Mergers & Acquisitions in Auto Sector available through bharatbook.com  Author:Bharat Book Website:http://www.bharatbook.com Added: Thu, 03 Jun 2010 02:22:33 -0500
Category: Automotive
The recent changes and developments in the global auto sector have made its
impact on the Indian market and manufacturers too. India in global auto sector
has made its presence felt in the recent years with its potential. India offers
scope for the manufacture of low cost vehicles with its highly skilled but
inexpensive manufacturing base, labour intensive components and developing
economy.
http://www.bharatbook.com/detail.asp?id=210248&rt=Mergers-Acquisitions-in-Auto-Sector.html
The automobile industry in India is one of the pillars of the Indian economy. It
has recorded sales of USD 4000 mn and involves investments of a whopping USD
3500 mn by as many as 400 investors. It has also been instrumental in employing
a huge work force, close to 2.5 lakh people. " market research reports "
In order to determine the position of India in the global auto sector, one needs
to go back to the initial days of its growth. Before the policy of
liberalization was introduced, the component manufacturers practically remained
unscathed during the recession periods. The component and vehicle manufacturers
shared an uncomplicated relationship. There were no significant investments in
development of products or in research and development. The closed automobile
market had a few big names and the development of the market was restricted by
limited number of suppliers.
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