Table 3 - uploaded by Saikat Banerjee
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The global automotive industry, increasingly characterized by global mergers and relocation of production centers to emerging developing economies, is in the grips of a global price-war. The industry is subject to imperfect competition which has resulted in too much of everything — too much capacity, too many competitors and too much redundancy and...
Citations
... The automotive industry is one of the most competitive and dynamic sectors, marked by ever-evolving consumer preferences, technological advancements, and intense brand rivalry (Holweg, 2008;Nag et al., 2007). Understanding the intricate relationships between brand personality, consumer perception, and purchase decisions is pivotal in this context. ...
... Consequently, Europe has been established as the global hub for automotive production, renowned for innovation and craftsmanship. In recent years, however, Asian carmakers, particularly those from Japan, South Korea and China, have emerged as formidable competitors in the industry [2], being able to reduce costs and offer competitively priced vehicles without compromising on quality [3]. In response, European car manufacturers and other industry players have relocated some of their production to these countries to capitalize on lower labor costs in comparison to their European counterparts. ...
... In this section, the main focus will be on the various types of integration of less-developed regions into the GPNs. Nag et al. (2007) remarked that less-developed countries have been continuously struggling to expand their automotive industry through various ways with the direct and indirect influence of political organizations like the government. However, despite these challenges, there have been considerable positive developments in recent years that illustrate a growing interest in the potential of the automotive industry in these regions. ...
Foreign Direct Investment (FDI) has long been recognized as a crucial driver of economic growth and development in less-developed countries and their integration into Global Production Networks (GPNs). FDI not only brings capital from the core countries but also technology, innovation, and know-how knowledge that can upgrade the capabilities of host automotive industries. On the other hand, FDI can also have negative impacts on host countries if it leads to significant import dependency. In the case of the Iranian automotive sector, the industry greatly benefited from FDI, with Western carmakers dominating the market. Over time, various types of know-how knowledge, including joint ventures (JVs), trade licenses, and technical assistance, have been provided, helping Iran upgrade its automotive industry. While after the severe geopolitical obstacles imposed by both the EU and the U.S., the industry became over-reliant on the car and spare parts imports, and the lack of emphasis on knowledge transfer further affected the growth and development of the Iranian automotive sector. To address these challenges, current research has adopted a descriptive-analytical methodology to illustrate the gradual changes occurred with foreign suppliers through FDI. The research finding shows that after the two-phase imposed sanctions, the detrimental linkages created by overreliance on the car and spare parts imports without any industrial upgrading negatively affected the growth and development of the national and assembled products of the Iranian automotive sector.
... As well as limited farmers' expertise in agricultural machinery and new technology opposite the campaign "Kitchen of the World". Therefore, if we can develop agricultural machinery with modern technology like the development of powerful engines and the ability to interface with a semi-automatic control system [5], [6] as the organic rice grower needs. This mini multi-purpose vehicle develops from a conventional Thai tractor called the E-Tak. ...
This research aimed to develop the mini smart multipurpose vehicle (MSMPv) innovative from the conventional agriculture tractor for three objectives. The novel automatic gear modified technique for the MSMPv is proposed, then an idea to enhance peripheral capability through a hitch system. The final purpose is to support the farmer's ability to follow organic agriculture regulations on the issue of contaminated tools and machinery, especially in the rules related to contamination of equipment or machines that cannot share with conventional agricultural production. The organic rice crop plot of Nong Bua Lamphu Province in Thailand has been set to the case study. Here, farmers faced problems; lack of labour, production under an organic system that does not permit chemicals, and limited harvesting. According to the existing technology, this research has developed a typical farm tractor used in the country by inventing a manual transmission engine to an automatic transmission and accessories such as remote control, GPS, camera, and sensors. Thus, the development of this organic rice harvesting prototype should be an approach that provides both the opportunity to raise the self-reliance concept and enhance the knowledge of the development of innovative tools for farmers simultaneously.</span
... Several studies have established the fact that development of a particular sector leads to the overall economic development of the country (Abraham, 2006;Lee et al., 2016;Nag, Banerjee, & Chatterjee, 2007). A large set of studies have also explored how a flourishing manufacturing sector helps in bringing economic well-being in an economy (Jasinowski, 1992;McCausland & Theodossiou 2012;Su & Yao, 2017). ...
Indian mobile phone manufacturing sector has performed tremendously during the last few years. Currently India is the second biggest mobile phone market in the world. The total number of mobile manufacturing units in India has increased to 268 in 2019 from just 2 in 2014. Together these units employ 6.7 lakh people. The mobile phone sale in India has shown a compounded annual growth rate of 6.66 percent and 6.54 percent, respectively, for volume and value between 2007 and 2018. During 2018 the average monthly sale of mobile phones was 10 million. There were around 75 brands and 3,400 models of mobile handsets in Indian market during 2019. India now accounts for 11 percent of global mobile production, which was only 3 percent in 2014. The mobile manufacturing sector has achieved this success in a very short span of time. Hence, it is important to examine the factors that led to the phenomenal success of the sector. Second, what is the impact of this success to the Indian economy? These are the two prime objectives the current article attempts to explore. The study finds Indian policy initiatives, digital India campaign among a few others have contributed immensely to the growth of the sector. Analyzing the factors like domestic sale and export of mobile handsets, FDI received and employment generated for the period between 2014 and 2019 the study finds a positive impact created by this sector to the Indian economy.
