Financial Daily from THE HINDU group of publications
Thursday, Mar 13, 2003

News
Features
Stocks
Port Info
Archives

Group Sites

Industry & Economy - Automobiles


Indian auto industry close to global standards

Our Bureau


(Left to right) - Mr Arun Mammen, Director, MRF, Mr Namio Hasumi, President and CEO, JD Power Asia Pacific, Mr Kobayashi, Director, Bridgestone India, Mr Randy Shockley, Vice-President - Marketing, Ford India Ltd, Mr J.I. Kim, Managing Director, Hyundai Motor India Ltd, Dr K. Kumar, Adviser - Engineering, Maruti Udyog Ltd, and Mr Atsushi Toyoshima, Managing Director, Toyota Kirloskar Motor, at the JD Power award function in Chennai on Tuesday.

CHENNAI, March 12

THERE is a quality revolution in the light vehicles industry so much so that the gap between the Indian and the global light vehicles industry is narrowing down, according to an official of J.D. Power, the international firm that undertakes quality and customer satisfaction, and other studies on the automobile industry.

There is definitely maturity in the Indian automobile industry with great impact on quality, according to Mr Gerrit Kuyntjes, General Manager, Singapore office, J.D. Power Asia Pacific.

Addressing a meeting here when the J.D. Power awards for 2002 were given away to various automobile manufacturers and tyre companies, Mr Kuyntjes said the Indian automobile industry had reached close to global standards as far as the APEAL (automotive performance, execution and layout) scores were concerned. This trend was expected to continue.

Indian consumers were increasingly becoming critical and were shopping around and crosschecking features before deciding on buying a vehicle. This meant that achieving sales satisfaction was going to be a major challenge in future.

Mr Kuyntjes said that over the last five years the number of models had increased from 31 to 59. The overall light vehicles market had also grown from 4,82,000 in 1998 to 7,04,000 in 2002. With the excise duty reduction and lowering of tariffs combined with the easy availability of funds, there was likely to be increased consumer spending on automobiles.

There would also be increased competition fuelled by entry of OEMs (original equipment manufacturers) branching out into new segments as also new entrants coming in.

Compared to conducting the quality and customer satisfaction studies in other markets, the difficulties faced in doing these studies in India included the lack of access to vehicle registration data, because of which it was difficult to increase the sample size. J.D. Power hoped to increase the sample sizes in future and also cover low sales volume mix and models. The objective was to raise the criteria for sufficient sample by 2004, and also apply the same eligibility criteria across all markets for greater comparability, he said.

Article E-Mail :: Comment :: Syndication

Stories in this Section
Looking for a good bet


Indian auto industry close to global standards
Budget hopes drive down car sales during Feb
Extra levies feared in Karnataka Budget
Industry grows 6.4 pc in January
Textile market access tops agenda of EU talks
Roadmap for future of SEZs in offing
`Priority to local body projects'
High input cost hits plastics units
Will TNERC pull the plug on free power?
Increase in power tariff decried
TN, Tripura plan projects to boost rubber output
Delhi to modify draft VAT Bill
Tax relief for khadi sector
States to provide tax relief to SSI sector
'Presence of pesticides in bottled water blown out of proportion'
Education fair for engineering colleges in TN
SUVs set to blaze new trail
FICCI officials meet Modi
CII signs MoU with Japanese body
Bio 2003 in Bangalore from April 15
Expert demands national policy to promote ARIs in Kerala
Labour laws to be amended for creating more jobs
APTDC to build hotel in Shirdi


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |

Copyright © 2003, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line