1 / 9

A Federal Republic larger than Europe with...

A Federal Republic larger than Europe with. Enormous distances Largely unpaved roads Non electrified railways (three gauges) Geographical Obstacles Periodical difficult climate conditions. Difficult and costly transportation across the territory. AUTOMOTIVE MARKET EVOLUTION.

malini
Download Presentation

A Federal Republic larger than Europe with...

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. A Federal Republic larger than Europe with... • Enormous distances • Largely unpaved roads • Non electrified railways (three gauges) • Geographical Obstacles • Periodical difficult climate conditions Difficult and costly transportation across the territory

  2. AUTOMOTIVE MARKET EVOLUTION 1990’s AND EARLY 2000’s FUTURE TREND New infrastructures (golden quadrilateral) High speeds Poor road conditions Vehicle overloading Low speeds Protected market (high import duties and excise) Open market (WTO) The market is increasingly demanding for higher quality and more performing products

  3. THE “GOLDEN QUADRILATERAL” 5,846 km of four/six lane expressways connecting Delhi, Mumbai, Kolkata and Chennai A 6 billion USD project boosting the Indian automotive and construction industries, and sustaining the Country’s economic growth

  4. INDIAN AUTOMOTIVE SECTOR A STEADY DOUBLE DIGIT GROWTH: PASSENGER CAR/VAN PRODUCTION (2004) +20% (2004 vs. 2003) 1,080,000 units TRUCK/BUS VEHICLES PRODUCTION (2004) +25% (2004 vs. 2003) 188,000 units

  5. TYRE MARKET EVOLUTION • Indian tyre Producers are facing new challenges: • Growing quality standards and performance required by the market • Growing risk of foreign competition as market barriers are being lowered in accordance with WTO directives Most Producers are looking for technology updates to face these challenges, i.e. technology agreements or JV’s with Western and Japanese Companies Consolidation process among producers is likely

  6. ATTRACTIVE POINTS • Highly skilled technicians and open minded managers with international background • English widely spoken at all levels • Weak cultural barriers (as compared to China) • English common law • Biggest Democracy in the world, stable Government • GDP now growing 7% per year • Interest rates are lowering (7.5% against 16%in the ’90s) • High internal transportation costs • Difficult to import used machinery • Living conditions not easy in developing areas for Europeans

  7. Car + Light t. Truck. Motorcycles Steelcord PIRELLI’s TECHNOLOGY IN EMERGING COUNTRIES

  8. THANK YOU...

More Related