Starting from the good old days of Ambassadors' and Premier Padminis' to fifth generation
Accords’, the Indian passenger car segment has come a long way. In this article, we look at some
crucial aspects of the industry and its growth potential.
Once upon a time not so long ago, one could identify a student of engineering or architecture by
the drafter or the T-square they carried. But the students in the future won’t have the privilege (or
the pain) as computers have long since replaced drawing boards in the industry. It is a question of
time when the colleges follow suite. Information technology has not only changed the way the
engineering industry draws but also the way it designs and manufactures.
The Indian bakery market is still in a nascent stage. In a country where average per capita income
hovers around US$ 450 per annum, bakery items are not very high on the list of priorities for the
masses. Low margins, and a high level of fragmentation characterize the bakery segment.
Awareness is nearly 100%, however, penetration is lower in rural areas at 15-20% and at 60% in
urban areas. This is mainly because these products are consumed as snacks, and do not form part
of the main course meal.