Batch 4_Group 8_Assignment 3
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PESTEL analysis of the
Automobile Industry
Political
PLI scheme for automobiles
Shift from BS4 to BS6
Automotive Mission Plan 2016-26.
Economic
Expanding automobile market
Imminent adoption to dearer
renewable fuels
Social
Impact of demography and
geography on sales
Preference to cheaper public
transport
Technological
Competing with auto driven
cars.
Modern Technologies to reduce
emissions.
Environmental
Reduced emissions from EV.
70% lower sulphur and nitrous
compounds in BS VI vehicles
Legal
International tax and
environmental laws in foreign
markets.
Stricter and costlier safety
regulations
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