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Dissertation Project Report

On

By
CHAKSHU RAIZADA
A0101912230
MBA GEN Class of 2014
Under the supervision of
Dr. AparnaGoyal
Professor
Amity Business School
In Partial Fulfillment of the Requirements of the Degree of Master of Business
Administration General (2014)
At
AMITY BUSINESS SCHOOL
AMITY UNIVERSITY UTTAR PRADESH
SECTOR 125, NOIDA-201303, UTTAR PRADESH, INDIA
A STUDY ON THE CHANGE IN OIL PRICES AND ITS IMPACT ONTHE
AUTOMOBILE INDUSTRY

DECLARATION

A STUDY ON THE CHANGE IN OIL PRICES AND ITS IMPACT ONTHE
AUTOMOBILE INDUSTRY



I,ChakshuRaizada, hereby declare

(a)That the work presented for dissertation report is my own, that it has not previously been
presented for another assessment and that my debts (for words, data, arguments and ideas) have
been appropriately acknowledged.

(b)That the work conforms to the guidelines for presentation and style set out in the relevant
documentation.





Date: ............ Chakshu Raizada
A0101912230
MBA-Gen Class Of 2014








CERTIFICATE


I, Dr. Aparna Goyal, hereby certify that Chakshu Raizada, student of Masters of Business
Administration General at Amity Business School, Amity University Uttar Pradesh has
completed the Project Report on A STUDY ON THE CHANGE IN OIL PRICES AND
ITS IMPACT ONTHE AUTOMOBILE INDUSTRY.




Dr. Aparna Goyal
Professor
Amity Business School














ACKNOWLEDGEMENT

Concentration, hard work and application are essential but not the only factors to achieve the
desired goals. These must be supplemented by guidance, assistance and cooperation of people to
make it a success. Many people have given their precious ideas and valuable time to enable me
to successfully complete this project. I am indebted to all of them.
I owe gratitude towards my Dr Sanjeev Bansal and my Dissertation Guide Dr. Aparna Goyal for
giving me an opportunity to take up this project by giving me valuable insight of it and
augmented my knowledge in the field of Marketing.
I am obliged for the cooperation I got from my faculty and friends. My increased spectrum of
knowledge in this field is the result of constant supervision and direction that has helped me to
absorb relevant and high quality information.

CHAKSHU RAIZADA










ABSTRACT

A STUDY ON THE CHANGE IN OIL PRICES AND ITS IMPACT ONTHE
AUTOMOBILE INDUSTRY

The project deals with the study of various factors that changes oil price and
to study affect on auto industry due to change in oil price. The project also
studies that what were the key factors that lead to a continuous increase in
oil price in India even when price of oil per barrel reduced from 140$ to90$
in global market. The project also aims at studying the measures taken by
automobile sector as increase in mergers of automobile parts manufacturers,
automotive accessories manufacturers, and even some of the bigger
automobile manufacturers.

Crude oil prices had skyrocketed in the international market as the volatile
political situation in the Middle East threatens to push fuel price to record
highs of $100 and above.

Experts also opined that increased demand for cooking gas and oil from the
BRIC nations ( Brazil, India, China and Russia ) is responsible for the oil
price hike. These economies are fast, developing economies and they need
more oil and gas.

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