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Career in Automobile Industry

The economy of India is one of the fastest growing economies and highly
dependent on various sectors such as automobile, KPO, BPO, mining,
telecommunication, retail, textile, agriculture, food and beverages etc. The
automobile industry in India has witnessed a rapid growth over the last
couple of decades and in recent years it has also captured the attention of
the whole world with some innovative products. It includes manufacturing
of cars, two-wheelers like motorcycles, scooters, bikes, passenger cars,
trucks, tractors, defense vehicles and buses. The automobile industry can
be widely divided into car manufacturing, heavy vehicle manufacturing
and two-wheeler manufacturing. It requires a skilled and trained
manpower with good technical knowledge. There are plenty of
employment opportunities for the qualified people and they can select
a career in Automobile Industry, which leads to bright future.

Scope of Automobile industry in India

Today, India is well known as a potential emerging automobile market


andjobs in the automobile industry are rising. Several foreign companies
have their investments in Indian automobile industry. India is the major
three-wheeler market and two-wheeler manufacturer in the world. It is also
the second largest manufacturer of tractors.
India is a home to many Indian and international automobile companies.
The candidates who have achieved bachelor's degree in mechanical,
electrical or automobile engineering are eligible to get good jobs in these
companies.

Automobile Jobs Opportunities


Many job opportunities are available for the candidates with diploma
courses and ITI courses. Some of the automobile companies require IT
specializations. The technical education is offered by plenty of engineering
and polytechnic colleges in India. The eligible candidates are selected by
the companies and then trained properly. Considering the wide scope of
Automobile sector, it is not surprising that more and more candidates are
dreaming to develop a career in Automobile Industry. Now, with so
many foreign automobile companies like Volkswagen, Audi, Renault etc
targeting India as a base for manufacturing cars, the scope for a career in
Automobile Industry is rising rapidly.

Automobile companies in India


As automobile industry is showing rapid growth in India, the country
becomes a house to numerous well-established automobile companies.
They offer excellent job opportunitiesto develop a career in Automobile
Industry. Some of the popular car-producing companies that offer jobs in
the automobile industry are- Suzuki, Toyota, Tata, Fiat, Honda, Mahindra
& Mahindra, Ford, Hyundai and Skoda. Manufacturing of two-wheelers is
dominated by the companies TVS, Bajaj Auto, LML, Kinetic, Yamaha and
Hero Honda. The tractors are manufactured by the popular companies like
Escorts, L&T, Mahindra & Mahindra, Punjab Tractors, John-Deere, New
Holland and ITL-Renault.

Top Ten Players in Indian Automobile


Sector
1. Maruti Udyog Limited
2. Hero Motors Limited
3. Tata Group
4. Bajaj Auto Limited
5. Mahindra Group
6. Ashok Leyland
7. Yamaha Motor India
8. Hyundai Motors India Limited
9. Toyota Kirloskar Motor Private Limited
10. Honda Siel Cars India Limited

Indian Auto Sector Update


By Angel Broking

Auto Sales continued the robust momentum in February 2010 as well


and touched record highs on the back of positive consumer sentiment
and partially due to pre-ponement of buying at dealers’ desk in
anticipation of roll back of Excise duty in the Union Budget. Volumes
of most players showed no signs of tapering off and recorded healthy
growth for the month. The Commercial Vehicle (CV) Segment
dominated the growth in February 2010 led by the Medium & Heavy
Commercial Vehicle (M&HCV) Segment, as the domestic recovery
was affirmed by the overall pick up in economic and industrial
activities. The Passenger Vehicle (PV) Segment also continued on
growth path following new launches and a confident consumer in the
market. The Two-Wheeler Segment too maintained its growth
momentum. Going ahead, we expect the demand to be strong, albeit
more normalised across segments, considering demand may have
peaked in the past few months prior to the expected price hikes post
the Excise Duty hike and spurt in Raw Material prices.

