Influence Of Government Policies On Industry Development The Case Of India S Automotive Industry

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Influence of Government Policies on Industry Development: The Case of India's Automotive Industry

Author : Mahipat Ranawat
Publisher : GRIN Verlag
Page : 105 pages
File Size : 54,7 Mb
Release : 2009
Category : Electronic
ISBN : 9783640391905

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Influence of Government Policies on Industry Development: The Case of India's Automotive Industry by Mahipat Ranawat Pdf

Project Report from the year 2009 in the subject Business economics - Economic Policy, grade: 1.3, Hamburg University of Technology (Technology & Innovation Management), course: Project-work for the Master's in International Production Management program, language: English, abstract: The automotive industry in India has come a long way from its nascent state at the time of India's independence in 1947 to its present day dynamic form. As compared to the production of mere 4,000 vehicles in 1950, the production of the industry crossed the historic landmark of 10 million vehicles in 2006. Today, the industry produces a wide range of automobiles and auto-components catering to both the domestic as well as foreign markets. The development of the industry has been shaped by the demand on the one hand and the government interventions on the other; the influence of the latter being considerable. The evolution of India's automotive industry is identified to have occurred in four phases. In the first (1947-1965) and second phase (1966-1979), the important policies identified were related to protection, indigenisation and regulation of the industry. On the one hand, these policies helped India to build an indigenous automotive industry, while on the other it led to unsatisfactory industry performance. In the third phase (1980-1990), the single most important policy identified was the one with regard to relaxation in the means of technology acquisition. The foreign competition inducted into the industry transformed its dynamics. Lastly, in the fourth phase (1991 onwards) the liberalisation with regard to foreign investment had a significant influence on the Indian automotive industry as we see it today. This work traces the evolution of the automotive industry from its inception to present day and identifies the important policies made by the Indian government. The work also studies the influence of important policies on the development of the industry. Keywords: Governm

Global Players and the Indian Car Industry

Author : Jatinder Singh
Publisher : Taylor & Francis
Page : 240 pages
File Size : 42,7 Mb
Release : 2018-09-03
Category : Business & Economics
ISBN : 9780429825286

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Global Players and the Indian Car Industry by Jatinder Singh Pdf

This book is one of the first critical analyses of the automobile industry in India. It studies the sector in general and the passenger car industry in particular, and provides valuable insights into the operation of Foreign Direct Investment (FDI) companies in a technology-intensive industry under changing economic regimes. The volume underlines the influence of the changing nature of foreign investment, the impact of economic reforms, technology regimes and industrial policy on growth, structural changes and development. It offers a detailed account of the trade performance of manufacturers in India’s passenger car industry. It also looks at successful cases to draw policy lessons towards encouraging quality FDI and developing India as a base for world production. A useful addition to industry studies in India, this book with its wide coverage and contemporary analyses will interest scholars and researchers of economics, Indian economy and industrial policy, industrial economics, automobile industry and manufacturing sector, development economics and international economics. It will also appeal to policymakers, practitioners and industrial associations.

Advances in Architecture, Engineering and Technology

Author : Haşim Altan,Samad Sepasgozar,Abdullateef Olanrewaju,Francisco José García Peñalvo,Alessandro Gaetano Severino,Tiko Iyamu,Ju Hyun Lee
Publisher : Springer Nature
Page : 272 pages
File Size : 48,6 Mb
Release : 2022-12-14
Category : Art
ISBN : 9783031112324

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Advances in Architecture, Engineering and Technology by Haşim Altan,Samad Sepasgozar,Abdullateef Olanrewaju,Francisco José García Peñalvo,Alessandro Gaetano Severino,Tiko Iyamu,Ju Hyun Lee Pdf

This book summarizes the latest studies regarding innovation in urban design and planning. It shares many tips and insights about sustainable solutions for the issues facing transport systems, innovative digital technologies, and ICT trends. The book touches upon the need to integrate the three fields of Architecture, Engineering, and Technology that have become indispensable. This is intended to respond to the increasing human needs and population growth in cities on one hand and to develop a holistic approach that helps overcome challenges to sustainability and environment management on the other hand. With the power of engineering in practice, problems of design and development once considered too complex to be dealt with other than empirically, intuitively, or by trial and error, are now becoming more solvable and applicable. This book offers strategies and solutions that enable designers to bring together knowledge in the fields of architecture, engineering, and technology to overcome challenges facing in modern times.

