The cars sector is divided into four sections – two-wheelers ( mopeds. scooters. bikes. electric two-wheelers ) . rider vehicles ( rider autos. public-service corporation vehicles. multi-purpose vehicles ) . commercial vehicles ( light and medium-heavy vehicles ) . and three Wheelers ( rider bearers and good bearers ) . The industry is one of the cardinal drivers of economic growing of the state. Since the delicensing of the sector in 1991 and the subsequent gap up of 100 per centum FDI through automatic path. Indian car sector has come a long manner. Today. about every planetary car major has set up installations in the state.

The universe standings for the Indian car sector. as per the Confederation of Indian Industry. are as follows: * Largest three-wheeler market * Second largest two-wheeler market * Tenth largest rider auto market * Fourth largest tractor market * Fifth largest commercial vehicle market * Fifth largest coach and truck section The car sector reported a robust growing rate of 26 per centum in the last two old ages ( 2010-2012 ) . The BSE AUTO Index outperformed the benchmark Nifty by 79 % . 12 % and 19 % in FY10. FY11 and FY12. severally. However. the sector has shown a sulky growing of 12 per centum in 2012.

The tendency is likely to remain with a 10 per centum growing outlined for 2013 mentioning high ownership costs ( fuel costs. cost of enrollment. strike responsibility. route revenue enhancement ) and slow rural income growing. Solid but cautious growing is expected over the following few old ages. However. from a long-run position. lifting incomes. improved affordability and untapped markets present promising chances for car industries in India. Harmonizing to Macquaire equities research. sale of rider vehicles is expected to duplicate in the following four old ages and growing anticipated is higher than the 16 per centum achieved in the past 10 old ages.

Two-wheeler vehicle section is expected to demo slow growing of 10 per centum CAGR over the period of 2012-2016. suggests the study. The Government recognizes the impact of the sector on the nation’s economic system. and accordingly. the Automotive Mission Plan 2016 launched by it seeks to turn the industry to a size of US $ 145bn by 2016 and do it lend 10 per centum to the nation’s GDP. The ICRA analysis of the Indian market undertakings heavy growing for competitively priced sports-utility-vehicles or SUVs and two Wheelers.

A figure of major planetary trade names like Honda. Suzuki. General Motors and Hyundai have launched their merchandises in the SUV section of the Indian car market. An norm of 11. 5 % growing in the two-wheelers gross revenues in 2004-2007 has kept a figure of planetary companies interested in this section every bit good. The market has been furthermore bolstered by a healthy rise in the gross revenues of heavy commercial vehicles. and the presence of a strong car constituent industry that now ranks 2nd in the universe. One of the best things to go on for the Indian car market in the recent old ages was its revealing betterment in the export sector.

There was a 56 % growing in exports from 2003 to 2004. Although economic system autos continue to keep the lion’s portion of the export market. vehicles worth more than USD 1 billion were besides exported in 2004. for the first clip in history. This increasing demand for Indian autos on the foreign shores has helped the country’s car industry in two important ways. First. it has unquestionably contributed to the economic growing of the industry. Second. it has helped to better the image of the Indian fabrication substructure at a planetary degree.

This increased assurance has resulted in more and more foreign trade names opening fabricating units in India. straight lending to economic system and employment. With a figure of foreign trade names fall ining ranks with the domestic makers. the Indian consumer is now flooded with pick. An mean Indian can now choose from a broad scope of Indian and foreign merchandises. Some of the major Indian participants are Maruti Udyog. Tata Motors. Mahindra. Ashok Leyland. Hero Honda and Bajaj. Toyota. GM Honda. Daimler Chrysler. Ford. Volvo and Hyundai Suzuki are the cardinal international participants in the Indian Automobile market.

However. despite the presence of foreign trade names. the domestic companies are still the biggest participants. Maruti Udyog and Tata vehicles portion the top awards for rider and commercial vehicles severally. The Indian car industry is now siting high on success. and the bright image does be given to befog the jobs and challenges that lay on the path of its growing. Poor route conditions. heavy pollution and big graduated table traffic related accidents are serious hindrances in the manner of the industry’s growing.

However. stairss are being initiated by the authorities to turn to these jobs at assorted degrees. and solutions are being worked out at a steady gait. Indian Automobile Industry SWOT Analysis Job chances in car sector The economic system is flourishing and wages are whizzing. With an addition in buying power of people in our state. India’s car industry has become one of the fastest-growing in the universe right now. With more disposable income and low-cost autos like Nano hitting the route. auto gross revenues have touched new highs. To capitalize on this chance. many foreign companies are spread outing their operations in India.

It is for this grounds that there are plentifulness of occupation gaps in car industry. For the right campaigners. the wage is large. Jobs are available across about all Fieldss – technology. research and development. finance. human resources. and information engineering. Harmonizing to the Confederation of Indian Industry. car sector presently employs 787. 7702 people. 58 per centum of who are in the rider auto section. However. there is an increasing demand for skilled professionals in the sphere of effectual service bringing. spares direction and support maps.

ITIs and Polytechnics provide 530. 000 alumnuss every twelvemonth. but there is an pressing demand for updating classs to maintain up with altering tendencies in engineering. fabrication. and processes. 2 most popular calling options for MBA ( at top degree ) in car industry- : Selling Head: How is BMW different from Toyota? A selling caput is responsible for constructing the trade name of the company. He has to place the company’s trade name. advance it at both domestic and international degree. so see its public presentation in the market vis-a-vis other rivals.

Qualifications: MBA with specialization in Marketing and minimal work experience of 10 old ages. Expected Wage: Wages range from Rs 800. 000 rupees to Rs 5 million ( $ 111. 000 ) . Some major transnational companies pay every bit much as 10 million rupees ( $ 224. 000 ) . Fiscal Analyst: A fiscal analyst plays a cardinal function in fixing the company’s concern programs. and is involved in the vehicle’s pricing and proposing ways to cut down cost of production. He will besides measure the advancement of the merchandise and studies its fiscal public presentation. He will besides maintain a cheque on the public presentation of competitors’ merchandises.

Qualifications: Companies typically look for campaigners with a post-graduate grade in commercialism. or master’s in concern disposal with a major in finance. At least an experience of 15 old ages is required. Expected Wage: Harmonizing to a study in Wall Street Journal. the wage of a fiscal analyst ranges from $ 67. 000 to $ 156. 000. Upcoming tendencies India is emerging as a strong automotive R & A ; D hub with foreign participants like Hyundai. Suzuki. General Motors puting up base in India. This move is further enhanced by Government’s support towards puting up Centres for development and invention.

Tata Nano’s successful entry in the Indian market has steamed up the chances of growing available in alternate sections like electric autos. vehicles run on natural gas. etc. Factors that will drive growing in the sector * Rising incomes among Indian population will take to increased affordability. increasing domestic demand for vehicles. particularly in the little auto section. * Fuel economic system and demand for greater fuel efficiency is a major factor that affects consumer purchase determination that will convey taking companies across two-wheeler and four-wheeler section to concentrate on presenting performance-oriented merchandises.

* Product invention and market cleavage will steer growing. Vehicles based on alternate fuels will be an country of involvement for both consumers and car shapers. * Focus on set uping India as auto-manufacturing hub is reigning in policy support in signifier of Government’s engineering modernization fund. * Industry will seek to augment gross revenues by tapping into rural markets. young person. adult females and luxury sections.