Examine the impact of liberalisation on automobile industry of India. -SST 10th

1 Answer

Answer :

Impact of liberalisation on automobile industry are:  (i) Multi-utility vehicles have been introduced.  (ii) The coming of new and contemporary models.  (iii) Healthy growth of the market.  (iv) FDI in new technology.  (v) Aligned the industry with global development.  (vi) Industry has experienced a quantum jump.

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