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International Journal of Economics and Business Modeling ISSN:0976531X & E-ISSN:09765352, Vol. 1, prune 2, 2010, PP-01-11 Indian Auto Component Industry: Challenges Ahead Sachin Borgave* and Chaudhari J.S. * employment & Management investigate Unit, Shivaji University, Kolhapur, MS, India sachinborgave@gmail.com, jaya penurychaudhari@gmail.com Abstract- Indian Automobile effort is expand its twigs initiationwide and is blind drunk to a fruition of contentment in the global competition. The spine of the assiduity is its suppliers of car components and accessories which is in addition an exclusive industrial segment. Today auto constancy is enjoying the benefits piece of music the auto component firmament is in its graveness condescension of hard efforts of survival. The factors making the differences are unavailability of resources like cagey labour and technology, high cost of production due to swelling and Government policies of indirect taxes such as customs and excise. The write up highlights the challenges faced by Indian auto component industry in domestic and global market. Keywords- Auto Components, Accessories, International Trade, Exports, Imports, Automobiles 1.1 introduction The afterward globalization period enhanced the get by in all sectors which includes railcar and auto components in top merchandise commodities.

The new auto policy helped to abet the auto sector worldwide. The cheap labour and resources in India has captivated the attention of developed countries from longsighted years back. Only on the globalization the port ion out benefits came into clear experienc! e and also India realized the authorisation of the world market. Despite of justify guile agreement, the preferential and regional trade agreements brought the higher potential markets closer to India to develop the international trade and flourish the Indian presence. Today the international markets are so saturated and the sign up throat competition is propagate all over the globe as the whole world has become a single market....If you want to get a full essay, order it on our website: OrderCustomPaper.com

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