- Maruti Suzuki (Maruti) recorded a robust 22% yoy growth


registering highest ever monthly volumes at 96,650 units (79,190).
The company’s Exports consolidated at an expected run-rate of 11,800
units reflecting the effect of the discontinuation of scrappage norms in
Europe. Management is positive about Eeco, which gave a boost to its
C Segment resulting in 39.6% yoy growth. The PV Segment grew by
20.5% yoy. However, the MUV Segment declined 46.7% yoy.

- Mahindra & Mahindra (M&M) reported healthy volumes


at 41,814 units (29,017) led by growth in the Tractor Segment at
52.6% yoy supplemented by the 40.2% yoy growth registered by the
Automotive Division. Growth of the Automotive Segment was led by
the Utility Vehicles (UV), Light Commercial Vehicles (LCV) and
Three-wheeler Segments at 24.2%, 89.8% and 102.3% yoy,
respectively. The company performed exceptionally well on the
Exports front, growing at around 284.9% yoy. Management is
extremely confident of the continuation of the growth in demand as
the Budget increased allocation to Rural Development programmes in
turn particularly benefitting the Farm Equipment Segment of M&M.

- Tata Motors (TML) reported a robust 57.8% yoy growth in


total volumes, with the M&HCV Segment leading the growth at
91.3% yoy, followed by the LCV Segment growing at 55.5% yoy.
Exports also boosted the company's performance as it reported 124.5%
yoy growth partially on account of a low base resulting from the
downturn in FY2009. Passenger cars also showed healthy growth of
49.5% yoy on the back of new launches such as Manza clocking
volumes.

- Two- and Three-Wheelers: Hero Honda


(HH) reported strong growth registering 16.1% yoy growth for the
month and 4.2mn units YTD thereby exceeding management’s
expectations of ending FY2010 with estimated sales of 4mn units.
Bajaj Auto (BAL) led the pack with a striking 74.7% yoy growth with
its key brands, Pulsar and Discover, performing well during the
month. TVS Motor (TVS) clocked 31.0% yoy growth with its Scooter
and Moped Segments registering decent growth for the month.
Automobile industry in India

The Automobile industry in India is the seventh largest in the world


with an annual production of over 2.6 million units in 2009.[1] In
2009, India emerged as Asia's fourth largest exporter of automobiles,
behind Japan, South Korea and Thailand.[2] By 2050, the country is
expected to top the world in car volumes with approximately 611
million vehicles on the nation's roads.[3]

Following economic liberalization in India in 1991, the Indian


automotive industry has demonstrated sustained growth as a result of
increased competitiveness and relaxed restrictions. Several Indian
automobile manufacturers such as Tata Motors, Maruti Suzuki and
Mahindra and Mahindra, expanded their domestic and international
operations. India's robust economic growth led to the further
expansion of its domestic automobile market which attracted
significant India-specific investment by multinational automobile
manufacturers.[4] In February 2009, monthly sales of passenger cars
in India exceeded 100,000 units.[5]

Embryonic automotive industry emerged in India in the 1940s.


Following the independence, in 1947, the Government of India and
the private sector launched efforts to create an automotive component
manufacturing industry to supply to the automobile industry.
However, the growth was relatively slow in the 1950s and 1960s due
to nationalisation and the license raj which hampered the Indian
private sector. After 1970, the automotive industry started to grow,
but the growth was mainly driven by tractors, commercial vehicles
and scooters. Cars were still a major luxury. Japanese manufacturers
entered the Indian market ultimately leading to the establishment of
Maruti Udyog. A number of foreign firms initiated joint ventures with
Indian companies.[6]

In the 1980s, a number of Japanese manufacturers launched joint-


ventures for building motorcycles and light commercial-vehicles. It
was at this time that the Indian government chose Suzuki for its joint-
venture to manufacture small cars. Following the economic
liberalisation in 1991 and the gradual weakening of the license raj, a
number of Indian and multi-national car companies launched
operations. Since then, [[automotive component and automobile
manufacturing growth has accelerated to meet domestic and export
demands