The Pitfalls of Protectionism: Import Substitution Vs. Export-Oriented Industrial Policy

Author : Reda Cherif,Fuad Hasanov
Publisher : International Monetary Fund
Page : 41 pages
File Size : 55,7 Mb
Release : 2024-04-26
Category : Business & Economics
ISBN : 9798400270802

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The Pitfalls of Protectionism: Import Substitution Vs. Export-Oriented Industrial Policy by Reda Cherif,Fuad Hasanov Pdf

Industrial policies pursued in many developing countries in the 1950s-1970s largely failed while the industrial policies of the Asian Miracles succeeded. We argue that a key factor of success is industrial policy with export orientation in contrast to import substitution. Exporting encouraged competition, economies of scale, innovation, and local integration and provided market signals to policymakers. Even in a large market such as India, import substitution policies in the automotive industry failed because of micromanagement and misaligned incentives. We also analyze the risk tradeoffs involved in various industrial policy strategies and their implications on the 21st century industrial policies. While state interventions may be needed to develop some new capabilities and industries, trade protectionism is neither a necessary nor a sufficient tool and will most likely be counterproductive.

Productivity Growth in the Manufacturing Sector

Author : Mihir Kumar Pal
Publisher : Emerald Group Publishing
Page : 312 pages
File Size : 46,8 Mb
Release : 2021-06-03
Category : Business & Economics
ISBN : 9781800710948

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Productivity Growth in the Manufacturing Sector by Mihir Kumar Pal Pdf

The growth of manufacturing industries is one of the key sectors in helping to mitigate global recessions. Productivity Growth in the Manufacturing Sector thoroughly discusses issues and potential remedies of this sector for a range of international countries.

Latest Trends in Engineering and Technology

Author : Sajjan Singh,Sarabpreet Kaur
Publisher : CRC Press
Page : 675 pages
File Size : 52,5 Mb
Release : 2024-06-28
Category : Technology & Engineering
ISBN : 9781003860525

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Latest Trends in Engineering and Technology by Sajjan Singh,Sarabpreet Kaur Pdf

We are very pleased to introduce the proceedings of the International Conference on Latest Trends in Engineering and Technology [ICLTET 2023]. Papers were well presented in the conference in the fields of Artificial Intelligence, Machine learning, IOT, Communication Networks, Mechanical Engineering, Civil Engineering, Nano Material Research, Business Management and many more to arouse a high level of interest. The presented papers maintained the high promise suggested by the written abstracts and the program was chaired in a professional and efficient way by the session chair who were selected for their expertise in the subject. The number of delegates was also highly gratifying, showing the high level of interest in the subject. This Proceeding provides the permanent record of what was presented. They indicate the state of development at the time of writing of all aspects of this important topic and will be invaluable to all academicians and researchers in the field for that reason. Finally, it is appropriate that we record our thanks to our fellow members of the Technical Organizing Committee for encouraging participation from those areas. We are also indebted to those who served as session chair and reviewers, without their support, the conference could not have been the success that it was. We also acknowledge the authors themselves, without whose expert input there would have been no conference. Their efforts made a great contribution to its success.

Towards a new order in the global automotive industry: How Asian companies catch up to their western peers

Author : Daniel Wäldchen
Publisher : Anchor Academic Publishing (aap_verlag)
Page : 132 pages
File Size : 50,9 Mb
Release : 2014-02-01
Category : Technology & Engineering
ISBN : 9783954896080

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Towards a new order in the global automotive industry: How Asian companies catch up to their western peers by Daniel Wäldchen Pdf

The global automotive industry faces the most influential changes since the revolutionary introduction of mass production a century ago. Latecomer firms from Asia are challenging the western incumbents. They can change the rules of the game in the industry by leapfrogging several steps in their development process. This study seeks to contribute to the discussion of latecomer firms by gaining insights into the catch up processes of five automotive companies in the passenger car segment, namely BYD (PRC), Chery (PRC), Geely (PRC), Tata Motors (India) and Mahindra & Mahindra (India). Based on learning theories and the core processes of car manufacturers, the author develops a catch up framework in order to compare automotive latecomers. The Korean manufacturer Hyundai serves as an example for a successful catch up, and provides a contextual framing for catch up processes in the automotive sector. An analysis of empirical data provides evidence for the evaluation of the catch up status of the five challenger firms. The author emphasizes the influence of institutional settings in China and India and the role of business groups that can act as facilitators for the catch up process. Finally, the study clusters the catch up strategies of the five observed companies in order to compare their approach.

