Description
India has an enormous cost advantage in manufacturing, R&D, skilled labor, and software. The global automakers view India as a major outsourcing hub as well as a market with enormous potential. The potential growth in its consumption looks very promising because of the low prevailing vehicle penetration rate. This Country Industry Forecast service gives an in-depth analysis of the key political, economic, demographic, trade and industry related issues having a direct bearing on the Indian Automotive Industry. It also brings out the major factors that would determine the sustenance India as the one of the fastest growing automotive markets in the world until the year 2009.
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