An Exploration Into the Factors Driving Working Professionals Buying Small Cars

2017 ◽  
Vol 19 (1) ◽  
pp. 175-186
Author(s):  
Biranchi Narayan Swar

India is the one of the top 15 largest passenger car markets globally and is expected to be among the top 10 markets by 2016. Post-liberalization, many foreign manufacturers have set up their operations in India. It is expected that the small car segment is set to grow at a compound annual growth rate of 15–16 per cent in the next five years. During its early stages, the auto industry was overlooked by the then government and the policies were also not favourable. The liberalization policy and various tax reliefs by the Government of India in recent years have made remarkable impacts on Indian automobile industry, especially the small car segments. Moreover, it is the small car that is going to dominate the Indian roads, generate volumes and strengthen manufacturers’ bottom lines in future. This article is an attempt to explore factors driving working professionals buying small cars. The data was collected from 250 respondents and analysed with exploratory factor analysis (EFA) using varimax rotations. The analysis extracted four factors such as artistic, economical, safety and security, and comfortability. The managerial implications include the following—small car dealers need to adopt strategies to understand working professionals’ safety, security and comfortability concerns and formulate strategy accordingly.

Author(s):  
Sanjeev Kumar

After the implementation of Fiscal Responsibility and Budget Management (FRBM) Act in India, a debate has been started among the economists as to the relevance of the deficit cutting strategy. The objective of the study is to analyses the emerging trends of central government’s major deficit indicators viz., fiscal deficit, revenue deficit and primary deficit in Indian economy from 1980-81 to 2015-16. The study period has been divided into three sub-periods i.e. pre-liberalisation period (from 1980-81 to 1990-91), post liberalisation period till FRBM Act (from 1990-91 to 2002-03) and the post Fiscal Responsibility and Budget Management (FRBM) Act (from 2003-04 to 2015-16) in reply to the worldwide financial crisis and succeeding return to a fiscal consolidation path. The exponential model has been fitted to the time series data for estimating compound annual growth rate (CAGR) of fiscal indicators. The compound annual growth rate has been estimated for The finding point out that the crisis led to the burgeoning of the government deficit to unsustainable levels and encouraged the government to initiate and adopt economic reforms during the study period 1980-81 to 2002-03 and also ensure that the deficit stood at more reasonable levels. On the other hand, the central government has been more proactive and has undertaken fiscal policy reforms to ensure a steady reduction in deficit indicators of central government leading to a more resilient economy after the implementation of FBRM. The study suggested that for fiscal reforms to succeed, continued high economic growth is a prerequisite which in turn requires strong social and economic infrastructure.


Author(s):  
Pavitra Balundagi ◽  
Dr. G. G. Joshi

The government of Karnataka has announced wine policy, as result of which many wine yards were established. Nisarga winery in Vijaypur district was one such unit. The specific objectives of the study are to estimate the growth rates in production and sale of different wines and to study per liter production cost of different wines. The primary data for the year 2017-18 was collected from the general manager of the unit. The growth rate analysis, descriptive statistics were used for the study. The Compound annual growth rate of production of Nisarga winery was 1.94 which was non-significant whereas its 1.86 for sale which was significant @ 1 per cent.


Author(s):  
Vinesh Raj S. ◽  
Meghna Gohain

COVID-19 pandemic has made a tremendous impact all across the globe. It is clearly reflected in the ongoing lockdowns, closing down of almost all shops, restaurants and public transportations, surge of unemployment etc. all culminating into severe economic depression. Malaysia, also, has faced this hit of recession, depreciation, and unemployment to a great extent with the current pandemic situation. However, when everything seems to be crumbling, e-commerce appears to have found its golden break in raising its profit and contributing to the overall GDP growth of Malaysia. There are various factors that played into the booming of e-commerce owing to the current pandemic situation. Needless to say, the value of e-commerce in helping the depleting economy and just plain convenience for people to purchase essential commodities during lockdown cannot be denied. Even the government of Malaysia has been showing support by encouraging local Micro, Small and Medium Enterprises (MSMEs). E-commerce has the potential to become a major source of contribution to the country’s economy. However, it needs to ramp up their infrastructure regarding security, delivery, and customer services. Additionally, importance should be given to local businesses in order to empower the local e-commerce sector. This article aims to give an overview of the trend in the growth of e-commerce during the COVID era and its potential growth in the next four years based on Compound Annual Growth Rate (CAGR) and Statista Digital Market Outlook and the factors that have led to the boom in e-commerce in Malaysia.


