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Shriram City—News Letter - Breeze- 1st May 2019

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Pleasure in the job puts perfection in the work.- Aristotle


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2-wheeler industry trend vs SCUF

2-wheeler business in 2019

SCUF has been maintaining the leadership status in 2-wheeler financing

in most of the geographical regions in the country in the last few years.

The performance in the financial year 2018-19 was by large on the expected lines.

We present below certain interesting facts about the 2-wheeler industry in India in general.

· India has overtaken China to emerge as the world’s biggest market for 2-wheelers

· In 2017-18, 2.01 crore 2-wheelers sold in India and occupies as the world’s largest 2-wheeler

market

· Hero Motocorp is the world largest 2-wheeler manufacturer with leadership status in the

Industry

· Two Wheelers sales registered a growth at 8.10 percent in 2018-19

· Within the Two Wheelers segment, Scooters and Motorcycles grew by 5 percent and 12 per

cent respectively,

· Within Two wheeler segment, Moped has a market share of 4% Scooter has 32% of market

share and Motorcycle has 64% of market share.

· Out of 32% of market share in Scooter segment – Western 37% NE 40% South 44% continue to

have a higher market share East 21% Central 21% and North 26%

· Bajaj gained highest market share in motorcycle segment

· Hero retained its leadership position despite 1% loss in share

· TVS Motors registered positive growth. This is due to launch of new products in premium

motorcycle and scooters

· Current penetration of financing is estimated to be between 35% - 40%

· Although liquidity issues were faced by select NBFCs., in Q-2, Q-3 impact on 2-wheeler

lending was marginal

· Industry participants expects single digit growth in the nearer to medium term

· Competition in 2W financing is expected to increase with renewed focus of banks on this s

egment

· With anticipated price hikes under BS-VI from FY 2021 the dependence on financing is

expected to increase further

Position of Electric Two wheelers in India

Two-wheelers are set to outpace four-wheelers in India’s ambitious drive towards all-electric mobility,

as all top scooter and motorcycle manufacturers have lined up their clean-energy products for launch

starting next year.

Hero Moto Corp, Honda Motorcycle & Scooter India, TVS Motor, Mahindra Two Wheelers, Yamaha

and Bajaj Auto all have scheduled launches of electric two-wheelers from 2018. The government has a

2030 target to transition the country entirely to electric vehicles

It will take some time for electric cars to be sold here. But sales of electric two-wheelers can take off

quickly,” said Sohinder Gill, director, Society of Manufacturers of Electric Vehicles. “With cost of li-ion

batteries coming down, performance of products has improved and more and more manufacturers

have started work in the segment, which will give more choices to the consumer.


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Food Wastage India is slowly drowning in its own

garbage. The rate at which India is

currently generating waste, it is

estimated that by 2030, the country will

need a landfill almost as big as the city

of Bengaluru to dump its waste. Urban areas alone generate

around 62 million tonnes of garbage every single year, making

India the third largest garbage generator in the world.

Some Alarming facts about Food Waste in India:

INDIANS waste as much food as the whole of United Kingdom

consumes this is an alarming issue in India. Our street and

garbage bins, landfills have sufficient proof to prove it.

Weddings, canteens, hotels, social and family functions,

households spew out so much food. According to the United

Nations Development Programme, up to 40% of the food

produced in India is wasted. In fact, according to the agriculture

ministry, INR 50,000 crores worth of food produced is wasted

every year in the country.

Food wastage cripples a country’s economy to an extent that

most of us are unaware. Apart from mere food wastage, there is

also wastage in transportation, storage facilities, investment in

food processing.

Not just the food is wasted but, 25% of fresh water used to

produce food is ultimately wasted, even as millions of people

still don’t have access to drinking water.

Even though the world produces enough food to feed twice

the world’s present population, food wastage is ironically

behind the billions of people who are malnourished. The

number of hungry people in India has increased by 65 million


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more than the population of France. According to a survey in

2013, 20 crore Indians sleep hungry on any given night. About

7 million children died in 2012 because of hunger/malnutrition.

This figure is definitely grown in the last few years.

Acres of land are deforested to grow food. Approximately 45%

of India’s land is degraded primarily due to deforestation,

unsustainable agricultural practices, and excessive ground

water extraction to meet the food demand.

300 million barrels of oil are used to produce food that is

ultimately wasted.

Some simple corrective measures that we could take to avoid

this:

Plan out your meal and make your shopping list to determine

what you actually need for the week. About 20% of what we

buy in urban India ends up being thrown away. You could in

the week after cut down on the surplus and soon in two or

three weeks you will have a precise list of your family’s weekly

consumption. You have no idea how amazed you will be at

how much you buy and what you actually consume. Needless

to say that the difference is but naturally wasted.

