Automobile industry in india Subject:- Economic Geography Presented By:- Showkat Majeed Presented to:- Dr.Mohd Waseem Naikoo Enrollment No:- 23067220015
Automobile industry in india Introduction of automobile industry Significant of automobile industry Growth of automobile industry in india Location factors of automobile industry Distribution Challanges faced by automobile industry Impact of covid -19 pandemic Govt policies
INTRODUCTION of automobile industry The automobile is made up of two-word auto( self )+ Mobile( movable ). Automobile refers to self-movable vehicles without the help of man or animal force. The automobile vehicle is used for transportation of goods and passenger by various means Road, track, water, or airway. Automotive industry refers to all those industries/companies which are involved in the manufacture of motor vehicles, including most component.
Significant Of Automobile industry 7.1% contribution of automobile sector to indian GDP India become the 5 th largest Automobile industries in the world in 2019 Nearly 35 Million people are Dependent on the Sector for Employment
Significant of automobile industry The Automobile Sector witnessed FDI of 25.4 billion between 2000 and 2020
Significant of automobile industry Low cost manufacturing Skilled labour Huge domestic demand Favourable Govt policies India was 30 th place on the Global manufacturing index released by the “ WORLD ECONOMIC FORUM”
Growth of automobile industry in india 1940 to 1970 In india passage care were first produces in 1940 In 1952, ‘ Tariff Commission ’ set up to recommend suggestio for Augmenting the Production Import substation policy ,placed restrictions on fully built up care .
Growth of automobile industry in india Bus and truck production increased
A heavy vehicles factory was set up in Avadi , Chennai in 1965 to promote the vehicles manufacturing in India. Growth of automobile industry
Growth of automobile industry
Growth of automobile industry 1970 t0 1990 Restrictions on vehicle import continued Price control were removed Green revolution ,farm tractor increased Later on govt realised Govt Liberlised FDI norms
Growth of automobile industry In 1981, Maruti Udyog Limited (MUL) was incorporated as a government company and Suzuki invest $260 million
Growth of automobile industry The LPG reforms adopted by the government in 1991, further opened the gate for more investments
Growth of automobile industry 1997 foreign partners majority 51% share hold permission
Growth of automobile industry The ‘Bharat Stage Emission Standards’ were brought in 2000 to control the vehicular emission
Distribution of automobile industry
Factors responsible for growth of this sector Role of Domestic demand High FDI Growth 2 nd Largest Road network .
Challanges Lack of Skilled labour Low information and communication technology penetrative Disruptive new give regulation Hamper industrial growth Covid-19 pandemic, the fluctuations in GST rates have also created severe challenges for the sector
Measures Taken by Govt 12% GDP Create 65 million jobs in the automobile manufacturing sector
Measures taken by Govt
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