Segment-wise automobile sales trend

Small Cars Large Cars UVs and Vans. Overall
20%

15% 12to 14% 13to15% 1210 14%
10% 8%

= a_i -
0%

5% -1%

 

to -2%
-10%

-15%
-20%
-25%

-30%
-35% -32 to -30 %

-15%
-20 to -18 % -20 to -18 % -20 to -18 %

mFY15-FY20 mFY21P mFY21-FY25P

Source: CRISIL Research

Underpenetrated market provides huge potential for cars and UVs

India's car market is highly underpenetrated compared with most developed economies and some developing
countries. As of fiscal 2019, India had ~23 passenger vehicles per 1,000 people. This is significantly lower than
developed nations and even nations in the BRIC block (Brazil, Russia, and China) when compared to GDP per
capita. Thus, the country holds tremendous potential for automobile manufacturers. Also, on comparing the
penetration of cars and UVs with GDP per capita across countries, India lags behind most countries, and, as such,
CRISIL Research expect the gap to reduce gradually, post the decline in fiscal 2021

REVIEW AND OUTLOOK ON ALUMINIUM CASTINGS USED IN POWER TRANSMISSION IN
INDIA

Overview

Power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an
electrical substation. The transmission segment plays a key role in transmitting power continuously to various.
distribution entities across the country. Further, the transmission sector needs concomitant capacity additions, in
line with the generation capacity addition to enable seamless flow of power.

A reliable transmission system is important for the proper and efficient transfer of power from generating stations
to load centres. A transmission and distribution (T&D) system comprises transmission lines, substations,
switching stations, transformers and distribution lines. To ensure reliable supply of power and optimal utilisation
of generating capacity, a T&D system is organised in a grid, which interconnects various generating stations and
Joad centres. This ensures uninterrupted power supply to a load centre, even if there is a failure at the local
generating station or a maintenance shutdown. In addition, power can be transmitted through an alternate route if
a particular section of the transmission line is unavailable.

Transmission system components
The transmission system can be divided into transmission line component and substation component. Both
components account for almost 50% of the total cost of setting up the system. The transmission line component

comprises transmission line towers and conductors. The main cost elements of the substation component are
transformers and switchgears.

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