High growth for automobiles industry growth , Mechanical Engineering

Assignment Help:

High growth has been observed since 2001-02 in automobile production. Annual growth was 16.0 percent in April-December, 2004; the growth rate in 2003-04 was 15.1 percent (Table 1.1). Consequent to liberalization, the arrival of new and contemporary models, easy availability of finance at relatively low rate of interest and price discounts offered by the dealers and manufacturers appear to have stimulated the demand for vehicles and a strong growth of the industry. The automobile industry grew at a Compound Annual Growth Rate (CAGR) of 22 percent between 1992 and 1997. With investment exceeding Rs. 50,000 crore, the turnover of the automobile industry exceeded Rs. 59,518 crore in 2002-03. Including turnover of the auto-component sector, the automotive industry's turnover, which was about Rs. 84,000 crore in 2002-03, has been estimated to have exceeded Rs.1,00,000 crore in 2003-04.

 


Related Discussions:- High growth for automobiles industry growth

Projection welding, Projection Welding   This is a modified method o...

Projection Welding   This is a modified method of making single or multiple spot welds. Projection welds are made by providing an embossment or projection on one or both of

Dynamically induced emf and statically induced emf, Q. What is meant by dyn...

Q. What is meant by dynamically induced emf and statically induced emf? On what factors do these depend? Derive eq. for these two emfs.   Sol. Dynamically induced emf:

Calculate the overall fraction defective from all of sample, Calculate the ...

Calculate the overall fraction defective from all of sample: ABC insurance company desires to design a control chart to check whether insurance claim forms are being correctly

Static friction, Static Friction: When applied force is less than limiting...

Static Friction: When applied force is less than limiting friction, body remains at rest and this type of frictional force is called as static friction and this law is called as l

Foundry shiz, is there any assignment answers

is there any assignment answers

Determine the work done and change in thermal energy, (a) Show that for an ...

(a) Show that for an adiabatic process Pv r = C, holds good. (b) One Kg of a contain gas is at 0.11 KPa and 15 o C. It is compressed until its volume a 0.1m 3 . if the compress

Hydraulic jack, explain the operation manual of a hydraulic jack

explain the operation manual of a hydraulic jack

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd