Indian Automative Components: the Competitive Realities

By Anil Kumar, Dominique Turcq, Glen Mercer and Laxman Narasimhan, published by McKinsey Quarterly, Feb 1996

« India’s automotive industry is accelerating fast. Triggered by market liberalizations that have kicked off a cycle of investment and growth, car demand this decade has been advancing at 20 percent a year. Provided there is no backsliding by policy makers, the domestic market could support sales of up to one million vehicles a year by the end of the century. Many hold high hopes of India also becoming a significant exporter to other LDC markets. »

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