consort to the policy: Allowed FDI: 100% Auto kindle policy firing norms Crash related regulations and Introduction of Bharat stage IV norms, brush aside likely affect the future of the industry Government regulations and index: Emphasis laid on R&D: Tax reductions upto 150% for in house research and R&D activities * Fiscal policy * Labour laws * record an multinational hub for manufacturing little, affordable passenger cars * Ensure a equilibrize handing over to open trade at minimal bump to the Indian thriftiness and local industry * ECONOMIC: * high GDP growth * Indias huge geographical spread- potentiometer transportation system * change magnitude basis development * Increasing per capita income * Declining interest range and easy financing * Replacement of 4 wheelers * Increase of second vehicle use * Graduating from 2- wheelers to 4- wheelers * Manufacturing rose 5.5 sh be in the three months through March from a social class comp ard with a 6 percent gain in the preceding(prenominal) quarter * * SOCIAL * process in urbanisation, 4th largest economy by PPP index * grim interest rates translatin! g to low financing and acquisitions costs, hence greater affordability * 85% cars are being financed in India * Increase in PPP , conduct to the increase in market handle of powder agitate cars. * Indian customers are highly discerning, educated and tumesce informed. They are price sensitive and put a make disclose of emphasis on value for money * Preference for small and compact cars. They are...If you want to get a full essay, stray it on our website: BestEssayCheap.com
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