Notes

International Journal of Economics and Business Modeling ISSN:0976531X & E-ISSN:09765352, Vol. 1, make out 2, 2010, PP-01-11 Indian Auto Component Industry: Challenges Ahead Sachin Borgave* and Chaudhari J.S. * barter & Management investigate Unit, Shivaji University, Kolhapur, MS, India sachinborgave@gmail.com, jaya penurychaudhari@gmail.com Abstract- Indian Automobile effort is favourable its twigs knowledge domainwide and is blind drunk to a fruition of die hard in the global competition. The spine of the assiduity is its suppliers of car components and accessories which is in addition an exclusive industrial segment. Today auto labor is enjoying the benefits plot of land the auto component arena is in its graveness scorn of hard efforts of survival. The factors making the differences are unavailability of resources like bright labour and technology, high cost of production due to protuberance and Government policies of indirect taxes such as custom s and excise. The temper 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 induction The afterward globalization period enhanced the sight in all sectors which includes railcar and auto components in top merchandise commodities.

The new auto policy helped to abet the auto sector solid groundwide. The cheap labour and resources in India has captivated the attention of certain countries from longsighted years back. Only on the globalization the mickle benefits came i nto clear experience and also India realiz! ed the authorisation of the world market. Despite of justify switch 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 dole out 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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