best hr practices in automobile indusTry
Maharshi Dayanand University, Rohtak
In partial fulfillment of the requirements
For the award of the degree of
master of Business Administration
Registration No.: 1130270015
Roll No.: 1190210742
Delhi institute of higher education
This is to certify that A student of Maharshi Dayanand University, Rohtak has prepared her Training Report Entitled best hr practices in automobile industry under my guidance. She has fulfilled all requirements leading to award of the degree of mBA. This report is the record of bonafide training undertaken by her and no part of it has …show more content…
MUL introduced 'Maruti 800' in 1983 providing a complete facelift to the Indian car industry. The car was launched as a "peoples car" with a price tag of Rs40,000. This changed the industry's profile dramatically. Maruti 800 was well accepted by middle income families in the country and its sales increased from 1,200 units in FY84 to more than 200,000 units in FY99. However in FY2000, this figure came down to 189,184 units, due to rising competition from Hyundai's 'Santro', Telco's Indica and Daewoo's 'Matiz'.
Many companies have entered the car manufacturing sector, to tap the middle and premium end of car industry. The new entrants are Daewoo (Matiz), Telco (Indica) and Hyundai (Santro) in upper end of economy car market. GM, Ford, Peugeot, Mitsubishi, Honda and Fiat have entered the mid-sized car segment and Mercedes-Benz is in the premium end of market. Car manufacturers like Malyasia based Proton are also in line to hit the Indian ramp.
1.2 INDUSTRY PROFILE
A) ORIGIN AND DEVELOPMENT OF THE INDUSTRY
India is an emerging country with huge potential. The domestic economy is now growing at around 9-10% per annum and India’s importance in global terms is being reinforced by rapidly rising exports and domestic consumption. At a time when numbers of a slowdown and overheating in the Indian economy have started gaining momentum, the