The Influential Rise Of India’s Auto Market


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Notwithstanding the current slowdown in its automotive sales, we believe India is on the path to become the world’s third largest light vehicle market by 2015.

India is positioned sixth in the world rankings today, and over the next three years, the faster growth in vehicle sales is expected to take it ahead of Japan, Brazil and Germany.

We forecast India’s annual light vehicle sales to exceed 5.2 million units by 2015, slightly higher than Japan and Brazil’s 4.4 million units and Germany’s 3.5 million units.

Surely, India’s light vehicle sales are expected to rise fast; but stagnation in Japan coupled with slowdown in Brazil and Germany will also lead to India’s influential rise.

What are the reasons behind our high optimism for this country of 1.2 billion?

Well, firstly its market size. Only 31% of India’s large population lives in urban areas. This indicates there’s a huge potential to expand sales in rural India – where the rise in income levels is leading to sprawling Tier 2 and Tier 3 cities.

As there is further economic development in these emerging towns and cities, the two-wheeler users of today are likely to be tomorrow’s first-time car buyers.

To download 8-page report, please click here.

Source: LMC Automotive – GAI

 


India talent survey report 2012: Perspectives on young talent in India


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Talent is at the center of the 21st century business equation. This is true around the world as well as in India. As global talent markets are increasingly interconnected and work through communications, virtualization, and digitalization more evenly distributed across the world, it is critical to continually sharpen our understanding of national, regional, and the global talent markets. This report is part of a global longitudinal series initiated by Deloitte in 2010 examining the perspectives of different generations of talent and business, Human Resource (HR), and talent leaders around the world. Our research over the past three years has highlighted critical insights and differences from business leaders and talent around the world. In this report, Deloitte, in partnership with All India Management Association (AIMA), shares our first India Talent Survey conducted in India in January and February this year.

The India Talent Survey 2012 examines employee expectations across gender, generations, geographies, and industries. Our aim is to better understand the evolving perspectives of talent: what is important in terms of retention, corporate values, communications, leadership and what do employees think of their HR and talent functions. Throughout the report we aim to put the survey results for talent in India in the broader context of similar studies conducted in 2011, which considered these questions at the global and regional levels, including the Asia Pacific region. The report is based on an online survey shared with employees of companies associated with AIMA and includes 2,122 responses. We hope the survey and report contribute to deepening our collective understanding of the concerns of young talent in India. We trust the report will be useful to business, HR and talent leaders, students, academics, and government leaders and managers.

Our report includes four major questions and categories of findings and concludes with a spotlight on the talent trends prevailing in the knowledge and professional services industry in India.

To download 40-page report, please click here.

Source: Deloitte India – GAI

 


India: Over 600 international flights to be added by Oct 2013


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Indian airlines will see the number of international flights go up to 1,695 a week by October next year, from 1,074, an increase of almost 58 per cent.

This follows the Indian Government allowing domestic airlines to not only operate on new routes connecting India with Rome, Madrid, Moscow, Barcelona, Zurich, Dusseldorf, Ho Chi Minh city and Al Najaf (in Iraq), but also permitting them to increase the frequency of flights to international destinations. It will be a phased increase over the next 15 months.

From the summer schedule 2013, Air India has been permitted to operate daily flights from Delhi to Rome-Madrid-Barcelona and Moscow, while from winter schedule 2013, the Maharaja has been allowed to launch a daily flights between Mumbai and Nairobi.

The summer schedule runs from the last Saturday of March till the last Saturday of October, while the winter schedule extends from the last Sunday of October till the last Saturday of March.

In effect, this means that an airline permitted to operate a flight in the summer schedule 2013 can start the service anytime between March 30 and October 20, 2013.

Jet Airways has been permitted to operate a daily flight between Delhi and Frankfurt and Mumbai-Ho Chi Minh city from summer 2013, while it has been permitted to operate a daily flight from Delhi to Paris, Dusseldorf, Barcelona, Beijing and Mumbai-Zurich from winter 2013.

Low-cost airline SpiceJet has been permitted to not only operate a daily flight between Pune and Bangkok but also Delhi-Dhaka-Yangon.

In addition, the airline has been permitted to fly three times a week to Lucknow and four times a week from Varanasi to Al Najaf in Iraq. The airline can start these flights anytime till the end of March next year.

Besides, the airline can operate a daily flight between Delhi and Almaty, Kuwait and Ho Chi Minh city. In addition it has been permitted to operate a daily service between Kochi and Male and Kolkata-Hong Kong during the summer schedule 2013.

An official statement by the Civil Aviation Ministry states that new allocations are expected to give a major boost to Indian carriers and spur growth of domestic civil aviation by considerably improving connectivity of Indian cities with international destinations.

The increase in the number of traffic rights is expected to bring down fares. The Ministry is also likely to hold fresh bilateral talks with countries, including Singapore, Thailand, Abu Dhabi, Dubai, Saudi Arabia, Oman, Iraq, Macao and Afghanistan.

Source: The Hindu Business Line – GAI

 

 


India Automotive News


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The New Platform For Global Business Education Seminars


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GlobalAutoIndustry.com announced the launch of a new business portal, today, providing on-demand global business development seminars on a wide range of topics including Legal, HR, Supply Chain logistics, Manufacturing, M & A and Sales and Marketing, primarily for the Automotive sector.

These, previously unavailable recorded events, presented by industry experts in their fields from 15 countries, have been attended by over 7500 industry executives, from 25 countries around the globe, who rated content as “excellent” or “very good” over 94% of the time in post seminar interviews.

These same seminars are being made available to the public, for the first time, in both video and audio only versions at incredible introductory rates. Seminars are available on a PPV basis, Monthly or Annual Subscription, with an amazing Lifetime Membership option, that includes attendance to TWO live, on-line events per month, at no additional charge!

All seminars have a free preview of content and quality of three and a half minutes, before a purchase decision needs to be made.

Don’t miss out on this amazing introductory offer.  Check out GlobalBusinessProfessor.com the new leader in on-demand global business education seminars.


Mega Trends in India’s light vehicle industry


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Mega Trends in India’s light vehicle industry

India’s automotive ecosystem is fast changing.  This report outlines seven mega trends you should know about to prepare for the decade ahead.

To download 4-page Executive Summary, please click here.

Source: Ernst & Young – GAI

 


India: Five more manufacturing zones proposed


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The Indian Government will facilitate five more National Manufacturing Investment Zones, according to Mr Talleen Kumar, Joint Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government of India.

He was addressing the fourth learning convention of Visionary Leaders for Manufacturing organised by the Confederation of Indian Industry.

“Seven such zones are ready for implementation in the Delhi Mumbai Industrial Corridor and five more are proposed in different parts of the country,” Mr Kumar added.

Each zone will be spread over 5,000 hectares, with world-class infrastructure, clean technologies and skill development institutes. The zones will help India overcome power and transport infrastructure gaps, making it more competitive in a dynamic global environment, Mr Kumar said.

On the manufacturing sector, he said, “The Government has set a target of 25 per cent share of GDP growth from manufacturing by 2022 and 100 million additional jobs to make growth inclusive.”

Source: IBEF – GAI