2019 ◽  
Vol 9 (1) ◽  
pp. 85-89
Author(s):  
Nutan Gaud ◽  
M. P. Singh ◽  
Bhoopendra Singh

The present study aims to analysis authorship pattern and collaboration coefficient of library professional’s competency publications research from 1999-2018. The data has been downloaded by Scopus database. A total number of published articles during the period of study was 433 in the particular database on the topic of ‘professional’s competency’. The study examine various scientometric parameter such as authorship pattern, year wise distribution of publication, determine the annual growth rate and compound annual growth rate of publication, relative growth rate and doubling time of publication and so many. After the analysis, it is found that the highest 11.78% of an article published in the year 2015. The highest growth rate in 2000 and the lowest in 1999. The United States published highest 174 article and secured first place in top five countries wish distribution of the publication. Majority of the article is published by single authors is 171 articles during the period of study.


2013 ◽  
Vol 13 (3) ◽  
Author(s):  
Greeshma Manoj

The Multi Fibre Agreement (MFA) and the quota system which governed the international trade in textiles and clothing came to an end on 1st January, 2005. The quota systems were more restrictive against cotton based fibres, which dominate India‟s textile exports. Since India has a natural comparative advantage in cotton and cotton based fibres, abolition of MFA was expected to benefit India‟s cotton industry as well as cotton based textiles and clothing sectors. This paper analyses the export performance of Indian textile industry in the post quota regime in terms of different sub sectors of Indian textiles during the period from 1992 to 2012.The entire period of the study is divided into Pre MFA (1992-2004) and Post MFA (2005-2012). Export performance has been examined in terms of annual growth rate and Compound Annual Growth Rate for the period from 1992-2012.The study finds that the textile exports have registered a strong growth rate in the post quota period (2005-2006), increasing from 2.69% in 2004-2005 to 23.14% in 2005-2006. A comparison of the different sectors of the textile export shows that all the sectors recorded an increase in the export values at different phases of the quota removal. If we compare the pre MFA growth (III Phase) and Post MFA growth (IV Phase), there has been a remarkable improvement in the export performance of all the sub sectors. Biggest gainer in the post MFA period is manmade textiles followed by cotton textiles and readymade garments. But India was not able to continue the same momentum in the succeeding years. This clearly indicates that Indian textile industry is facing so many challenges in the post quota regime. Thus, it is imperative to improve the competitiveness of our exports through policy changes, new investment and efficient supply chain management. 


YMER Digital ◽  
2021 ◽  
Vol 20 (12) ◽  
pp. 215-229
Author(s):  
Dr. Agrim Verma ◽  

Transportation system of a country has a noteworthy role to play in the development of an economy and its sectors. Automobile sector occupies a prominent place in the fabric of Indian economy. Presently, India has already touched the threshold of a major take off in the next decade and beyond to becoming one of the largest automotive (vehicle and component makers) manufacturers in the world. The objective of study was to measure the market structure of scooter segment of two wheeler industry in India for eight financial years, i.e. from the year 2011-12 to the year 2018-19. Descriptive analysis was conducted to present a profile of the industry which included analysis of average, standard deviation, compound annual growth rate, frequency, percentage of data value for each of the variables. The results of the study revealed that overall, there is existence of oligopoly form of market structure in the scooter segment of two wheeler industry in India.


