Description
The Indian automotive industry, once a domain of a handful of Indian manufacturers, is witnessing a sea change. With liberalization and globalization India is transforming into a global entity and the automotive industry as one of the largest industries in India, is the core focus of the domestic policies with the aim of maximizing its contribution to the global market place by 2010. This study highlights the impact of political developments, business policies and economic influences on the automotive industry in India from 1996 to 2006. It explains with the help of the progression index, the likely impact of the country-specific factors on the growth of the industry and its segments.
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