... This has not only increased the production possibilities of cars but also fuelled international trade of components. Export and import of components have experienced almost similar growth pattern since 2000 (Nag et al, 2007).The Indian automotive component industry is highly fragmented. There-are nearly 6,400 players in the sector, of which only about 6 per cent are organised and the remaining 94 per cent are small-scale, un-organised players (KPMG Report, 2006, pp6). ...
This paper investigates the attractiveness of the branded jewellery market in Kerala and identifies the existing gaps between consumer needs and product availability there. The research process involves multivariate statistical techniques such as Factor analysis and Discriminant analysis administered on survey data collected among 300 consumers from different parts of Kerala. Factor analysis found customer convenience, product expertise, value for money, jeweler reputation and after sales service are the principal reasons for a brand choice. Marriage occasion in family is not a discriminating factor in choosing a jeweler. The study suggested more initiatives from the part of jeweler to translate consumer needs and desires in to product design in order to capture significant share in the expanding branded jewellery market of Kerala.
... The SCP model provides a framework, which defines the structure, conduct and performance of the firms and helps to analyse the way in which the structure of the industry impacts the performance of the firms through their conduct. The studies of Nag et al. (2007) and Kumar and Kaur (2014) have examined the automobile industry in the framework of the Structure-Conduct-Performance (SCP) model. Nag et al. (2007) examine the growth patterns, changes in ownership structures, trade patterns and role of governments in the automobile sector of China, India, Indonesia, and Thailand. ...
... The studies of Nag et al. (2007) and Kumar and Kaur (2014) have examined the automobile industry in the framework of the Structure-Conduct-Performance (SCP) model. Nag et al. (2007) examine the growth patterns, changes in ownership structures, trade patterns and role of governments in the automobile sector of China, India, Indonesia, and Thailand. Kumar and Kaur (2014) use the structure conduct performance paradigm to study the market concentration in the Indian automobile industry. ...
The paper attempts to identify the most influencing factors determining automobile
industry growth in India. The paper takes into account a 19-year time period from
1998 to 2016 for 12 firms belonging to the automobile industry in India. The SCP
model is used as a framework for examining the performance of the automobile
industry. Unlike, the previous studies that are mostly time-series or cross-sectional
analysis, the present study employs panel data analysis to measure the impact of
selected determinants on automobile industry growth. The paper finds that labour
and capital productivity, promotional measures, import intensity, fixed asset
turnover, net profit margin and age of the firm as significant determinants of
automobile industry growth in India. Further, the findings help to justify the impact
of industrial policies on the growth of the industry during this time.
... This has not only increased the production possibilities of cars but also fuelled international trade of components. Export and import of components have experienced almost similar growth pattern since 2000 (Nag et al, 2007).The Indian automotive component industry is highly fragmented. There-are nearly 6,400 players in the sector, of which only about 6 per cent are organised and the remaining 94 per cent are small-scale, un-organised players (KPMG Report, 2006, pp6). ...
... However, none of these studies indicated the extent to which these challenges are felt by the Automotive Industry or how to overcome them. Considering the profound importance of competitiveness to business success and to the South African (SA) automotive industry [12], it is worth investigating the extent of what is clearly a growing threat (challenge) and how SA automotive industry can best proceed to overcome it. ...
Managers are defined by their roles, responsibilities and characteristics aligned with the business goals and objective. In this, regard, the performance of the Organization, largely depend on the quality of management and leadership activities. In many cases, lack of managerial experience, incompetency, lack of leadership skills and inappropriate work experience are the major contributory factor to organizational and business failures. From studies, a major challenge within organizations is associated with restricted channels for innovation in decision-making and process optimization for managers. High emphasis on following the standardized processes, and procedures is another identified challenge. The gap between management and leadership strategies is often phenomenal. Most of the managers use the management functions of controlling, organizing, planning and directing for the applications of principles in connecting resources effectively and achieving the organizational goal without using their own personal strategies. Managers’ are generally trained to follow the policies, processes and procedures handed by their seniors whereas; leaders are there to create solutions to problems encountered in the organization on continuous basis. It is important for managers to equip themselves with both leadership and management skills, in order to be multi-facetted on problem solving without following the standardized processes and procedures. The controlling, planning, organizing and directing role of managers will be highly effective when it is merged with the leadership skills and roles in achieving objectives of that policy. It requires the art of leadership skills to motivate employees towards achieving the common goal set by the organization. Under the inadequate management systems, the members of the organization would pursue their own daily agenda which results in resource and time misuse, causing various failure loops in an organization. The research reviews methods applied in different instances and it communicates the inferences identified based on obvious patterns and correlations that have effectively worked for organizations burdened with similar challenges.
... However, none of these studies indicated the extent to which these challenges are felt by the Automotive Industry or how to overcome them. Considering the profound importance of competitiveness to business success and to the South African (SA) automotive industry [12], it is worth investigating the extent of what is clearly a growing threat (challenge) and how SA automotive industry can best proceed to overcome it. ...
Global competitiveness is a very important part of any nation, particularly the south African automotive industry were the customers demand is constantly changing and radical decisions are needed in order for the organization to stay floating among the big auto players in the world. This justifies the fact that a decision support model is eminent for the success of the South African automotive industry and growth of the country’s economy.
