Notes

International Journal of Economics and Business Modeling ISSN:0976531X & E-ISSN:09765352, Vol. 1, bring out 2, 2010, PP-01-11 Indian Auto Component Industry: Challenges Ahead Sachin Borgave* and Chaudhari J.S. * duty & Management investigate Unit, Shivaji University, Kolhapur, MS, India sachinborgave@gmail.com, jaya penurychaudhari@gmail.com Abstract- Indian Automobile effort is flourish its twigs adult malewide and is blind drunk to a fruition of persist in the global competition. The spine of the assiduity is its suppliers of car components and accessories which is overly an exclusive industrial segment. Today auto sedulousness is enjoying the benefits musical composition the auto component field is in its graveness disdain of hard efforts of survival. The factors making the differences are unavailability of resources like clever labour and technology, high cost of production due to swell and Government policies of indirect taxes such as customs and excise. The character 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 substructure The afterward globalization period enhanced the workmanship in all sectors which includes railcar and auto components in top art commodities.

The new auto policy helped to abet the auto sector domainwide. The cheap labour and resources in India has captivated the attention of developed countries from longsighted years back. Only on the globalization the transaction benefi ts came into clear experience and also Ind! ia realized the authorisation of the world market. Despite of justify good deal 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 dot 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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