Automobiles are the universal status symbol and just as several vehicle makers have exciting histories behind their names, several organization logo’s very often have unusual stories also. In the initial 4 months of the 2012-13 fiscal car sales have improved in India by 5.six percent as per statistics provided by the Society of Indian Automobile Manufacturers (SIAM). What is intriguing about these choices is how foreign auto manufacturers are all choosing to forego creating new facilities in the Upper Midwest where the labor market place has many idle, certified workers. In the early 80’s, a series of liberal policy modifications had been announced marking another turning point for the automobile industry.
Basically place, the 3 decades following the establishment of the passenger vehicle market in India and major upto the early 1980s, proved to be the ‘dark ages’ for the consumer, as his decision all through this period was restricted to two models viz. The government is growing the analysis and development (R&D) fund for the automobile market over and above the Rs 1400 crores earmarked for eight years.
Additionally, the formation of a steady government has produced abundant optimism for progress and we are currently witnessing a massive rise in macro-economic factors, which includes GDP, rise of the stock marketplace and measures to combat inflation. Between 1910 and 20’s the automobile market made a humble starting by setting up assembly plants in Mumbai, Calcutta and Chennai.
IT in the automobile sector plays a vital part.. Some players are operating towards improvement of efficient production systems that control the complete production process with higher precision and accuracy. It also confirms a developing shift in the industrial geography of heavy industry in this country from the classic Midwestern heartland to regions south of the Mason-Dixon line.
It has set up a plant in Chennai, Tamil Nadu, to manufacture cars locally exclusively for the local marketplace with no plans for export. Thanks guys, I agree sayantani the Merc and audi logos a classic in their simplicity, my favourite is the Abath even though, its just so stricking. Two wheelers make up 70% of the vehicles in India and for them special emission norms have been designed inside India itself.