Shriram City—News Letter - Breeze- 1st May 2019
APRIL & MAY 2019
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Pleasure in the job puts perfection in the work.- Aristotle
Shriram City—News Letter - Breeze- 1st May 2019
APRIL & MAY 2019
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2-wheeler industry trend vs SCUF
2-wheeler business in 2019
SCUF has been maintaining the leadership status in 2-wheeler financing
in most of the geographical regions in the country in the last few years.
The performance in the financial year 2018-19 was by large on the expected lines.
We present below certain interesting facts about the 2-wheeler industry in India in general.
· India has overtaken China to emerge as the world’s biggest market for 2-wheelers
· In 2017-18, 2.01 crore 2-wheelers sold in India and occupies as the world’s largest 2-wheeler
market
· Hero Motocorp is the world largest 2-wheeler manufacturer with leadership status in the
Industry
· Two Wheelers sales registered a growth at 8.10 percent in 2018-19
· Within the Two Wheelers segment, Scooters and Motorcycles grew by 5 percent and 12 per
cent respectively,
· Within Two wheeler segment, Moped has a market share of 4% Scooter has 32% of market
share and Motorcycle has 64% of market share.
· Out of 32% of market share in Scooter segment – Western 37% NE 40% South 44% continue to
have a higher market share East 21% Central 21% and North 26%
· Bajaj gained highest market share in motorcycle segment
· Hero retained its leadership position despite 1% loss in share
· TVS Motors registered positive growth. This is due to launch of new products in premium
motorcycle and scooters
· Current penetration of financing is estimated to be between 35% - 40%
· Although liquidity issues were faced by select NBFCs., in Q-2, Q-3 impact on 2-wheeler
lending was marginal
· Industry participants expects single digit growth in the nearer to medium term
· Competition in 2W financing is expected to increase with renewed focus of banks on this s
egment
· With anticipated price hikes under BS-VI from FY 2021 the dependence on financing is
expected to increase further
Position of Electric Two wheelers in India
Two-wheelers are set to outpace four-wheelers in India’s ambitious drive towards all-electric mobility,
as all top scooter and motorcycle manufacturers have lined up their clean-energy products for launch
starting next year.
Hero Moto Corp, Honda Motorcycle & Scooter India, TVS Motor, Mahindra Two Wheelers, Yamaha
and Bajaj Auto all have scheduled launches of electric two-wheelers from 2018. The government has a
2030 target to transition the country entirely to electric vehicles
It will take some time for electric cars to be sold here. But sales of electric two-wheelers can take off
quickly,” said Sohinder Gill, director, Society of Manufacturers of Electric Vehicles. “With cost of li-ion
batteries coming down, performance of products has improved and more and more manufacturers
have started work in the segment, which will give more choices to the consumer.
Shriram City—News Letter - Breeze- 1st May 2019
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Food Wastage India is slowly drowning in its own
garbage. The rate at which India is
currently generating waste, it is
estimated that by 2030, the country will
need a landfill almost as big as the city
of Bengaluru to dump its waste. Urban areas alone generate
around 62 million tonnes of garbage every single year, making
India the third largest garbage generator in the world.
Some Alarming facts about Food Waste in India:
INDIANS waste as much food as the whole of United Kingdom
consumes this is an alarming issue in India. Our street and
garbage bins, landfills have sufficient proof to prove it.
Weddings, canteens, hotels, social and family functions,
households spew out so much food. According to the United
Nations Development Programme, up to 40% of the food
produced in India is wasted. In fact, according to the agriculture
ministry, INR 50,000 crores worth of food produced is wasted
every year in the country.
Food wastage cripples a country’s economy to an extent that
most of us are unaware. Apart from mere food wastage, there is
also wastage in transportation, storage facilities, investment in
food processing.
Not just the food is wasted but, 25% of fresh water used to
produce food is ultimately wasted, even as millions of people
still don’t have access to drinking water.
Even though the world produces enough food to feed twice
the world’s present population, food wastage is ironically
behind the billions of people who are malnourished. The
number of hungry people in India has increased by 65 million
Shriram City—News Letter - Breeze- 1st May 2019
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more than the population of France. According to a survey in
2013, 20 crore Indians sleep hungry on any given night. About
7 million children died in 2012 because of hunger/malnutrition.
This figure is definitely grown in the last few years.
Acres of land are deforested to grow food. Approximately 45%
of India’s land is degraded primarily due to deforestation,
unsustainable agricultural practices, and excessive ground
water extraction to meet the food demand.
300 million barrels of oil are used to produce food that is
ultimately wasted.
Some simple corrective measures that we could take to avoid
this:
Plan out your meal and make your shopping list to determine
what you actually need for the week. About 20% of what we
buy in urban India ends up being thrown away. You could in
the week after cut down on the surplus and soon in two or
three weeks you will have a precise list of your family’s weekly
consumption. You have no idea how amazed you will be at
how much you buy and what you actually consume. Needless
to say that the difference is but naturally wasted.
Buy in quantities you can realistically use. Avoid impulse buys.
It will more or less find the bin.
