Professional Documents
Culture Documents
Vivek Kait .
PREFACE
Vivek kait .
Table of content
Chapter Title
1 Introduction to Industry
2 Background of the Organization
3 Research Methodology
4 Findings
5 Conclusion
6 Bibliography
INTRODUCTION OF
AUTOMOBILE SECTOR
The automobile sector is one of the key segments of the economy having
The sector has generate about 4.5 Lakh of direst employment and about 1 core
of Indirect employment
India holds huge potential in the automobile sector including the automobile
India has a well developed , globally competitive Auto Ancillary Industry and
India enjoys natural advantage and is among the lowest cost producers of steel
in the world
SKODA MITSUBISHI
M&M AUDI
THE AUTOMOBILE INDUSTRY IN
INDIA
11th largest passenger car market and expected to become 7th largest by 2016
CURRENT SITUATION OF
AUTOMOBILE SECTOR
productions and exports f the sector went up last last fiscal , said the
Economin Survey 2006 -09, and undrlined that the industry employs over
turnover of the sector stood at rs 2.19 lakh crore , while export totaled at
Rs31,782 crore ,taking the total size of th idustr to rs 2.50 lakh crore durig
2006-09
GLOBALIZATION IN AUTOMOBILE
SECTOR
In 2008 , hyundai motors alone exported 240,000 cars made in india . nissan plans export
250,000vehicles manufactured in its idia plant by 2011 foreign auto companies with
assemble plants in india include . general motors ( GM )ford , hyundai , honda suzuki,
nissan motors toyota, volkwagen , audi india has overtaken chaina in global auto exports
of compact cars for 2009 .suzuki motor corp hyundai motr o,and nissan motor Co are
making making India a manfacturig hub fo small cars.
In 2007, India was ranked as the 12thfastest growing market in the world. Presently Indiais the 2nd
largest two wheeler market in the world and 4th largest commercial vehicle market worldwide.
India is the 11th largest market in the pessenger car segment globally which is expected to
become the 7th largest market by 2016. Tata is all set to take its world trucks to South Africa.
Mahindra and mahindra is taking itsscorpio to US. Tata is deeloping an European version of its
ultra low cost car nano. China’s largest automaker Shanghai Automative Industry Corp.
(SAIC)announced a collaboration to joitly develop and manufacture commercial vehicles through
the Indian unit o General Motors Co. In the India n market Hero group is holding expoloratory
talks with Malaysian car manufacturer, Proton,for etablishing a small car manufacturing facility
in India General Motors Co , US-based automaker has joined hands with India’s rava Electeic
Car Co to develop a small and affordable electronic car fo the Indian market.
Foreign Cars sold in India as completely
Build Unit
Audi: A8,TT,R8,Q5,Q7
Jaguar: XF, XK
Lamborghini: Gallardo
Automobile Industry expert predicts that buy 2050 every sixth car in the world
By 2015 India will take over Germany in sales volume and Japan by 2018
Industry analyses predict this industry to touch USD 13000 billion marks by 2015 ,
It is said that for every Re 1 spent , the auto sector returns Rs 2.24 of Indian Economy
HoW ECONOMY LOOK AHEAD
With the increase in the population in India there will be huge demand
of passenger cars in future . according to a surway till the year 2020 –
22 three million unit are projected.
BAJAJ
Registered & Head Office Akurdi Pune - 411035 India Tel.: +(91)-
(20)-27472851 Fax: +(91)-(20)-27473398
E-mail rahulbajaj@bajajauto.co.in
Website www.bajajauto.com
KEY PERSONS:
Board of Directors
P Murari Director
Audit Committee
J.N. Godrej
Naresh Chandra
Nanoo Pamnani
Shareholders’ & Investors’ Grievance committee
J.N. Godrej
Naresh Chandra
S. H. Khan
Remuneration committee
S.H. Khan
Naresh Chandra
Founded 1945
Employees ???
Website www.bajajauto.com
COMPANY'S HISTORY
Bajaj Auto came into existence on November 29, 1945 as M/s
Bachraj Trading Corporation Private Limited. It started off by selling
imported two- and three-wheelers in India. In 1959, it obtained
license from the Government of India to manufacture two- and three-
wheelers and it went public in 1960. In 1970, it rolled out its
100,000th vehicle. In 1977, it managed to produce and sell 100,000
vehicles in a single financial year. In 1985, it started producing at
Waluj in Aurangabad. In 1986, it managed to produce and sell
500,000 vehicles in a single financial year. In 1995, it rolled out its
ten millionth vehicle and produced and sold 1 million vehicles in a
year.