2019 ◽  
Vol 39 (3) ◽  
pp. 125-130
Author(s):  
Manoj Kumar Verma ◽  
Ravi Shukla

The growth rate of literature on ‘Information Literacy’ during the period of 10 years i.e. (2008-2017) in which a total of 9496 research papers were published in the field of Information Literacy is analysed. A scientometric study is one of the most famous measurement tools to identify and find out the publications trends in the field of sciences. The study analysed and examined the different scientometric parameters i.e. year wise distributions of publications, annual growth rate, compound annual growth rate, relative growth rate and doubling time, most productive authors, geographical distributions and found that the maximum 1234 (12.99 %) were published in 2016, 25.679 per cent annual growth rate was recorded in the year 2010 and the maximum 10.212 per cent CAGR recorded in 2009. The maximum RGR 0.795 and Dt. 5.824 were recorded in 2009 and 2017, respectively. The most prolific authors were Wolf, M.S with 65 publication, followed by 31 publication by Pinto, M. The maximum citations were recorded in the 2010 i.e. 14298, followed by 13594 citation in 2011. The maximum 5770 of contributions were published by the United States, followed by the United Kingdom with 1028 contribution.


2021 ◽  
Vol 1 (2) ◽  
pp. 88-87
Author(s):  
Mahesh Rijal ◽  
Rabin Thapa ◽  
Arvind Srivastava ◽  
Gunakeshari Lamsal

A study was carried out to assess the trend of area, production, productivity and supply of potato in Kavre district, Nepal. The time-series data (1999/00 to 2017/18) were collected from the “Statistical Information on Nepalese Agriculture” published yearly by the Ministry of Agriculture and Livestock Development, Nepal and the data of potato (red and white) supply from Kavre to Kalimati wholesale market from 2000/01 to 2019/20 was collected from the official website of Kalimati market. The data were entered and analyzed using Microsoft Excel and XLSTAT. Mann-Kendall test (M-K) and Sen’s slope method were used for trend analysis. The results showed that the potato cultivation area increased by 341.786 ha/year, production increased by 8323.933 Mt/year and productivity increased by 0.231 Mt/ha/year from 1999/00 to 2017/18. Similarly, the red potato supply from Kavre to the Kalimati market increased by 13.412 Mt/year and the white potato supply decreased by 234.174 Mt/year during the period from 2000/01 to 2019/20. The instability analysis showed 34.41%, 41.36% and 11.16%. coefficient of variation for area, production and productivity while red potato and white potato supply showed 11.64% and 107.86% variation. The average annual growth rates for area, production and productivity of potato were 6.02%, 8.83% and 2.43%, respectively. Similarly, growth rate of red potato supply was 3.91% per annum while white potato supply decreased at the compound annual growth rate of 19.61%. Thus, an increasing trend of area, production and productivity and supply of potato along with a positive growth rate for the potato can be seen in the Kavre district. Findings from this study could be used to suggest necessary policy guidelines for future production and marketing strategies of potato in Kavre.


Author(s):  
Swapan Banerjee

Nowadays, people worldwide are leading to fast lifestyles due to their official work and childrens’ education. The situations compel almost every earning member who does not have enough time to buy fresh vegetables and other essential food ingredients for cooking good foods both in the lunch and dinner at home. For the last two decades, mainly office goers are dependent on convenience foods called ready-to-eat foods. Disposable income, taste preferences, working stress, and psychological tenacity are the significant factors of the growing demand for fast food or ready meals among the middle-class urban population. Recent trend shows that the global convenience food market is expected to reach a 4.4% compound annual growth rate at the end of 2025. India is also supposed to be a significant contributor among other developed countries. The country is expected to reach the compound annual growth rate (CAGR) tentatively 17%-19% (approximately $655 million) by 2025. Small-scale industries (SSI) play significant roles by engaging themselves with excellent investment in the convenience food market. The increasing demand for food products is the main reason sourced from the millions of consumers worldwide. Hence


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