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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

3

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