Volume : III, Issue : I, January - 2014

Financial Performance of Automobile Industry in India

P. Sankaran, Dr. C. Gounasegaran, Dr. R. Azhagaiah

Abstract :

The automobile industry development of the nation and contribute to the considerable portion of gross domestic product (GDP). The automobile industry has grown a reasonable capture in four wheeler companies in India play a vital role in economic segments in both passenger cars and commercial vehicles in rural and urban areas. The industry which is mainly focus middle and upper classes of people, they are better standard of living and able to save money in surplus income. The auto industry produced cars in the year 2009 nearly twenty two lakes units and commercial vehicles 4.66 lakes units. It will be forecasted more than three million units’ passenger cars and 1.5 million units in commercial vehicles in 2015, figures triple in production annually both segments in the next decade, these facts of understanding the role of automobile industry in the economic development of the country

Keywords :

Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

P. Sankaran, Dr. C. Gounasegaran, Dr. R. Azhagaiah Financial Performance of Automobile Industry in India International Journal of Scientific Research, Vol.III, Issue.I January 2014

Number of Downloads : 1774

References :