2004 - Bajaj CT 100, New Bajaj Chetak 4-stroke with Wonder Gear, Bajaj Discover DTS-i
2005 - Bajaj Wave, Bajaj Avenger, Bajaj Discover
Bajaj Sunny
Bajaj Chetak
Bajaj Cub
Bajaj Super
Bajaj Wave
Bajaj Legend
Motorcycles
Kawasaki Eliminator
Bajaj Pulsar
Bajaj Boxer
Bajaj CT 100
Bajaj Platina
Bajaj Caliber
Bajaj Discover
Bajaj Avenger
Upcoming Models
Bajaj Krystal
Bajaj Blade
Bajaj Sonic
New Image
The company, over the last decade has successfully changed its image
from a scooter manufacturer to a two wheeler manufacturer, product
range ranging from Scooterettes to Scooters to Motorcycle. Its real
growth in numbers has come in the last 4 years after successful
introduction of a few models in the motorcycle segment.The company is
headed by Rahul Bajaj who is worth more than US$1.5 billion.
HISTORY
OF
HEROHON
DA
India has the largest number of two wheelers in the world with 41.6 million
vehicles. India has a mix of 30 percent automobiles and 70 percent two wheelers in the
country. India was the second largest two wheeler manufacturer in the world starting in
the 1950’s with the birth of Automobile Products of India (API) that manufactured
scooters. API manufactured the Lambrettas but, another company, Bajaj Auto Ltd.
surpassed API and remained through the turn of the century from its association with
Piaggio of Italy (manufacturer of Vespa).
The license raj that existed between the1940s to1980s in India, did not allow
foreign companies to enter the market and imports were tightly controlled. This regulatory
maze, before the economic liberalization, made business easier for local players to have a
seller’s market. Customers in India were forced to wait 12 years to buy a scooter from
Bajaj. The CEO of Bajaj commented that he did not need a marketing department, only a
dispatch department. By the year 1990, Bajaj had a waiting list that was twenty-six times
its annual output for scooters.
BOARD OF DIRECTORS
Website http://www.herohonda.com/site/home/home.asp
HERO HONDA HEADQUARTERS
Hero Honda Motorcycles Limited is an Indian manufacturer of
motorcycles and scooters. Hero Honda is a joint venture that began in
1984 between the Hero group of India and Honda from Japan. It has
been the world's biggest manufacturer of 2-wheeled motorized vehicles
since 2001, when it produced 1.3 million motorbikes in a single year.
Hero Honda's Splendor is the world's largest selling motorcycle. Its 2
plants are in Dharuhera and Gurgaon, both in Haryana, India. It
specializes in dual use motorcycles that are low powered but very fuel
efficient
[ Models ]
Bikes
Hero Honda Splendor Plus
COMPANY PROFILE
“Hero”, is the brand name used by the Munjal brothers in the year 1956 with the
flagship company Hero Cycles. The two-wheeler manufacturing business of bicycle
components had originally started in the 1940’s and turned into the world’s largest
bicycle manufacturer today. Hero, is a name synonymous with two-wheelers in India
today. The Munjals roll their own steel, make free wheel bicycle critical components
and have diversified into different ventures like product design. The Hero Group
philosophy is: “To provide excellent transportation to the common man at easily
affordable prices and to provide total satisfaction in all its spheres of activity”. The
Hero group vision is to build long lasting relationships with everyone (customers,
workers, dealers and vendors). The
Hero Group has a passion for setting higher standards and “Engineering Satisfaction”
is the prime motivation, way of life and work culture of the Group.
In the year 1984, Mr. Brijmohan Lal Munjal, the Chairman and Managing Director of
Hero Honda Motors (HHM), headed an alliance between the Munjal family and Honda
Motor Company Ltd. (HMC). HHM Mission Statement is: “We, at Hero Honda, are
continuously striving for synergy between technology, systems, and human resources
to provide products and services that meet the quality, performance, and price
aspirations of our customers. While doing so, we maintain the highest standards of
ethics and societal responsibilities, constantly innovate products and processes, and
develop teams that keep the momentum going to take the company to excellence in the
new millennium”. This alliance became one of the most successful joint ventures in
India, until the year 1999 when HMC had announced a 100% subsidiary, Honda
Motorcycle & Scooter India (HMSI). This announcement caused the HHM stock price
to decrease by 30 percent that same day. Munjal had to come up with some new
strategic decisions as, HMSI and other foreign new entry companies were causing
increased intensity of rivalry for HHM.
