The modern automotive industry is huge. It is gaining a much faster scope and contributing a lot to the economy. The industry is growing faster than FMCG, petroleum and healthcare sectors and the federal government. Auto companies are even adding shifts to meet the demand and have surely opened a new avenue for ample job opportunities .The buzz is incredible about the opportunity if a dignified product is built.
The gains in the auto industry have been small but they do create positive ripple effects for the economy. Sales and profits have risen ever since, and
payrolls have followed. Automakers companies are racing to hire white-collar workers. Job portals have ample number of postings for auto engineers and other automobile technicians. As technology is becoming more common, automakers need engineers with expertise to stand out in the fast growing requirements.
In India, the automotive industry is one of the largest in the world and one of the fastest growing globally. The Indian Automobile Industry manufactures over 11 million vehicles and exports about 1.5 million every year.
The dominant products of the industry are: 2 wheelers 4 wheelers or passenger cars 3 wheelers or Commercial vehicles Heavy weight motor vehiclesThe level of technology change in the motor vehicle industry has been high but, the rate of change in technology has been medium. However, further investment in new technologies will help the industry be more competitive.Identifying the different types of consumers:This being the most important aspect, since the products and services being manufactured are directed at the consumers. It is very essential to reach out to them and inform them about the same. So in an
automotive market, then again it is very important to identify your target consumers and then reach out to them. Products such as leaf springs are important as they are commonly used for suspension in wheeled vehicles. Other products such as chassis parts are the backbone of any automobile; it is the supporting frame to the body.Components Industry has been making rapid strides towards achievement of world-class Quality Systems. They have the capability to design as per client's specification / drawing to provide them quality service. Best quality materials are used so as to meet the international standards. The list varies from Alternator Assemblies, Starter Assemblies, Electronic Relays, Heater Glow Plugs, Engine Mounting, Suspension Rubber Bushing, Clutch Plates, Gaskets, Radiators, Brake Parts, Nut & Bolts, Jacks, Bearings, Plastic Gears, Filters, wheel Caps, speakers, fog lights, AC parts, AC hoses, and Car Batteries.