Lead Market India

Author : Cornelius Herstatt,Rajnish Tiwari
Publisher : Springer
Page : 257 pages
File Size : 45,8 Mb
Release : 2016-11-26
Category : Business & Economics
ISBN : 9783319463926

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Lead Market India by Cornelius Herstatt,Rajnish Tiwari Pdf

India is still perceived by some as a developing country that has yet to create world-class products of its own. However, this book shows that in recent years India has emerged as a lead market for frugality-driven innovations that are affordable, robust and successful even outside its geographic boundaries. Many global companies have recognized these changes and are ramping up their local R&D capabilities. At the same time, several Indian firms are venturing out to international shores and gaining access to new markets. Using a top-down approach, the book takes a closer look at systems of innovation at work and presents examples of successful, corporate innovations in multiple industries and their contextual conditions.

Ecosystem-Aware Global Supply Chain Management

Author : N. Viswanadham
Publisher : World Scientific
Page : 226 pages
File Size : 49,9 Mb
Release : 2013
Category : Business & Economics
ISBN : 9789814508179

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Ecosystem-Aware Global Supply Chain Management by N. Viswanadham Pdf

Over the last two decades, several textbooks, research papers, and best practice cases have been published on supply chain management. However, globalization has created dispersed supply chains which are vulnerable and dependent on entities and factors that are exogenous to the supply chain. Resource scarcity, environmental regulations, government policies, political unrest, economic instability, and natural disasters are a few examples of how non-supply chain factors influence the way supply chains are managed. These exogenous factors are not just risk sources but can also be venues for innovation and growth.This book presents the notion of supply chain ecosystem to holistically model all the factors that interact with the supply chain and influence the flow of goods, information, and finance. Through a number of real-life case studies, the authors use the ecosystem framework to study the governance, risk, innovation, and performance issues in supply chain management, and also to redesign the management techniques for global supply chains. In doing so, this book makes a unique contribution to the theory and practice of supply chain networks.

Indian Industrial Development and Globalisation

Author : S. K. Goyal
Publisher : Academic Foundation
Page : 910 pages
File Size : 48,8 Mb
Release : 2009
Category : Corporations
ISBN : 8171887228

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Indian Industrial Development and Globalisation by S. K. Goyal Pdf

Surinder Kumar Goyal, b. 1933, Indian industrial economist; papers presented at the National Conference on Industrial Development and Economic Policy Issues, held at New Delhi during 27-28 June 2008.

Benevolent Benefactor Or Insensitive Regulator?

Author : Rajnish Tiwari,Cornelius Herstatt,Mahipat Ranawat
Publisher : Unknown
Page : 64 pages
File Size : 48,6 Mb
Release : 2011
Category : Business & Economics
ISBN : 1932728902

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Benevolent Benefactor Or Insensitive Regulator? by Rajnish Tiwari,Cornelius Herstatt,Mahipat Ranawat Pdf

The impressive and sustained growth of India's automobile industry in recent years has catapulted it into the league of the world's top-seven producers of four-wheelers. This study identifies the main thrusts of policy regimes for the automobile sector since 1947, which began in an overregulation mode in the early period of independence.

Innovative Firms in Emerging Market Countries

Author : Edmund Amann,John Cantwell
Publisher : Oxford University Press
Page : 128 pages
File Size : 50,5 Mb
Release : 2012-07-05
Category : Business & Economics
ISBN : 9780191634925

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Innovative Firms in Emerging Market Countries by Edmund Amann,John Cantwell Pdf

The rise of innovative firms in emerging market economies is an increasingly topical issue. However, the literature has lagged behind in helping us understand this phenomenon. Addressing this gap, the book draws on a variety of firm-level experiences across a range of key countries, sectors, and institutional contexts. Despite the obvious differences, the book finds a commonality in these experiences: they have all been influenced by shifts in the institutional, technological, and policy environment, in particular by the opening up of emerging market economies over the past three decades, and the consequent increase in international business interactions. Across the different countries surveyed in Asia and Latin America, the book argues that firm level innovation has been strongly influenced by capabilities that had previously been built up in a relatively closed environment. However, in the current more open environment, it is suggested that innovation among firms also reflects differences in these national historical contexts, as well as in the different forms of interaction with international business that have subsequently emerged. This book is a valuable resource for academics, researchers, and graduate students in international business and technology management.

