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  • PESTLE Analysis - Commercial Vehicles

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    Vineetkumar Remanan
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    The document summarizes key factors influencing the commercial vehicles sector in India across political, economical, social, technological, legal, and environmental dimensions. Politically, there is strong central government support. Economically, factors include uncertain fuel costs but reduced diesel consumption, tax subsidies and GST benefits. Socially, available low-cost labor and growing consumer demand are positives. Technological changes include dedicated freight corridors, e-vehicles, and automotive testing infrastructure. Legally, reforms address overloading, antitrust issues, and vehicle safety. Environmentally, improving road infrastructure and recycling obsolete vehicles promote sustainability.

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    An overview of the Commercial Vehicles segment of the Indian Automobile Industry.

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    The document summarizes key factors influencing the commercial vehicles sector in India across political, economical, social, technological, legal, and environmental dimensions. Politically, there is strong central government support. Economically, factors include uncertain fuel costs but reduced diesel consumption, tax subsidies and GST benefits. Socially, available low-cost labor and growing consumer demand are positives. Technological changes include dedicated freight corridors, e-vehicles, and automotive testing infrastructure. Legally, reforms address overloading, antitrust issues, and vehicle safety. Environmentally, improving road infrastructure and recycling obsolete vehicles promote sustainability.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    47 views1 page

    PESTLE Analysis - Commercial Vehicles

    Uploaded by

    Vineetkumar Remanan
    The document summarizes key factors influencing the commercial vehicles sector in India across political, economical, social, technological, legal, and environmental dimensions. Politically, there is strong central government support. Economically, factors include uncertain fuel costs but reduced diesel consumption, tax subsidies and GST benefits. Socially, available low-cost labor and growing consumer demand are positives. Technological changes include dedicated freight corridors, e-vehicles, and automotive testing infrastructure. Legally, reforms address overloading, antitrust issues, and vehicle safety. Environmentally, improving road infrastructure and recycling obsolete vehicles promote sustainability.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Commercial Vehicles

    Technological Legal Environmental


    Economical Social
    Political

    •-Strong •-Uncertain fuel •-Availability of -Competition •-Revise axle •-GST


    government costs. labour at low from Dedicated norms. implementation
    centre •-GST led haste cost. Freight Rail •-Revised helped in
    (Ministry of free transport. •-Increased Corridor overloading reduction of diesel
    Road Transport consumer coming up. norms. consumption.
    & Highways). •-Ease of
    finance. demand. -Introduction of •-Anti-trust •-Constantly
    •-12% growth •-Low cost of E-vehicles. laws improving road
    in exports by •- Govt. tax infrastructure.
    subsidies on steel -National •-Stringent laws
    India production. Automotive
    purchase of by ARAI. •-22 million
    •-Transparency commercial •-4th largest Testing and obsolete vehicles
    (RTI vehicles commercial R&D would need
    amendment). market. Infrastructure recycling by 2025.
    Project

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