Current state of the economy : Moderate recovery in FY 2015 and beyond After achieving strong growth of over 9 per cent for three successive years between 2005-06 and 2007-08 and recovering swiftly from the global financial crisis of 2008-09, the Indian economy went through lacklustre times that culminated in lower than 5 per cent […]
FY 2019 : Economic and Automotive Performance
India continues to remain the fastest growing major economy in the world in 2018-19, despite a moderation in its GDP growth from 7.2% in 2017-18 to 6.8% in 2018-19. On the other hand, the world output growth declined from 3.8% in 2017 to 3.6% in 2018. The slowdown in the world economy and Emerging Market […]
Marketing Process Engineering
We all are living in a VUCA World. VUCA is an acronym coined by the American Army for volatility, uncertainty, complexity and ambiguity. The term VUCA originated in the US Army War College, but spread to the business world as there are striking similarities in terms of rapid change and uncertainty. The digital age has […]
Indian Automotive Sector Updates
Passenger Vehicle sales dropped by 31% in July 2019, compared to off take over similar period of previous year. July 2019 was the ninth straight month witnessing the decline in auto sales. The glimpses of slowdown in auto industry started actually a year back from now (from Q2-FY19) and started worsening from Q1-FY20 till first […]