Mini Project Report

On

Emerging Technologies In Automotive Industry

A Report Submitted To
Abdul Kalam Technical University, Lucknow

Under The Guidance of:

Dr. Shefali Panwar
By: Akash Pandey
University Roll No.: 2000900700003
Semester – II
Session: 2020-21
 INTRODUCTION
TO AUTOMOBILE INDUSTRY

In 2020, India was the fifth-largest auto market, with ~3.49 million units combined sold in
the passenger and commercial vehicles categories. It was the seventh largest manufacturer
of commercial vehicles in 2019.

The two wheelers segment dominate the market in terms of volume owing to a growing
middle class and a young population. Moreover, the growing interest of the companies in
exploring the rural markets further aided the growth of the sector.

India is also a prominent auto exporter and has strong export growth expectations for the
near future. In addition, several initiatives by the Government of India and major
automobile players in the Indian market is expected to make India a leader in the two-
wheeler and four-wheeler market in the world by 2020.
35

30

25

20

No. of AutoMobiles Produced (in million)

No. of AutoMobiles Sold (in million)
15

10

0
FY18 FY19 FY20 FY21
OBJECTIVES OF STUDY
 
• To study the different aspects the automotive industry.
• To study the impact of automotive industry on the different sectors.
• To study the effects of automotive industry on the different sectors.
• To study about the outcomes of automotive industry on the different sectors.
• To study the effects of demonetization in long run for an economy.
• To study how concept of automotive industry can help a country.
LIMITATION OF STUDY
 
• The secondary data collected might consist of manipulations, which might
have given bias in the result.
• The lack of experience in preparing the project report.
• Lack of time for completion of the project.
• The method lacks flexibility. In case of inadequate or incomplete information
the result may deviate.
• It is very difficult to check the accuracy of the information provided
• Documents may lack authenticity parts of the document might be missing,
and we might not even be to verify the document, meaning we cannot check
whether it’s biased or not.
• The way things are measured may change over time, making historical
comparisons difficult.
• As a project report the area of study is vast and may be not enough for to give
any limitation.
 ADVANTAGES AND OPPORTUNITIES

ADVANTAGES

Advantages

Growing Rising Policy

Opportunities
Demand Investment Support
OPPORTUNITIES

Opportunities

Opportunities for
India is Fast Creating Sizeable Small Car
Emerging as a Market Segment Manufacturing
Global R&D Hub Through Hubs
Innovations
 Automobile Sector

Automobile Sector

Passenger Commercial
Two-wheelers Three-wheelers
Vehicles Vehicles

Mopeds and Light Commercial

Electric Scooters Passenger car Passanger Carriers
vehicles

Medium & heavy

Scooters Utility vehicles Commercial Goods Carriers
Vehicles

Motorcycles Multi-purpose
vehicles
 Market Size

12.9%

3.3%
3%

Passenger Vehicles
Commercial Vehicles
Three Wheelers
Two Wheelers

80.8%

Segment-wise Domestic Market Share in

FY21 (%)
TECHNOLOGICAL TRENDS

In-Car
E-Commerce
Sterilization

Robotic
Electric Process
Vehicles Automation
(RPA)

3D printing, a
new
generation
manufacturing
 GOVERNMENT INITIATIVE’S & POLICIES

Policies

PLI
NATRIP AMP FAME
Schemes