Global Economic Crisis and Local Economic Development

Author : Jason Begley,Dan Coffey,Tom Donnelly,Carole Thornley
Publisher : Routledge
Page : 235 pages
File Size : 53,9 Mb
Release : 2016-04-14
Category : Business & Economics
ISBN : 9781317246695

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Global Economic Crisis and Local Economic Development by Jason Begley,Dan Coffey,Tom Donnelly,Carole Thornley Pdf

This book offers a collaborative investigation of the policies and practices which have redeveloped local and national economies in the aftermath of the global economic crisis which erupted in 2008. It explores 'localised' models of economic development, including problems of diversity and balance and the role of firms, industries and clusters, alongside comparative studies of policy responses to the crisis at local, regional and national levels Global Economic Crisis and Local Economic Development seeks routes for economic development in a post-crisis world. The roles of innovation, entrepreneurship, knowledge infrastructures, public policies, business strategies and responses, as well as global contexts and positioning are explored as investigative themes which run throughout the collection as a whole. This text brings together a range of international disciplinary experts from economics, geography, history, business and management, politics and sociology. Its coverage is comparative and global, with contributions focusing on the U.S., Japan, China, and India, as well as European contexts and cases. This book is of value both for the intrinsic quality of its individual studies and for the contrasts and comparisons enabled by the collection when viewed as a whole. It has an accessible but rigorous style, making it ideal for a range of users including academics, researchers and students who study economic development and regional development.

Cambridge Game Changer : Guaranteed Pass for Cambridge "O" & "A" Level Exams.

Author : David Chitate
Publisher : David Chitate
Page : 1331 pages
File Size : 42,5 Mb
Release : 2024-06-10
Category : Self-Help
ISBN : 8210379456XXX

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Cambridge Game Changer : Guaranteed Pass for Cambridge "O" & "A" Level Exams. by David Chitate Pdf

This groundbreaking book, authored by Dr. David Chitate and distributed by Swipe Educational Solutions LLC, is the first of its kind in the 21st century, offering a comprehensive Past Exam Question Bank with answers developed through collaboration with Subject Examiners, Subject Teachers and Artificial Intelligence. It equips students to excel in Ordinary and Advanced Level Exams, featuring Examiners' tips, common candidate errors, syllabus review exercises, model answers and much more. This transformative resource, boasting over 900 pages of exam-focused content per subject, guarantees that an "A" grade is within reach, revolutionising how students prepare for exams.

Innovation Management and Growth in Emerging Economies

Author : Webb, Heather C.,Wu, Wendy,Al Numairy, Hussain
Publisher : IGI Global
Page : 288 pages
File Size : 46,8 Mb
Release : 2020-10-23
Category : Business & Economics
ISBN : 9781799841968

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Innovation Management and Growth in Emerging Economies by Webb, Heather C.,Wu, Wendy,Al Numairy, Hussain Pdf

Despite its economic impact, understanding what shaped emerging economies’ success seems to be a mystery. These complexities are compounded by fast moving technologies, such as the increased usage of artificial intelligence (AI) and the internet of things (IoT). These new technologies have a social impact, but it is how these impacts are developed and managed by people and companies that is significant. Similarly, it is important to investigate how the uncertainties and intangible factors are dealt with and how businesses can utilize innovative approaches to become adaptive in emerging market economies. Research is needed to determine how actors or businesses interact to shape and define either new institutions, new industries, or new innovation to meet the need of potential customers in emerging economies. Innovation Management and Growth in Emerging Economies explores how innovation from emerging economies is being developed through strategic choices and presents the benefits and the drawbacks, the processes, and the characteristics and management practices of both private and/or public organizations. The chapters identify the trends and approaches to innovation development as well as the strategies of adapting and converting threats and challenges into opportunities. The target audience of this book is composed of practitioners, policy influencers, course instructors, professionals, academicians, students, and researchers in the fields of business, administrative sciences, management, and economics.