Indian Automobile Industry: A Study on the Financial Performance of selected Automobile Manufacturers
Article History Published Online: 17 August 2020 The automobile sector is the dominant participant not in India but a major contributor in the economic system of the world also. Due to its ahead and backward linkages with quite a few key segments of the economy, the enterprise has a sturdy multiplier impact on industrial growth. Over the years, the auto sector has been evolving and assembling up with challenges such as diverse as transitions, consolidations and restructuring and thereby adapting to the new market environment. The automobile sector in India grew to be the fourth greatest in the world with income growing 9.5 per cent year on year to 4.02 million devices in 2017. Overall vehicle exports from India grew at 6.86 per cent CAGR between FY13 18. The existing paper measures the economic overall performance of essential chosen vehicle groups for the duration of 5 years from 2013 2017 by using the usage of ratio analysis. The aim of this paper is to consider and evaluate the economic overall performance of chosen three agencies to fee their economic performances. The intention of this paper is to analyse by means of evaluating the threat of distinctive companies, on their strengths and weaknesses.