Global Team Cinthya Kabir Mayor INDIA

CONTENTS ➢Overview of India ➢Indian Economy ➢Automotive Industry ➢Consumer Preference ➢How can we be successful in this kind of business?

1-1 INDIAN ECONOMY

1-2 INDIAN ECONOMY 3 Sectors AgricultureIndustryServices

1-1 INDIAN ECONOMY Almost ½ of GDP was from the service sector such as telecom, IT, and software

1-1 INDIAN ECONOMY % of the workforce were employed in Agriculture

1-3 INDIAN ECONOMY 2019 Nominal GDP - 6th largest worldwide 2019 GDP PPP - 3rd largest worldwide

1-1 INDIAN ECONOMY Forecast of India’s Growth Rate for %

1-6 INDIAN ECONOMY GDP per capita is equivalent to 39% of the world’s average (after PPP adjustment)

1-4 INDIAN ECONOMY Rapid growth over the past several years Has been one of the fastest growing economies in the world

1-1 INDIAN ECONOMY 4.40 percent of world economy

1-5 INDIAN ECONOMY Long term growth trend of 6.6% GDP growth rate has dropped below that number for 2 consecutive quarters Quasi-recession (decreased consumer spending & less investments) September straight months of auto sales decline (worst in 2 decades)

1-6 INDIAN ECONOMY Weakest growth rate since 2013

AUTOMOTIVE INDUSTRY Factors for Growth ● Population growth ● Urbanization ● Economic Development ● Digitized India

Indian Vehicles Sales Volume 2017 in various countries.

Consumer Preference ● Growing interest in Electric vehicles ● Technological Innovation ● Diesel over gasoline vehicles ● Car body style preferences

Hyundai Kona MG eZS Upcoming Electric Cars In India Re Maruti Suzuki Wagon Mahindra XUV 300 EVTata Altroz EVNissan Leaf

Car body style preferences

1-1 How can we be successful in global market

1-3 How can we be successful in global market

Thank You

References ❖International Journal of Interdisciplinary and Multidisciplinary Studies (IJIMS), 2014, Vol 1, No.6, ❖World Bank 2019 ❖ ❖ ❖ automobile-industry/ automobile-industry/ ❖ viour_of_Cars_in_India_-_A_Surveyhttps:// viour_of_Cars_in_India_-_A_Survey ❖ interesting-charts-depicting-brand-budget-fuel-body-style-preferences-3.htmlhttps:// interesting-charts-depicting-brand-budget-fuel-body-style-preferences-3.html ❖ 4th-largest-auto-market-now/articleshow/ cms?from=mdrhttps://economictimes.indiatimes.com/industry/auto/india-pips-germany-ranks- 4th-largest-auto-market-now/articleshow/ cms?from=mdr ❖ top-selling-car-models/ top-selling-car-models/ ❖ india india