Ravi

Is the scope of being Automobile Engineer in India more than in USA or any foreign countries?

Please solve my query with right info

by Ravi
1 answer
| Share :

1 answer

RE: Is the scope of being Automobile Engineer in India more than in USA or any foreign countries?

Rahul Shinde
Rahul Shinde
Verified Career Expert
Career Consultant at Pinnacle School of Business Management
  • Thane

Hi,


Greeting's for the day!!!

The Indian Automobile industry is going through a phase of rapid change and high growth. with new projects coming up on a regular basis, the industry is undergoing technological change. The major players are expanding their plants and focusing on mass customization, mass production, etc.


Investment in Auto Sector:
Nearly every automobile company is investing at higher rate than ever before to achieve a high growth trajectory. The overall investment in the sector has been increasing quite rapidly. It is expected that by the end of 2015 Indian Automobile Sector will be investing a huge amount as Rs. 35,000 crores


Growth in the Sector:
At present the industry is enjoying a growth rate of 14-17% per annum, with domestic sales growth at 12.8%. The growth rate is predicted to double by 2015.

As it is seen, the total sales of passenger vehicle cars, utility vehicles and multi-utility vehicles in the year has increased in such a way that they have overtake Germany and Japan in Sales Volumes.

Financing schemes ave become an important factor in the growth of automobile sales. More and more financial schemes are coming up with easy installment plans to lure the customers.

Apart from the domestic production, the industry is consistently focusing on the automobile exports. The auto component segment is contributing a lot in the export arena. The liberalized policies of the government are now making the companies go for more and more exports.

As various Global Automobile Companies are trying hard to setup their brand in the Indian Industries, and with lot many exposure to Exports, the Scope for being an "Automobile Engineer" is more in India as compared to other Foreign Countries except China.

But the Pay Package in China will be lesser as compared to Indian Market.


Employment in the Sector:
Investment is leading to the Employment growth in the sector, with the emergence of new projects and introduction of technological advancements, the focus is more on the skilled and experienced human resource. The companies are looking for skilled and hardworking people who can give their best to the organization.

The engineers in the Automotive or Electrical or Mechanical field are in demand. Some of the firms are going for automation, i.e. planing for CAD (Computer Aided Design) systems, are also recruiting people with IT specialization.

Further doubts or queries feel free to contact.

--
Regards,
Rahul

In order to post replies to the question: "Is the scope of being Automobile Engineer in India more than in USA or any foreign countries?"

Post Reply

Latest ANSWERS

List of colleges providing admission on the basis of 12th marks? Which are the various fields apart from engineering course?

Most of top private engineering colleges allows admission on basis of class 12th marks, also some of the top engineering colleges of Bangalore are bes .. read more

i am going to complete my graduation through sv university, tirupati, kindly please intimate me about carrer for my igher studies in india & foreign ?

Please Send Me Our Conversation Details to My Email ID: vvronline.in@gmail.com .. read more

Eligibility and exemptions for Section B and AMIE Architecture?

Sir, Actually l passed B.SC with electronic science stream and diploma from IPWE and want to join AMIE Architectural. So please refer me the guideline .. read more

Best Online Mock Tests to crack UGC NET Paper 1??

Hello Arun..!! Mock tests are the best way to analyze your preparation and boost up your confidence. I will suggest you to go for the UGC NET Mock Tes .. read more
Most Popular

Hii i want to do pgdm in financial market...is National institute of financial management faridabad is good or not...i mean m looking to do pgdm from that institute...is it worth it or not ? Pls tell me asap thanks

  Dear Aspirant. NIFM is an autonomous Institution of Ministry of Finance, Govt. of India and the PGDFM is a 2-year full-time program a .. read more

What are the things if a Psychologist learns, will be helpful in long run?

1. Psychometric testings like testing - personality, intelligence, academic performance. 2. Therapeutic techniques like Cognitive Behaviour Therapy, R .. read more

I am a failiure of class 12 what can I do..?? plz suggest me I am so confused I want ot make my career in army

Yes  .. read more

After M.A. in psycoloy through IGNOU where shouid i study clinical psycolog??

If you want to become a clinical psychologist, then you should study M.Phil in clinical psychology which must be approved by RCI. For that course MA P .. read more
Caching Date: 10/18/2017 12:46:06 PM