TAILIEUCHUNG - Influence of Government Policies on Industry Development: The Case of India’s Automotive Industry

Tham khảo sách 'influence of government policies on industry development: the case of india’s automotive industry', kỹ thuật - công nghệ, hoá học - dầu khí phục vụ nhu cầu học tập, nghiên cứu và làm việc hiệu quả | Technology and Innovation Management WORKING PAPER Influence of Government Policies on Industry Development The Case of India s Automotive Industry Mahipat Ranawat Rajnish Tiwari March 2009 Working Paper No. 57 Hamburg University of Technology Schwarzenbergstr. 95 D-21073 Hamburg Germany Tel. 49 0 40 42878-3777 Fax 49 0 40 42878-2867 tim Influence of Government Policies on Industry Development The Case of India s Automotive Industry By Mahipat Ranawat and Rajnish Tiwari Hamburg University of Technology Institute of Technology and Innovation Management Schwarzenbergstr. 95 21073 Hamburg Germany Tel. 49 - 0 40 - 428 78 - 3776 Fax 49 - 0 40 - 428 78 - 2867 tim 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 .

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