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AUTOMOBILE INDUSTRY By: Saumya Suman (52)

Production in automobile industry

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Page 1: Production in automobile industry

AUTOMOBILE INDUSTRY

By: Saumya Suman (52) Shahbaz Ahmad (53)

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The development of Human History on Wheels

Humanity has always had something to ride. The oldest known wheel found in archaeological excavations is from Mesopotamia, and dates to around 3500 BC. 

The invention of the wheel led to the creation of cars powered by domesticated animals.

Later, Leonardo da Vinci invented a cart powered by two springs. Though it looked very different from a modern-day automobile, it gave the people of the time tremendous inspiration for the future of self-propelled vehicles.

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The Industrial Revolution and the Invention of the Automobile

In the 1700s James Watt invented a new source of power - the steam engine - which was fundamental to the changes brought about by the Industrial Revolution.

In 1769, the world's first steam automobile was invented in France, opening up an era of self-propelled vehicles.

Subsequently, researchers went on to invent smaller, lighter andmore efficient power sources.

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Internal Combustion Engines and Mass Production

Continued research and development efforts for better power sources led to the invention of an internal combustion engine similar to modern engines.

In 1886, Karl Benz, a German, invented the world's first gasoline powered automobile. 

In 1895, the Michelin brothers of France invented pneumatic tires, which marked a sea-change in the history of automobiles.

In 1908, Ford developed a mass production method by introducing assembly lines characterized by a conveyor belt. 

This series of events intertwined to cause a paradigm shift in the way that automobiles were produced and, eventually, led to the birth of the modern-day automobile.

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Overview of Indian Automobile Industry

The first car ran on India's roads in 1897. Until the 1930s, cars were imported directly, but in very small numbers.

Embryonic automotive industry emerged in India in the 1940s as Mahindra & Mahindra playing the major role.

After 1970 the automotive industry started to grow, but the growth was mainly driven by tractors, commercial vehicles and scooters.

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.

Now, the Indian Automobile Industry manufactures over 11 million vehicles and exports about 1.5 million each year.

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(contd….)

The dominant products of the industry are two-wheelers with a market share of over 75% and passenger cars with a market share of about 16%.

Commercial vehicles and three-wheelers share about 9% of the market between them. About 91% of the vehicles sold are used by households and only about 9% for commercial purposes.

The industry has a turnover of more than USD $35 billion and provides direct and indirect employment to over 13 million people.

The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country's Gross Domestic Product (GDP).

The world standing for the Indian automobile sector, as per the Confederation of the Indian industry is as follows:

• Largest three-wheeler market• Second largest two-wheeler market• Sixth largest passenger car market• Fourth largest tractor market• Fifth largest commercial vehicle market• Fifth largest bus and truck segment

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Production and Operation in

Automobile Industry

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 Future Trends in the Automobile Industry

With the recession trend breaking its leashes form the past two years, 2017 is expected to get back on track with the sales of automobiles in the country.

• Almost Self-governing cars are predicted to be on the streets by 2020

• More than half the cars on the streets are going to be powered by diesel by 2020

• The Indian automotive sector has the potential to generate up to US$ 300 billion in

annual revenue by 2026.

• Create 65 million additional jobs and contribute over 12 per cent to India’s GDP

• High Performance Hybrid cars are likely to gain greater popularity among

consumers. The Indian automobile industry has a prominent future in India. Apart from meeting the advancing domestic demands, it is penetrating the international market too.

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References

Automobile Industry• KIA• FORD• TOYOTA• MARUTI• MAHINDRA

www.youtube.com www.slideshare.com www.quora.com www.madehow.com

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