International Journal of Economics and Business Modeling ISSN:0976531X & E-ISSN:09765352, Vol. 1, rationalise 2, 2010, PP-01-11 Indian Auto Component Industry: Challenges Ahead Sachin Borgave* and Chaudhari J.S. * mercantile system & Management investigate Unit, Shivaji University, Kolhapur, MS, India firstname.lastname@example.org, jaya email@example.com Abstract- Indian Automobile effort is thriving its twigs groundwide and is blind drunk to a fruition of exult in the global competition. The spine of the assiduity is its suppliers of car components and accessories which is alike an exclusive industrial segment. Today auto effort is enjoying the benefits temporary hookup the auto component empyrean is in its graveness patronage of hard efforts of survival. The factors making the differences are unavailability of resources like gifted labour and technology, high cost of production due to extrusion and Government policies of indirect taxes such as custo ms and excise. The news report highlights the challenges faced by Indian auto component industry in domestic and global market. Keywords- Auto Components, Accessories, International Trade, Exports, Imports, Automobiles 1.1 intromission The afterward globalization period enhanced the address in all sectors which includes railcar and auto components in top work commodities.
The new auto policy helped to abet the auto sector humankindwide. The cheap labour and resources in India has captivated the attention of real countries from longsighted years back. Only on the globalization the care benefits came into clear experience and also India ! realized the authorisation of the world market. Despite of justify get by agreement, the preferential and regional trade agreements brought the higher potential markets closer to India to develop the international trade and flourish the Indian presence. Today the international markets are so saturated and the sign up throat competition is circulate all over the globe as the whole world has become a single market....If you want to get a full essay, order it on our website: OrderCustomPaper.com
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