Volume 20 No 14 (2022)
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Automobile Industries In India And Their Growth Patterns
REMYA V L
Abstract
One of the fastest developing vehicle markets in the world is India. One of the assembly areas that has undergone a colossal development since India's economic turnaround, a cycle that thoughtlessly began in the 1980s, is also famous for its diverse products. The paper carefully examines the differences in representations of progress between local and multinational organizations within India. The sources of these leaps forward then break down into internal and external sources. The following research shows that While local organizations have relied on internal resources, MNCs have relied significantly more on external resources. The concentration also includes contextual analyzes of seven of the top local businesses. This paper aims to identify the growth of total export and the total production of commercial and passenger vehicles in India and the relationship between the total production and the exporting; this also evaluates the influence caused by the production in total exporting.
Keywords
CAGR, Passenger vehicles, Commercial vehicles
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