Buy in quantities you can realistically use. Avoid impulse buys.

It will more or less find the bin.

If you cook at home, make sure you cook keeping in mind

there is no excess. You can always complete your meals with

a few fruits rather than keep some extra food in the refrigera-

tor. It’s a lot better and a healthier practice too.

Select according to their shelf life. Use the green vegetables

first. Don’t throw out fruits and veggies with ‘aesthetic only’

blemishes. Use canned and bottled food before expiry dates.

Reuse the refrigerated left-overs (if any) for the very next

meal.

Even if food gets spoilt then compost it.


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Cooked food, especially since it has a low shelf life needs to

be managed better and faster. Check with NGOs who offer

to transport excess food to the needy.

If you host a family get together either at home, a marriage

hall or throw a party at a hotel, make sure you plan for the

food to be transported to a place like an orphanage or an

old age shelter.

Make finishing your plate a habit. Try to inculcate it further to

as many possible.

in India, the bigger the wedding, the larger the party and the

more colossal the waste. No doubt weddings and banquets are

a huge source of food wastage, but restaurants and hotels also

contribute to food wastage,

Next time you put your rubbish bag out, take a good look at your

rubbish. Ask yourself:

what packaging could I have avoided buying? (reduce)

what plastic container could I find a new use for? (reuse)

what could I recycle or compost? (recycle)

Reduce

There are many ways you can reduce the amount of waste your

household produces, such as:

Choose long-lasting instead of disposable items.

Choose products with minimal/recyclable packaging.

Buy in bulk to reduce the amount of packaging.

Mend broken items when possible.

Contributed by

T.V. Champakalatha. Vice President, Mumbai


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DYKS – May 2019

Rules of DYKS

The details and rules of the Do You Know Series are as follows:

Each issue will contain 3 multiple answer questions All replies to be sent to [email protected] only. The mails should be sent from the official mail ID of the employee. The response mail should be as follows;

Sl No Required Information Employee Entry/ Answer to Quiz

1 Employee Name

2 Employee Number

3 Designation

4 Email ID

5 Branch code and name

6 State

7 Answers:1

2

3

The name of the employee from each state and from whom the first correct response comes will be published in the subsequent issue of ‘Breeze’.

State wise 1st correct response to quiz in February 2019 Issue Sl No State Branch Name of Employee

1 Maharashtra Yavatmal Mr. Atul K. Kale

2 Tamil Nadu K K Nagar II Mr. Vignesh. E

3 Telangana Warangal DO Mr. Sirimalla Praveen Kumar

4 Rajasthan Pali Mr. Prakash Solanki

5 Jharkhand Bokaro Sec-4 Mr. Bijendra Kumar

6 Uttar Pradesh Rampur Mr. Hari Om

7 Andhra Pradesh Vijayawada Mr. Kondru Suresh

8 Odisha Bhubaneswar Z.O Mr. Kamal Kumar Puthal

mailto:[email protected]


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DYKS – MAY 2019 1.OPEC is a permanent, intergovernmental Organization, created a the Baghdad

Conference on Sept -14, 1960 by Iran, Iraq, Kuwait, Saudi Arabia & Venezuela. What is the

full form of OPEC?

a. Organization of the Permanent Exporting Countries

b. Organization of the Petroleum Exporting Chamber

c. Organization of the Petroleum Exporting Council

d. Organization of the Petroleum Exporting Countries

2.A person returning from abroad can retain foreign currency up to what period?

a. 60 days

b. 30 days

c. 90 days

d. 180 Days

3.Which of the following banks has opened the country’s first, “Cash Factory” in Lucknow

which has issued currency notes to all its branches and ATMs in that area?

a. Bank of India

b. Bank of Baroda

c. State Bank of India

d. Union Bank of India

Answers to Quiz of February 2019 issue Sl No Question Answer

1

The Finance Minister stated that persons

having gross income up to Rs._______ lakhs

are not required to pay any income tax if

they make investments in provident funds,

specified savings & insurance, etc.

D. Rs.6.50 Lakhs

2

TDS Threshold on interest earned on bank/

post office deposits is being raised from

C. Rs.40000

3

The Finance Minister stated that the

Government has been successful in bringing

down the average inflation to ______ over

last 5 years.

B. 4.6%


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Communication Address:

Editorial Committee, (News Letter—Breeze)

Shriram City Union Finance

144, Santhome High Road, Chennai—600 004

Phone: 044 43925300

Email: [email protected]

Editorial Committee

Shri K.Subramaniam CO, Mylapore

Smt M.Subhashree BSC, Santhome

Shri N.R. Sivakumar SFPS,Santhome

“Live as if you were

to die tomorrow,

Learn as if you were

to live forever.” -Mahatma Gandhi

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