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An Analytical Study Of Profitability Position Of The Selected Automobile Companies In India (for The Period Of 2009-2013)
The automobile industry in India is one of the larger markets in the world. With the increasing growth in demand on back of rising income, expanding middle class and young population base, large pool of skilled manpower and growing technology, will propel India to be among the world's top five auto-producers by 2015. ‘Profit is the engine that drives the business enterprise’. Every business should earn sufficient profits to survive and grow over a long period of time. Profitability means ability to make profit from all the business activities of an organization, company, firm, or an enterprise. It shows how efficiently the management can make profit by using all the resources available i
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