If you cook at home, make sure you cook keeping in mind
there is no excess. You can always complete your meals with
a few fruits rather than keep some extra food in the refrigera-
tor. It’s a lot better and a healthier practice too.
Select according to their shelf life. Use the green vegetables
first. Don’t throw out fruits and veggies with ‘aesthetic only’
blemishes. Use canned and bottled food before expiry dates.
Reuse the refrigerated left-overs (if any) for the very next
meal.
Even if food gets spoilt then compost it.
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Cooked food, especially since it has a low shelf life needs to
be managed better and faster. Check with NGOs who offer
to transport excess food to the needy.
If you host a family get together either at home, a marriage
hall or throw a party at a hotel, make sure you plan for the
food to be transported to a place like an orphanage or an
old age shelter.
Make finishing your plate a habit. Try to inculcate it further to
as many possible.
in India, the bigger the wedding, the larger the party and the
more colossal the waste. No doubt weddings and banquets are
a huge source of food wastage, but restaurants and hotels also
contribute to food wastage,
Next time you put your rubbish bag out, take a good look at your
rubbish. Ask yourself:
what packaging could I have avoided buying? (reduce)
what plastic container could I find a new use for? (reuse)
what could I recycle or compost? (recycle)
Reduce
There are many ways you can reduce the amount of waste your
household produces, such as:
Choose long-lasting instead of disposable items.
Choose products with minimal/recyclable packaging.
Buy in bulk to reduce the amount of packaging.
Mend broken items when possible.
Contributed by
T.V. Champakalatha. Vice President, Mumbai
Shriram City—News Letter - Breeze- 1st May 2019
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Shriram City—News Letter - Breeze- 1st May 2019
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Shriram City—News Letter - Breeze- 1st May 2019
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Shriram City—News Letter - Breeze- 1st May 2019
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Shriram City—News Letter - Breeze- 1st May 2019
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Shriram City—News Letter - Breeze- 1st May 2019
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Shriram City—News Letter - Breeze- 1st May 2019
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DYKS – May 2019
Rules of DYKS
The details and rules of the Do You Know Series are as follows:
Each issue will contain 3 multiple answer questions All replies to be sent to [email protected] only. The mails should be sent from the official mail ID of the employee. The response mail should be as follows;
Sl No Required Information Employee Entry/ Answer to Quiz
1 Employee Name
2 Employee Number
3 Designation
4 Email ID
5 Branch code and name
6 State
7 Answers:1
2
3
The name of the employee from each state and from whom the first correct response comes will be published in the subsequent issue of ‘Breeze’.
State wise 1st correct response to quiz in February 2019 Issue Sl No State Branch Name of Employee
1 Maharashtra Yavatmal Mr. Atul K. Kale
2 Tamil Nadu K K Nagar II Mr. Vignesh. E
3 Telangana Warangal DO Mr. Sirimalla Praveen Kumar
4 Rajasthan Pali Mr. Prakash Solanki
5 Jharkhand Bokaro Sec-4 Mr. Bijendra Kumar
6 Uttar Pradesh Rampur Mr. Hari Om
7 Andhra Pradesh Vijayawada Mr. Kondru Suresh
8 Odisha Bhubaneswar Z.O Mr. Kamal Kumar Puthal
Shriram City—News Letter - Breeze- 1st May 2019
APRIL & MAY 2019
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DYKS – MAY 2019 1.OPEC is a permanent, intergovernmental Organization, created a the Baghdad
Conference on Sept -14, 1960 by Iran, Iraq, Kuwait, Saudi Arabia & Venezuela. What is the
full form of OPEC?
a. Organization of the Permanent Exporting Countries
b. Organization of the Petroleum Exporting Chamber
c. Organization of the Petroleum Exporting Council
d. Organization of the Petroleum Exporting Countries
2.A person returning from abroad can retain foreign currency up to what period?
a. 60 days
b. 30 days
c. 90 days
d. 180 Days
3.Which of the following banks has opened the country’s first, “Cash Factory” in Lucknow
which has issued currency notes to all its branches and ATMs in that area?
a. Bank of India
b. Bank of Baroda
c. State Bank of India
d. Union Bank of India
Answers to Quiz of February 2019 issue Sl No Question Answer
1
The Finance Minister stated that persons
having gross income up to Rs._______ lakhs
are not required to pay any income tax if
they make investments in provident funds,
specified savings & insurance, etc.
D. Rs.6.50 Lakhs
2
TDS Threshold on interest earned on bank/
post office deposits is being raised from
C. Rs.40000
3
The Finance Minister stated that the
Government has been successful in bringing
down the average inflation to ______ over
last 5 years.
B. 4.6%
Shriram City—News Letter - Breeze- 1st May 2019
APRIL & MAY 2019
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Communication Address:
Editorial Committee, (News Letter—Breeze)
Shriram City Union Finance
144, Santhome High Road, Chennai—600 004
Phone: 044 43925300
Email: [email protected]
Editorial Committee
Shri K.Subramaniam CO, Mylapore
Smt M.Subhashree BSC, Santhome
Shri N.R. Sivakumar SFPS,Santhome
“Live as if you were
to die tomorrow,
Learn as if you were
to live forever.” -Mahatma Gandhi