A STUDY OF FINANCIAL PERFORMANCE ANALYSIS OF MAHINDRA & MAHINDRA AND TATA MOTORS

  • Nidhi Shankar Singh

Abstract

The automobile sector of India is one of the largest sectors in the
world with a GNP (Gross National Product) of 23.96 million in FY (Financial
Year) 2011-2012. India as country is also a prominent exporter country in
the field of automobile. The Indian market is trying to make India leader of
two wheeler (2W) and four wheeler (4W) vehicles till the year 2020. The first
car was run on Indian road in year 1897 when India was in condition to
import cars and that also in a very lesser amount or number. Around year
1991 the opening up of 100% FDI was automated for the automobile sectors
of Indian market. The automobile industry has grown up in past few years.
Profit plays the role of blood for the companies therefore there should be
enough profit for the firm to make the firm move on smoothly and efficiently
lifelong.

Published
2019-12-30
Section
Articles