Some unknown facts of automobile industry


Donaldcastillo

Uploaded on Oct 3, 2019

Category Automotive

Presentation on "Some unknown facts of the automobile industry"

Category Automotive

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Some unknown facts of automobile industry

SOME UNKNOWN FACTS OF AUTOMOBILE INDUSTRY www.newsclick.in Introduction •Many people don't know that the root of our socio- economy is none other than the automobile sector. •The Democrat's lives and government economy-related decisions both equally depend on this sector. •Here are some unknown and interesting facts about the automobile industry/sector 1. Contribution in excise revenue •In the present scenario, the automobile industry contributes 18% to the total excise revenue of the country. www.businesstoday.in 2. Employment •The burning issue in the current situation. •But, the automobile sector provides jobs to about 19.5 million people. www.businesstoday.in 3. Tax •When you buy any small or Luxuries car, the automobile sector contributes Rs. 56(small cars) and Rs. 82(luxury) to the government per every 100 rs spent. www.tecnovaglobal.com 4. GDP contribution •Currently, the automobile sector/industry contributes a total of 25% of manufacturing GDP. www.blog.sanasecurities.com 5. Capacity of employment •No wonder why the automobile sector/industry is an important sector for the government. •The automobile industry if produces as per potential, huge employment can be made. www.kathmandupost.com 6. Parts of vehicles •Automobile industries have to design about 30,000 parts for a single car. www.businesstoday.in 7. The monk's prediction about the automobile industry/sector •This is not known to many but around 1200 Roger bacon, a Franciscan friar predicted the existence of cars, planes, submarines. www.discovermagazine.com 8. T fords •The car model T fords were the highest selling in the automobile industry/sector. •About 55% of models were T fords. www.en.wikipedia.org