GROWTH
The business growth of Hero Honda has been phenomenal
throughout its early days. The Munjal family started a modest
business of bicycle components. Hero Group expanded so big that by
2002 they had sold 86 million bicycles producing 16000 bicycles a
day. Today Hero Honda has an assembly line of 9 different models of
motorcycles available. It holds the record for most popular bike in
the world by sales for Its Splendor model. Hero Honda Motors
Limited was established in joint venture with Honda Motors of Japan
in 1984, to manufacture motorcycles. It is
currently the largest producer of Two Wheelers in the world. It sold 3
million bikes in the year 2005-2006. Recently it has also entered in
scooter manufacturing, with its model PLEASURE mainly aimed at
girls. The Hero Group has done business differently right from the
start and that is what has helped them to achieve break-through in
the competitive two-wheeler market. The Group's low key, but
focused, style of management has earned the company plaudits
amidst investors, employees, vendors and dealers, as also worldwide
recognition.The growth of the Group through the years has been
influenced by a number of factors:
Just-in-Time
The Hero Group through the Hero Cycles Division was the first to
introduce the concept of just-in-time inventory. The Group boasts of
superb operational efficiencies. Every assembly line worker operates
two machines simultaneously to save time and improve productivity.
The fact that most of the machines are either developed or
fabricated in-house, has resulted in low inventory levels. In Hero
Cycles Limited, the just-in-time inventory principle has been working
since the beginning of production in the unit and is functional even
till date.. This is the Japanese style of production and in India; Hero is
probably the only company to have mastered the art of the just-in-
time inventory principle.
Dealer Network
The relationship of Hero Group with their dealers is unique in its
closeness. The dealers are considered a part of the Hero family. A
nation-wide dealer network comprising of over 5,000 outlets, and
have a formidable distribution system in place. Sales agents from
Hero travels to all the corners of the country, visiting dealers and
send back daily postcards with information on the stock position that
day, turnover, fresh purchases, anticipated demand and also
competitor action in the region. The manufacturing units have a
separate department to handle dealer complaints and problems and
the first response is always given in 24 hours
Financial Planning
Quality
OF
TVS
TVS MOTOR COMPAN
1996 Introduced India's first catalytic converter enabled motorcycle, the 110
cc Shogun
2000 Launched India's first 150 cc, 4 stroke motorcycle - The Fiero
2004 Launched the revolutionary VT-I engine for the best in class mileage in
TVS Centra
2007 Apache RTR - first two wheeler in India to have racing inspired engine
and features.
2008 TVS Flame, TVS Scooty Electric Vehicle and Three wheeler TVS King
launched.
TVS Motors
Products Motorcycles,Mopeds,Ungeared
scooters, Automotive components
Website www.tvsmotor.in
TVS MOTORS
TVS Motor Company has its origin in SUndaram CLayton
Limited, Moped Division, started in 1980. The factory was started in
Hosur, Tamilnadu in southern India. The first product launched was a
50 cc moped, which appealed to the masses because of its capability
to carry two people. In the same location, the same promotors
started another company in 1984, in collaboration with Suzuki Motor
Corporation of Japan, for the manufacture of 100 cc motorcycles
under the brand name of Ind-Suzuki Motorcycles. Subsequently in
the moped division was bought by Ind Suzuki Motorcycles in 1987
and the company changed its name to TVS Suzuki Ltd. Even though
the company started producing all kinds of two wheelers like
mopeds, scooters and motorcycles, the collaboration with Suzuki
continued for the motorcycles only. The collaboration with Suzuki
Motor Corporation ended in 2001 and since then the name of the
company changed to TVS Motor Company. The company now
develops all types of two-wheelers through its own in house R&D
facility and manufactures in three locations in India, Hosur in
Tamlnadu, Mysore in Karnataka and Baddi in Himachal Pradesh. It
has recently started a new manufacturing plant in Indonesia to cater
to the South east Asian market. The Chairman and Managing
Director of the Company is Mr. Venu Srinivasan who is the grandson
of TV Sundaram Iyengar.
Sundaram Fastners
Southern Roadways
Sundaram Finance
TVS Supra
TVS Fiero
TVS Star
TVS Fiero F2
TVS Fiero FX
TVS Centra
TVS Flame
Scooterettes
TVS Teenz
Mopeds
TVS XL (60 cc
TVS Eco
TVS Astra
Rs 49,400-53,000
0-60kph 6.25sec
Kpl 59.6 (overall
Price Rs 56000
Displacement 150 cc
TVS APACHE