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Known as the world's traditional automotive centre "Detroit" is a metonym for the American automobile industry.It was once called as auto manufacturing hub of the World,But then when everything was going fine U.S was hit hard by recession And the Big 3 had to bite the dust.
2008 was the time when the world understood the meaning of recession, Recession was the time when the whole world's economy was playing See Saw,That's the time when Asian continent posted a robust sales number month after month,It was prominent that the future sales number will be generated from BRIC nation's.
Coming to India, The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the sixth largest in the world, with an annual production of more than 3.7 million units in 2010. According to recent reports, India is set to overtake Brazil to become the sixth largest passenger vehicle producer in the world, growing 16-18 per cent to sell around three million units in the course of 2011-12. In 2009, India emerged as Asia's fourth largest exporter of passenger cars, behind Japan, South Korea, and Thailand. In 2010, India reached as Asia's third largest exporter of passenger cars, behind Japan and South Korea beating Thailand.
The majority of India's car manufacturing industry is based around three clusters in the south, west and north. The southern cluster near Chennai is the biggest with 40% of the revenue share. The western hub near Maharashtra is 33% of the market. The northern cluster is primarily Haryana with 32%. Chennai, is also referred to as the "Detroit of India" with the India operations of Ford, Hyundai, Renault and Nissan headquartered in the city and BMW having an assembly plant on the outskirts. Chennai accounts for 60% of the country's automotive exports. Gurgaon and Manesar in Haryana form the northern cluster where the country's largest car manufacturer, Maruti Suzuki, is based.The Chakan corridor near Pune, Maharashtra is the western cluster with companies like General Motors, Volkswagen, Skoda, Mahindra and Mahindra, Tata Motors, Mercedes Benz, Land Rover, Fiat and Force Motors having assembly plants in the area. Aurangabad with Audi, Skoda and Volkswagen also forms part of the western cluster. Another emerging cluster is in the state of Gujarat with manufacturing facility of General Motors in Halol and further planned for Tata Nano at Sanand. Ford, Maruti Suzuki and Peugeot-Citroen plants are also set to come up in Gujarat. Kolkatta with Hindustan Motors, Noida with Honda and Bangalore with Toyota are some of the other automotive manufacturing regions around the country.
This month Tamilnadu signed MoU's with 5 automobile majors entailing inflow of at least Rs 5,700 crore that would create 9,530 jobs.
The 5 auto major's name are as follows:
Daimler India Commercial Vehicles Pvt Ltd
India Yamaha Motor Ltd,
Ashok Leyland- Nissan Motor Company Ltd(Joint Venture)
Eicher Motors Ltd
Philips Carbon Black Ltd
In the global automotive arena Chennai is known as the Detroit of India.By no mean's it's a small feat, what makes Tamilnadu so attractive to auto manufacturer's?
Is it
-The proximity of being close to the port?
-The quality of manpower?
-The available infrastructure in the state?
-The incentives provided by the Government?
Please feel free to share your thought's,
2008 was the time when the world understood the meaning of recession, Recession was the time when the whole world's economy was playing See Saw,That's the time when Asian continent posted a robust sales number month after month,It was prominent that the future sales number will be generated from BRIC nation's.
Coming to India, The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the sixth largest in the world, with an annual production of more than 3.7 million units in 2010. According to recent reports, India is set to overtake Brazil to become the sixth largest passenger vehicle producer in the world, growing 16-18 per cent to sell around three million units in the course of 2011-12. In 2009, India emerged as Asia's fourth largest exporter of passenger cars, behind Japan, South Korea, and Thailand. In 2010, India reached as Asia's third largest exporter of passenger cars, behind Japan and South Korea beating Thailand.
The majority of India's car manufacturing industry is based around three clusters in the south, west and north. The southern cluster near Chennai is the biggest with 40% of the revenue share. The western hub near Maharashtra is 33% of the market. The northern cluster is primarily Haryana with 32%. Chennai, is also referred to as the "Detroit of India" with the India operations of Ford, Hyundai, Renault and Nissan headquartered in the city and BMW having an assembly plant on the outskirts. Chennai accounts for 60% of the country's automotive exports. Gurgaon and Manesar in Haryana form the northern cluster where the country's largest car manufacturer, Maruti Suzuki, is based.The Chakan corridor near Pune, Maharashtra is the western cluster with companies like General Motors, Volkswagen, Skoda, Mahindra and Mahindra, Tata Motors, Mercedes Benz, Land Rover, Fiat and Force Motors having assembly plants in the area. Aurangabad with Audi, Skoda and Volkswagen also forms part of the western cluster. Another emerging cluster is in the state of Gujarat with manufacturing facility of General Motors in Halol and further planned for Tata Nano at Sanand. Ford, Maruti Suzuki and Peugeot-Citroen plants are also set to come up in Gujarat. Kolkatta with Hindustan Motors, Noida with Honda and Bangalore with Toyota are some of the other automotive manufacturing regions around the country.
This month Tamilnadu signed MoU's with 5 automobile majors entailing inflow of at least Rs 5,700 crore that would create 9,530 jobs.
The 5 auto major's name are as follows:
Daimler India Commercial Vehicles Pvt Ltd
India Yamaha Motor Ltd,
Ashok Leyland- Nissan Motor Company Ltd(Joint Venture)
Eicher Motors Ltd
Philips Carbon Black Ltd
In the global automotive arena Chennai is known as the Detroit of India.By no mean's it's a small feat, what makes Tamilnadu so attractive to auto manufacturer's?
Is it
-The proximity of being close to the port?
-The quality of manpower?
-The available infrastructure in the state?
-The incentives provided by the Government?
Please feel free to share your thought's,
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