Factors affecting the demand and growth of the auto sector in India The automotive sector is one of the core industries of the Indian economy. Indian Government’s impetus to the industry by allowing continuous economic liberalization since 1991 has made India one of the sought after destination for many global automotive players. The automotive sector in India is growing at around 18 per cent per annum. Indian Auto industry has seen a phenomenal growth in the last 20 years. This is due to the convergence
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producers. Even though the rioters who destroyed the Japanese vehicles were not arrested‚ they were secretly monitored by police‚ according to the official. These Chinese "patriots" apparently had some connection with the domestic mobile vehicle industry. The purpose of those domestic enterprise was to scare Chinese customers away from purchasing Japanese cars. Not all photos of Japanese vehicles being attacked by Chinese rioters were taken during the anti-Japanese demonstrations in the past week
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STRATEGY Comparative Growth and Strategy Adoption Brazil The automobile industry of Brazil is growing extensively. Many international companies like Chevrolet‚ Ford‚ Volkswagen‚ etc. are running their business in this country (Semple‚ 2011). Automobile industry of Brazil is beneficial for its economy growth. Brazil‚ automobile industry is the 4th largest automotive market in 2010 as compared to other country because the vehicles sale in 2010 was 3.52 million‚ up 12% from 2009 and production
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strong growth of the automotive sector India. In the fiscal year 2006-07‚ the domestic passenger car market grew up by 20 percent‚ making India one of the fastest growing passenger car markets in the world in absolute terms. The introduction of the low-cost small car concept Tata Nano has generated much hype and generated discussion on the emergence of a burgeoning global low-cost small car market. This study conducts a comprehensive evaluation of India’s small car automobile industry and analyzes its
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affairs and their effect on the business organization. Indian government auto policy focused at promoting an integrated‚ phased and particular conducive growth of the Indian automotive industry. It allowed automatic approval for foreign equity investment up to 100 per cent and there is no minimum. Political climate in a various countries producing and buying automobiles depends on policies on import‚ export and manufacture of automobile components. This will include policies on allowing for setting up
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Chhend Rourkela-769015‚ Orissa‚ India Abstract: This study attempts to find the factors‚ which are important for choosing the revolutionary car ‘Nano’ launched by one of the leading Indian automobile industry called ‘Tata Motors’. The year 2009 has been significant for Indian automobile industry as numbers of new models were launched for the domestic market and also registered a significant growth in exports. The report published by Cygnus research ranked Indian automobile sector to be number
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research institutions; • Capital resources: capital availability and cost to finance industries. Capital resources can be affected by the rate of savings and national capital market structure; • Infrastructure: availability and quality of infrastructure‚ including communication system‚ transportation system‚ payment or funds transfer‚ health care‚ and so forth. A positive estimate of profit in the automobile industry indirectly promotes the development of national infrastructure development. To speed
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automobile industry has a bright history and the first car in India came into the roads in the year 1898 and liberalization and globalization policies has shown major impact on Indian auto industry which lead to drastic changes in automobile industry of India. According to this article‚ automobile industry is playing vital role in economic sector and employment sector‚ which is offering wide range of employment opportunities to the individuals. Competition is the major problem in automobile industry and
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Foreign direct investment (FDI) is a direct investment into production or bus iness in a country by a company in another country‚ either by buying a company in the target country or by expanding operations of an existing business in that country. Foreign direct investment is in contrast to portfolio investment which is a passive investment in the securities of another country such as stocks and bonds. Foreign direct investment has many forms. Broadly‚ foreign direct investment includes "mergers
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Case study of automotive industries in Thailand Contribution of MNC’s in automotive industry: Most of the developing countries consider that the automotive industry will move the country toward an intensive industrialisation by creating a large set of related businesses. Thailand aims to be regarded as the Detroit of Asia. The country has engaged in the last few decades in the development of the automotive industry‚ with a special focus on domestic auto-assembly. Thailand is the world’s
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