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FUTURISTIC TREND OF AUTOMOTIVE MANUFACTURERS AN ANALYSIS WITH HYUNDAI VS TATA MOTORS IN FY2023

Area/Stream: Management,
Authors: Dr. P. Govindasamy
Keywords: Automotive Manufacturers, Futuristic Trends, Economic Order, Sales Segmentation, Quality and performance
Book Name /series: Futuristic Trends in Management, Volume 2, Book 7, Part 1, Chapter 3
Publication: IIP Proceedings

Year: 2022,
Month: November

Page No: 24-33,
ISSN/ISBN: 978-93-95632-95-9,
DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023B272D1457222E63.pdf


Abstract:

The transportation landscape has paradigm shift over the next 10 to 15 years with automotive sector trends - independent driving, connected vehicles, complete electrification, evolving electronics applications and shared mobility - amplifying their impact. The sprouting background benevolences have seamless openings for Indian auto manufacturers to lead the troublemaking modifications happening diagonally in all parts and increase the economic benefit, conferring to Mckinsey report. Indian auto players can develop backgrounds for invention, locally and in similar avenues overseas aiming to cope up with the complete products, combinations, or modules wide-reaching globally. In traditional micro mobility divisions (two Wheeler and three Wheeler), for Passenger Vehicles, such as cars and Sport Utility Vehicles, and light Computer controlled Vehicles, Indian players can win adopting the strategy of electrification and frugal design requirements essential for emerging markets.

Cite this: Dr. P. Govindasamy,"FUTURISTIC TREND OF AUTOMOTIVE MANUFACTURERS AN ANALYSIS WITH HYUNDAI VS TATA MOTORS IN FY2023", Futuristic Trends in Management, Volume 2, Book 7, Part 1, Chapter 3, November, 2022, 24-33, 978-93-95632-95-9, https://www.rsquarel.org/assets/docupload/rsl2023B272D1457222E63.pdf
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