Indian Automobile Research Articles

Analysis of Financial Stability in Indian Automobile Industry

The Indian automobile industry plays a pivotal role in the nation's economic landscape, contributing significantly to GDP, employment, and technological advancement. In recent years, the sector has faced considerable challenges, including shifting consumer preferences, regulatory changes, economic uncertainties, and the impact of global disruptions such as the COVID-19 pandemic. This paper aims to analyze the financial stability of the Indian automobile industry by evaluating key financial indicators, such as profitability, liquidity, and solvency. It also explores the industry's adaptability in the face of macroeconomic challenges, including supply chain disruptions, rising input costs, and changing regulatory landscapes related to environmental standards. Furthermore, the paper assesses the influence of government initiatives like the Production-Linked Incentive (PLI) scheme and electric vehicle adoption on the overall financial health of the sector. By employing both qualitative and quantitative analyses, the study provides insights into the sustainability and resilience of the Indian automobile industry, highlighting the critical factors that determine its financial stability and its potential for future growth in a dynamic economic environment.

Trends of Total Factor Productivity in Indian Automobile Industry: DEA based Malmquist Approach

Trends of Total Factor Productivity in Indian Automobile Industry: DEA based Malmquist Approach

Analysis of Supply Chain Resilience Enablers and Business Outcomes Using Delphi and Fuzzy ISM for Indian Automobile Industry

Analysis of Supply Chain Resilience Enablers and Business Outcomes Using Delphi and Fuzzy ISM for Indian Automobile Industry

A Comprehensive Analysis of Corporate Tax Norms in the Indian Automobile Manufacturing Sector

A Comprehensive Analysis of Corporate Tax Norms in the Indian Automobile Manufacturing Sector

Impact of dealer profitability on dealer satisfaction: A context of Indian automobile industry

The purpose of this study is to explore critical factors that defines the level of satisfaction and bond of relationship between Automobiles companies and their dealerships. Indian Automobile Industry is one of the world’s fastest growing Industry and the success of Auto companies is largely depend on their robust and healthy dealer network. In this paper, we attempt to identify critical factors which can influence the relationship of Manufacturer and Dealers. The research is based on a survey carried out in Pune region of Maharashtra, where we focused on identified critical factors of mutual relationship. It was also noted that new age Auto dealerships owners are looking forward for relationships beyond just return on Investment. Using statistical data analysis, we also attempt to identify most critical factors that can influence Dealer-OEM relations. These factors were return on Investment, Future growth potential, Support from OEM team, Involvement in policy decision making and supply of quality product. The results also indicate the roles and responsibility of an OEM in building strong relationship with its dealers to improve the sales.

Challenges in Adopting Industry 4.0 for Indian Automobile Industries: A Key Experts’ Perspective

Challenges in Adopting Industry 4.0 for Indian Automobile Industries: A Key Experts’ Perspective

Analysis of KIA’s Intelligent Manual Transmission

Abstract: It is difficult to decide that the new Intelligent Manual Transmission in the KIA motor’s vehicle is an automatic or a manual transmission from the point of view of user. In general, iMT is a manual gearbox, but talking about it’s mechanism it has gears with mechanism that looks precisely like any other manual transmission. The iMT transmission does not have clutch, it contains only a break and throttle. To be noticed, it’s not totally automated. iMT is the next generation gearbox technology in Indian automobiles ater the AMT (automated manual transmission) that Maruti Suzuki popularized. It is now available in the KIA Seltos, Carens etc.

A study on Cost Effectiveness and Profitability of Indian Automobile Industries

A study on Cost Effectiveness and Profitability of Indian Automobile Industries

The Role of Psychological Empowerment Dimensions in Promoting Innovative Work Behaviors via Creative Self-efficacy in the Indian Automobile Industry: An Empirical Investigation Using PLS-SEM and IPMA

The Role of Psychological Empowerment Dimensions in Promoting Innovative Work Behaviors via Creative Self-efficacy in the Indian Automobile Industry: An Empirical Investigation Using PLS-SEM and IPMA

Financial Analysis of Indian Automobile Original Equipment Manufacturing Companies

Financial Analysis of Indian Automobile Original Equipment Manufacturing Companies

Indian Automobile Supply Chain Conceptual Framework in the Perspective of Technology Acceptance Model (Tam)

