Manegerial Economics

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Topics: Tata Motors
| Jamnalal Bajaj Institute of Management Studies | | | | |

Sachin Patil

Roll No: 56

Managerial Economics

Projection of Sales of Tata Motors - Commercial Vehicles from Year

2012-2020

Sachin Patil

Roll No: 56

Managerial Economics

Projection of Sales of Tata Motors - Commercial Vehicles from Year

2012-2020

This is to certify that
Sachin Patil, Roll no.: 56, a student of Masters in Information Technology from Jamnalal Bajaj Institute of Management Studies has done his II semester project as a part of Managerial Economics under the guidance of Professor Varsha Malwade .
The project work entitled “Projection of Sales of Tata Motors - Commercial Vehicles from Year 2012-2020” embodies the work done during his II semester.

Date: 16th May, 2012
Professor: Varsha Malwade

Contents ACKNOWLEDGEMENT 3 Background of Auto Industry in India 4 Tata Motors - Commercial Vehicles (CV) 5 Correlation & Regression 7 Correlation – Tata Motors CV Sales v/s GDP,IIP and FDI 9 High Correlation of Gross Domestic Product (GDP) with CV Sales 10 High Correlation of Foreign Direct Investment (FDI) and CV sales 11 High Correlation of Index of Industrial Production (IIP) and CV sales 12 Regression Model – For Forecasting Vehicle Demand for 2012-2020 13 Forecasting Framework 14 Regression Model – Forecasting Equation 14 Goodness of Fit for forecasting model 15 Forecasting CV demand from 2012 to 2020 16 Conclusion 17

* ACKNOWLEDGEMENT

Through this acknowledgement, I express my sincere gratitude towards all those people who have helped me in the preparation of this project, which has been learning experience.
I appreciate the co-operation by the management and staff of ‘Tata Consultancy Services’ for having given me the opportunity to work in their office and providing me the learning experience of administration and management.

Background of Auto Industry in

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