Ford's reverse gear

- Four days ago the Government of India in the auto sector production-linked incentives

- Maruti and Hyundai are two companies that understand the needs of the people. Both account for two-thirds of car sales in India

Four auto companies have left India in the last year. When Ford Carrey left India last month, the government's stomach wasn't churning. When Ford left India, people criticized the government for not protecting foreign companies. Ford has left the Indian market with a hit of બે 2 billion.

India's automobile sector is a center of attraction for all auto companies in the world. The government is not worried about Ford's departure from India because ઓ 2.5 billion is being invested in the auto sector in India at various levels and stages. In the last one and a half years, 12 of the world's largest companies and domestic companies have shown readiness to invest ઓ 4.5 billion in the auto sector. These 12 companies include Skoda-Auto-Volkswagen, Yazaki Corporation, Ola Electric, Bahwan International Group, Kinetic Green Energy, Tesla, etc.

Out of these 12 companies, five companies have already prepared their business plans, including Bahwan International Group, Stanley Black and Decker, Kinetic Green Energy, Tesla and Nidec. The rest of the companies are engaged in land acquisition, construction or contract work.

The government has also announced that 3 billion has been invested in India's automobile sector in the last six years.

When General Motors left India four years ago, its share of car sales was barely two per cent. That is, when 100 cars were sold, there were two General Motors cars in it. Similarly, the sales of Volkswagen and Skoda are about one per cent. In this situation, how can it be said that India is unlucky for the world's auto car makers?

The world's top car makers have been booming in the market for cheap and small cars in India. Maruti and Hyundai are two companies that have understood the needs of the people. Both account for two-thirds of car sales in India. No car maker has been able to build a car like Maruti's Alto, which started at Rs 3 lakh. Hyundai I20 and Suzuki launched the Swift and Belino when people started demanding higher models than the Maruti 500. At that time, Tata Motors also launched cars like Tiago.

All these cars were in the range of 8 to 10 lakhs. In the meanwhile Kia came and went. It came in third in sales.

Ford set up the plant in Gujarat because it was interested in taking over the European market under the Free Trade Agreement, but the agreement could not be reached.

Success has to be built in every field. Every sector in the world is full of conflicts. The departure of General Motors, Hurley Davidson and Ford from India is due to their inability to compete.

Four days ago, the Indian government announced a production-linked incentive scheme (AIN) in the auto sector. The news sent shares of auto and auto component companies soaring.

The cabinet last Thursday put in place a PLI scheme worth Rs 4.5 crore for the auto and auto component sector. As a result, the possibility of an investment of Rs 4,500 crore in five years has increased.

The scheme will also benefit companies like Tesla, which wants to come to India, as well as local companies like Tata, which sell the most electric cars in the country, as well as Mahindra A Hero Motor Corp, which is coming to the electric vehicle sector.

Now, when electric cars and gearless cars are coming, on the other hand, Apple's driverless car is also coming in 202. Experienced people say that it is not fun to drive a gearless car but by 202, all cars are going to be gearless. The car's features are also becoming technology dependent. Fear of Atlej car hacking is rising abroad. Where there is electronics there is hacking. Car hacking means hackers take control of your steering wheel and return the steering wheel to you when you pay the required amount.

However, there is no need to be afraid at this stage. In India, small cars or Kia need to be enjoyed. Ford's reverse gear doesn't need to cure middle class tears.

The dream of the middle class .... four wheeler

The craze for cars has increased among the people of India. If any scheme after two children is playing in the minds of the middle class, it is the dream of a four wheeler. A bungalow becomes a four wheeler like Nyara's tune but people are also chanting in their minds. After the banks started giving loans and the car companies started financing themselves, the problem of car parking has arisen in the middle class societies. Maruti Alto had the highest sales as it was affordable to the middle class. Tata also dreamed of a Nano car for Rs 1 lakh and also set up a large-scale plant near Sanand but could not fulfill the dream of the people. The middle class is clever. He has turned to second hand cars instead of expensive cars. In which he turned the car into a big Swift at the price of the Alto. Seeing the interest of people in second hand cars, second hand car fairs started being organized and banks were also giving loans on second hand cars. The number of cars is constantly increasing. The car that was once considered a luxury has now become a thing of everyday use. Even in the new schemes of flats, car parking space is being allotted. It can be said that small car has fulfilled the dream of middle class car.