Innovation and introduction of technologies are recently found to have vast impact on the automotive industries. The technological interventions are also found essential for the internal management of the stakeholders. Thegiant automobile manufacturers and their suppliers need to adapt to the markets, and also to consumer’s demand accordingly. For these noticed changes is being required to become adjusted with the newly introduced trends in the markets, there arise some urgencies. These urgenciesare basically for the adoption of faster and more efficient technology and also for a generalized process management The paper is drafted to propose a conceptualsupply chain management framework leading for the Automobile Industry, especially in the passenger car manufacturing sector in Indian context. The framework and modelare being used toaccept the Technology Adoption Model (TAM) for this digital transformation of Automobile Supply Chain in Indian Territory.

Determining the Purchase Reasons Behind the Acceptance of Electric Vehicles in the Indian Automobile Market

Determining the Purchase Reasons Behind the Acceptance of Electric Vehicles in the Indian Automobile Market

Mapping the Intersection of Liquidity and Profitability in Indian Automobile Industry: A Panel Data Approach

Mapping the Intersection of Liquidity and Profitability in Indian Automobile Industry: A Panel Data Approach

Adoption and Design of Supply Chain Agility Model by Indian Automobile Manufacturing Industry for Enhancing Environment Sustainability <br>

Adoption and Design of Supply Chain Agility Model by Indian Automobile Manufacturing Industry for Enhancing Environment Sustainability <br>

Adapting to the Pandemic: The Influence of Digital Media on the Indian Automobile Sector

Adapting to the Pandemic: The Influence of Digital Media on the Indian Automobile Sector

Assessment of the readiness and maturity for Industry 4.0 adoption in Indian automobile industries

Purpose: This paper addresses the urgent need to comprehensively assess the preparedness of the Indian automobile industry for adopting Industry 4.0 technologies, a critical imperative for sustaining global competitiveness in one of the world’s largest and fastest-growing automotive sectors. The study introduces the Maturity Assessment and Readiness for Industry 4.0 in the Indian Automobile Industry (MARI-IA) Scale, offering a novel contribution to the scientific discourse on this vital issue.Literature Review: The existing literature review underscores the scarcity of tailored tools specifically designed to evaluate Industry 4.0 readiness in the distinctive context of the Indian automotive industry. Methodology: To bridge this gap, the paper employs a survey methodology involving 55 participants from 14 diverse organisations, spanning original equipment manufacturers (OEMs), supplier industries, and service centers. The chosen research object is these organisations, strategically selected to represent the spectrum of the industry. Utilising the MARI-IA Scale, the study systematically assesses maturity and readiness across five pivotal dimensions: Vision, Machines, Practices, Products, and People. Results: The findings reveal discernible variations in readiness levels, with OEMs exhibiting the highest preparedness, followed by supplier and service industries. Large-scale industries consistently outperform their medium, small, and micro-scale counterparts, indicating a pronounced scale-dependent disparity. Notably, the ‘People’ dimension garnered the highest rating, suggesting an existing readiness for skill enhancement initiatives and heightened customer awareness initiatives. In contrast, the ‘Vision’ dimension is rated the lowest, signalling a pressing need for increased strategic commitment and top management involvement in implementing Industry 4.0 initiatives. Value: The empirical analysis conducted substantiates the relevance and applicability of the MARI-IA Scale in effectively evaluating ndustry 4.0 readiness in the unique context of the Indian automobile industry. Beyond a mere assessment tool, the results of this study carry significant practical implications for stakeholders, offering a roadmap for enhancing Industry 4.0 preparedness and maintaining a competitive edge in the global automotive landscape. This research is a foundational resource for scholars, industry practitioners, and policymakers navigating the dynamic landscape of Industry 4.0 adoption in the Indian automobile sector.

Corporate Sustainability Practices in Indian Automobile Industry: Enhancing Government Initiatives, Economic Improvements, and Environmental Practices

Even though automobile manufacturers are striving to address sustainability issues by introducing corporate sustainability practices, there is limited studies related to this issue. This study aims to identify valid and accurate CSP, analyze causal interrelationships between aspects under uncertainty, and propose the criteria for practical implementations. This study proposed six aspects and seventy-three criteria. By employing a Fuzzy decision-making trial and evaluation laboratory (DEMATEL), our result confirms 39 criteria out of 79 original criteria. The most important aspects were organizational structure, societal features, technological utilization, actions taken by the government, and innovative ideas. The most significant criteria are assurances of security and auditing, sponsorship of sporting or recreational projects and gifts, support for arts and culture, awards related to social sustainability, internal control mechanisms, environmental management systems, and product environmental impacts. This research contributes to the existing corpus of knowledge by identifying the fundamental CSP characteristics required to facilitate the achievement of sustainable organizational goals, and then identifying the causal interrelationship between those characteristics. In addition, this study offers suggestions for policy makers to focus on governmental initiatives business social consciousness, technological innovation, and sustainable organizational culture in order to enhance CSP.

