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Hi friends, I feel the government should offer more incentives to the domestic auto industry and encourage foreign investment in the sector. The automotive industry in several developing countries were growing fast with the assistance of their respective governments. Even we should get such benefits from our government. There has to be an appropriate tariff policy in the country to safeguard the domestic auto industry from surge in imports and to develop adequate indigenous manufacturing base. Still India remain a small player in the world automotive market with a share of around 3 percent in the production of passenger cars and commercial vehicles (compared to China's 12 percent) and a sha...
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shankar
| Commented
| 3 years ago
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well, in my way we should also hone our engineerin and technial kills, LOCALISATION OF IMPORTED parts should be done at war pace, then only true cost cutting be achieved
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Vinod Kumar Khanna
| Commented
| 3 years ago
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Ya government has to do much because right now India is a small player in a big automotive market with just 3% share in global production.
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Insight: "Required Boost for Our Auto Industry" deleted from your view.
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