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India Automobile Industry
Essay specific features
Written by:
Alan B
Date added:
August 15, 2015
Level:
University
Grade:
No of pages / words:
16 / 4428
Was viewed:
8567 times
Rating of current essay:
Essay content:
The contribution of the automotive industry to GDP has risen from 2.77% in 1992- 93 to 5% in 2005-06. The auto companies have a manufacturing capacity of over 95 vehicles per annum. Foreign investors have found this stable economy very favorable for their investments into the country. India’s GDP real growth rate is 9...
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The auto companies have a manufacturing capacity of over 95 vehicles per annum. Foreign investors have found this stable economy very favorable for their investments into the country. India’s GDP real growth rate is 9.2% (2006 EST.). The country's advantage in affordable and quality cars has let the economy to increase their international sales which stimulated the economy to boost up again in recent years...
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