Hardik Bharatbhai Desai
Study on the Automotive Car Industry in India: scenario analysis and new future Business models.
Rel. Luigi Benfratello. Politecnico di Torino, Master of science program in Engineering And Management, 2020
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Abstract
The Indian Automotive Car Industry, it is one of the major industries as it is the fastest growing industry in the world as it has a strong democracy and global partnership. the demand is increasing day by day in this country to rise small car market in India. India is developing the 5th largest economy in the world and India holds the US $2.94 trillion nominal GDP and the US $10.51 trillion GDP (PPP). Later after the Indian government’s successful and impulsivity economic growth program focusing on economic policy in 1991, the automotive industry has drifted along. In consideration of the consequence of the sector at the world level, the current analytical research was conducted to analyze the latest updates and patterns to deliver inventory based on Porter’s five forces model.
Through economic and industrial reforms, the automotive car industry with low energy consumption has rendered it in attractive destination for worldwide automotive manufacture which is combined with an increase in per capita and expendable income of the working workforce
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