Indian Tyre Industry Indian Tyre industry is worth around Rs 300 billion for FY11. The industry was mainly dominated by the 5 players namely: MRF Apollo Birla Ceat JK tyres The 5 account for over 85% of the market share. The 5 companies manufacture tyres for all segments expect for two wheelers. In two wheelers […]
Auto Sector Auto Sector is among one of the most vital sectors for the economy as it is the key economic growth factor. Its direct dependence on oil use affects the national security, economy, and the environment of the economy. When the global oil prices are high, an increase in operating cost is seen for […]
Mahindra & Mahindra Limited Mahindra & Mahindra Limited (M&M) is an Indian multinational automaker headquartered in Mumbai Maharashtra, India. Company Information One of the largest automobile manufacturers by production in India Subsidiary of Mahindra Group conglomerate Founded in 1945 as a steel trading company in Ludhiana as Mahindra & Mohammed Founded by brothers K.C. Mahindra […]
BYD When companies are facing trouble in their core markets, they tend to hive off unrelated assets to focus their energy on regaining their mojo in their core products. However BYD which has been facing one trouble after another in their automobile division is not following the playbook. The company which announced massive new investments […]
The LED chip industry flourished in China as the government provided capital subsidy to small companies to buy MOCVD tools which help in making these chips. With oversupply, prices have crashed to below costs leading to bankruptcies. China is now seeing the 3rd Green Industry Bubble Bursting with LED chip manufacturers in China going bankrupt […]
Train Accidents in India are starting to happen with surprising regularity with hardly a month passing by without a major collision or accident. Small accidents seem to be happening every day with news report of a collision not generating any mindshare these days. Road Accidents in India too happen with great regulatiry with some estimates of 1000 Road Deaths happening in India every day . This is due to government and people apathy towards safety regulation and following of laws and norms. It is just not resticted to trains but encompasses the entire system such as fire safety etc. Without a major change in the people attitude towards safety regulation expect such accident and waste of human life will continue to happen.