What are the best practices for End-of-Life Vehicle management – A practical assessment of estimates, perceptions and policies

PurposeThe primary purpose of the present research is to assess the people's awareness level of End-of-Life Vehicle (ELV) management in India. The study proposes to estimate the projected annual demand for the new ELVs over 15 years from 2020–2035 and assess the growth rate in new annual ELVs.Design/methodology/approachEmploying a mixed method study, the authors obtained secondary data from the annual reports from the Society of Indian Automobile Manufacturers (SIAM). In Study 1, the authors employed log-linear regression and compounded annual growth rate (CAGR) to compute the growth rates for these projections. After that, the authors collected the primary data of vehicle users (n = 920) using survey methodology, both open and closed-ended items completed the test battery (Study 2A and 2B). While open-ended items were analyzed qualitatively, the closed-ended items were analyzed quantitatively.FindingsThe estimation of annual ELV estimates and their cumulative figures over 15 years determined the market size in the future, outlining the importance of ELV management. The qualitative approach helped deduce the people's most prominent sentiments regarding decommissioning and the ELV management process. From the primary analysis, the authors concluded that people perceived the ELV management process positively; however, there are areas where the government's specific attention is warranted.Originality/valueIn this study, the authors have outlined how specific measures in ELV management can result in a sustainable circular economy. Additionally, the authors have designed a test battery to understand people's perception, which is first of its kind effort to understand what people think about ELV management. Studies globally considering people's perception of ELV can employ the test battery designed for this study. Additionally, countries that have ELV management in nascent stages can refer to India's experience with ELV management and the related people's perception.

Foreign Direct Investment in Automobile Sector in India

India believes that manufacturing is crucial for national development, and the manufacturing sector contributes significantly to the country's GDP. Among various production sectors in India's manufacturing industry, foreign promoters have played a noteworthy economic role. The automobile industry and its auto components sector hold a prominent position in the global market. This paper focuses on the growth of Foreign Direct Investment (FDI) inflows in the Indian Automobile sector and examines the impact of the industry's size on FDI inflows. Notably, during the financial years 2021-2022, FDI in the Indian Automobile sector witnessed a remarkable growth of 326.1164%, ranking fifth in attracting the highest FDI inflows. The size of the industry holds a significant influence on the growth of FDI inflows in India.

Estimating Demand for Passenger Cars : A Model for the Indian Market

Purpose : This study analyzed trends in Indian passenger car sales for the decade 2010–2011 to 2019–2020. These trends were decoded via demand functions estimated using multiple linear regression. This has crucial theoretical and managerial implications. Methodology : Multiple linear regressions were carried out using SPSS for different segments of the passenger car industry, namely, mini, compact, super compact, mid-size, executive, and premium. While sales of passenger vehicles were the dependent variable, personal disposable income, product price, fuel price, and interest rates were explanatory variables. Secondary data from the Society of Indian Automobile Manufacturers (SIAM), State Bank of India (SBI), Indian Oil Corporation Limited (IOCL), and the Ministry of Statistics and Programme Implementation (MoSPI) were sourced. Findings : Demand for most types of passenger cars in India has slowed down, except for compact cars. The regressions show that the mini segment is affected by vehicle price and interest rates, and a lower Goods and Services Tax (GST) for small cars could boost sales. In the compact segment, the price remains a significant factor. Interest rates matter most for the super compact segment, while the preference for better category cars or utility vehicles increases with rising income for mid-size and executive segments. Practical Implications : A demand-side analysis can benefit companies and inform policy decisions to overcome the recent slowdown. The regression model can advance theory and academic research and aid in supply chain management, demand forecasting, and inventory management studies. Originality : Unlike prior research on the Indian automobile sector, this study bifurcates the heterogeneous market into segments and conducts econometric analyses.