Archive for the ‘automotive industry’ Category
Automotive industry plays a responsible and worthy role in economy of a country.Present scenario indicates a stupendous growth in the industry across the globe.Affordability, increased purchasing power and a desire for better lives is driving people from all walks of life to own a four wheeler. It is no more restricted to be the luxury of rich and famous.If statistics are taken in to consideration, in India, cars manufacturing has grown from 7, 23,330 cars to 13, 08,913 cars in barely three years. This promises an undeniable growth and development of automotive parts manufacturing also.
Established in 1976, Pricol has been a premier and expert manufacturer of automotive parts.It is reckoned as market leader in automotive industry of India for uncompromising quality, profit productivity and time bound deliveries.
Any industry or trade flourishes exceedingly in favorable situations. It further boosts the sales and profitability when policies and regulations that are introduced promote business.Technology has made access to all relevant information instant, simple and easy.Government is formulating and introducing flexible rules that are export and import friendly.The most recent example of such an initiative is the launch of the Harley Davidson brand of motorcycles in India.Many such automotive giants are looking at India as potential market.Almost every quarter there is new product line launched; specific designs are being developed to cater to Asian and Indian market.
Pricol has delivered and is continually upgrades it systems to meet future demands of the automotive industry.The manufacturing and services units provide trustworthy and expert technical know-how of the vehicles of all segments.The product range offers spare parts for motorcycles, scooter, cars, SUVs, MU Vs, Trucks, trailers, tractors, bus, and fleet management equipments among others.
Launch or new product range also needs strong maintenance and support teams for ceaseless and efficient functioning of all the vehicles.The automotive industry is widespread sector .It involves aviation industry,land transportation and tools.The expert team of professionals at testing facilities located at various states of India; work hard and are involved at every stage of product development, engineering or services.Pricol has all the standard certifications (ISO /TS16949, ISO 14001 etc) accredited essential for meeting national and international standards of quality of production.
Pricol has state of art lab and testing facilities.It has manufacturing units in all major cities like Delhi, Gurgaon, Mumbai, Coimbatore etc. These facilities are well structured and fully functional to meet the demand of sophisticated machines.The International collaborators like Ceranaro Pricol India, Italy, Blue Ridge USA, Turbo tools has provided Pricol with an edge over others in advance technology. Virtual Prototyping technique used extensively in product engineering and development helps customer, manufacturer and support teams in powerful way. It reduces cost, risk factor and gives accurate perspective of fittings in accordance with style, design and actual mechanical requirements of the vehicle. Pricol limited is a major contributor in the growth of automotive Industry of India.
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Automotive Industry
The automotive industry, one of the most important industries in the world, has left its mark not only on the economy but also on the world cultures. The automotive industry is involved in the design, development, manufacture, marketing, and sale of motor vehicles.
More than 73 million motor vehicles, such as cars and commercial vehicles were produced worldwide in 2007 with a total of 71.9 million of new automobiles sold: 22.9 million in Europe, 21.4 million in Asia-Pacific and 19.4 million in USA and Canada. While markets in North America and Japan have stagnated, those in South America and Asia have grown, with the most rapid growth coming from Russia, Brazil and China.
The Automotive Industry produces automobiles and other gasoline-powered vehicles, like buses, trucks, aeroplanes, and motorcycles, but also electricity-powered vehicles, such as trains. Not only does it provide jobs for millions of people worldwide, but the revenues generated reach well over billions of dollars, providing the necessary base for a wide range of other service and related industries.
The invention of automobiles revolutionized transportation in the early 20th century, and the way people lived and commuted for pleasure or business was forever changed. Goods could be taken farther and faster, and new market areas were now opened to facilitate business and commerce.
Overall costs of production were brought to a minimum with methods such as mass production, meaning that several products were made at once, mass marketing- products were sold nationally not only locally), and last but not least, globalization of production assembling products with parts manufactured all over the world.
However, in 2008 due to increased oil prices the automotive industry is subject to pressures from higher prices of raw material combined to changes in the buying habits of consumers. Moreover, the industry is at the same time up against external high competition coming from the public transport sector, since consumers are just now starting to evaluate the use of their private vehicle.
In North America, the automobile industry is dominated by the famous Big Three:
General Motors (producer of Chevrolet, Pontiac, Buick and Cadillac, etc) Chrysler (Chrysler, Jeep and Dodge) Ford Motor Co – (Ford, Lincoln and Volvo)
Unfortunately, the automobile also means related problems, like air pollution, the emission of gases leading to imminent global warming, traffic, not to mention fatalities. Nevertheless, the automotive industry is still an important source of employment and transportation for billion of people all over the world.
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The Indian automotive components industry has fast emerged from a supplier of the domestic market only, to one of the central and best auto parts supplier of Asia. Apart from being a significant player in the global automotive supply chain, auto component companies India also supply high-value and sophisticated auto components to renowned auto makers such as General Motors, Toyota, Ford, Volkswagen to name a few.
Most global auto makers purchase Indian auto components to meet the growing demands for hardy and genuine spare parts. According to statistics revealed by the Automotive Component Manufacturers Association of India (ACMA), the estimated turnover of the auto component industry will be around US $19.2 billion, in the year 2009-10. Whereas exports from the auto component companies India will be around US $3.2 billion. The maximum percentage of Indian automotive components is dominated by engine parts that accounts to almost 31%, 19% by drive transmission and steering parts and 12% each by suspension and braking parts and body and chassis respectively. The best auto parts supplier from India covers three main clusters mainly, commercial vehicle suppliers Delhi and NCR regions, Pune and Chennai.
Initiatives of the UNIDO–SPX further helped the Indian Auto component manufacturers to reach out to the global auto majors by organizing noteworthy and useful events such as the Auto Expo 2010 held from 5-11 January 2010 in New Delhi. The UNIDO-SPX India is a technical information and match making centre for industrial subcontracting and supply chain management that helps small and medium sized companies to reach out to the global audience and make a foothold in the international market. Various auto component companies India, especially from the small and medium sectors were immensely benefited from this Auto Expo fair that strengthened their chance of creating tie-ups with big international as well Indian players in the automobile industry. The various delegations from all around the world who were participating in this Auto Expo also got a chance to get into contract with commercial vehicle supplier Delhi & NCR, Pune and Chennai to purchase Indian auto components.
According to the Investment Commission of India, India is among the most competitive manufacturers and best auto parts supplier in the world. More and more international auto component makers including big names like Delphi, Visteon, Bosch and Meritor are interested to purchase Indian auto components and have set up operations in India. Apart from this India is also becoming the main hub for research and development of automotive components with companies like Bosch, Suzuki, Johnson Control etc setting up research and development centers in this country.
ACMA is the main agency for the Indian automotive components industry that helps the auto parts manufacturers to participate in international trade and technology fairs, send delegates abroad, bringing out publications on various automotive industry issues etc. ACMA also helps the auto component companies India to maintain their standard and quality of products and keep themselves upgraded according to international standards.
India is the second largest producer of motorcycles in the world after China. The vast range of vehicles made in India includes;
• Light passenger vehicles including passenger cars, MUV’s, SUV’s, Commercial vehicles including light commercial vehicles, medium and heavy commercial vehicles and buses,
• Tractors that include earth moving, and construction equipments,
• Two wheelers including motorcycles, scooters, mopeds and
• Three wheelers including passenger carriers and goods carriers.