A Study of global crises and its impacts on Indian automobile industry
Published: 2013
Author(s) Name: Shailesh Ransariya |
Author(s) Affiliation: Shailesh N. Ransariya is working as an assistant professor with SSP Jain Arts and Commerce College
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Abstract
The global financial crisis in 2008 was a great event in the history of world
economy. Rare is a crisis of such scale. It’s easily the worst financial crisis the
world has ever seen since the Great Depression in 1930s. Global crises has had a
negative effect on India – Share market, Real estate IT and Industrial sector
leading to increased lay-offs, automobile industry, unemployment etc. In India
as in many other countries, the auto industry is one of the largest industries. It is
one of the key sectors of the Indian economy. This paper examines the impacts
of global crisis on profitability and liquidity performance of 6 selected units of
Indian auto mobile industry. In this paper, the author has attempted to study the
impact of global crisis / recession on profitability and liquidity performance of
selected units, by using management accounting technique—Ratio Analysis—
Profitability & liquidity position of the selected units have been traced.
Keywords: Global Crises, Auto Industry, Profitability, Liquidity, Ratio Analysis
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