in 2014 as compared to 4.35% in 2013. As the per capita Income is rising, which is affecting the segments of various automobiles being ventured into. The concept of servicing in auto industry has changed into customer care now, thus inreasing the greater value into…

    • 747 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    One of the major global automotive industries in the coming years. A number of domestic companies produce automobiles in India and the growing presence of multinational investment, too, has led to an increase in overall growth. Following the economic reforms of 1991 the Indian automotive industry has demonstrated sustained growth as a result of increased competitiveness and relaxed restrictions. The monthly sales of passenger cars in India exceed 100,000 units.…

    • 7704 Words
    • 31 Pages
    Powerful Essays
  • Powerful Essays

    Automotive Industry, globally, as well in India, is one of the key sectors of the economy. Due to its deep forward and backward linkages with several key segments of the economy, automotive industry has a strong multiplier effect and acts as one of the drivers of economic growth. The well-developed Indian automotive industry produces a wide variety of vehicles: passenger cars, light, medium and heavy commercial vehicles, multi-utility vehicles such as jeeps, scooters, motor-cycles, mopeds, three wheelers, tractors and other agricultural equipments etc. The sector has tremendous potential for providing employment. This will increase the present figure of employment in manufacturing sector which presently is quite low at 12% as compared to the countries like Malaysia (50%); Korea (62%) and China (31%).…

    • 1990 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    One of the major industrial sectors in India is the automobile sector. Subsequent to the liberalization, the automobile sector has been aptly described as the sunrise sector of the Indian economy as this sector has witnessed tremendous growth.…

    • 5017 Words
    • 21 Pages
    Good Essays
  • Good Essays

    Renault Story in India

    • 690 Words
    • 3 Pages

    Since 2012 the Indian automobile industry is going through a tumultuous period. Worsening macro-economic conditions within the country, high interest rates and rising input costs are fast eroding the profitability of most of the car manufactures. Despite price cuts and other incentives, car sales in India remained sluggish. Analysts are pointing to a second straight year of declining sales in what was one of the world’s fastest growing auto markets.…

    • 690 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    2nd 3rd 5th Automobile Industry – A Global Hub • • • • • 15 manufacturers of passenger cars and multi-utility vehicles, 9 manufacturers of commercial vehicles, 16 manufacturers two/ three wheelers, 14 manufacturers tractors, 5 manufacturers of engines. Key drivers for the growth of Indian Auto industry Finance Availability Poor public transport system Improved Infrastructure Low car penetration…

    • 785 Words
    • 13 Pages
    Satisfactory Essays