Case Code : CLOM004
Publication date : 2009
Subject : Operations
Industry : -
Length : 02 Pages
Price : Rs. 100
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India, manufacturing, automobile industry, small car, Toyota Motors, General Motors, Volkswagen, Hyundai, Maruti Suzuki, Draft Automotive Mission Plan 2006-2016, foreign direct investment, China, Thailand
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India is expected to become the global manufacturing hub for automobiles. Companies like Toyota Motors, General Motors, Volkswagen, Hyundai, and Suzuki have invested millions of foreign direct investment in building manufacturing facilities.
The strong domestic automobile market, increase in purchasing power of the middle class, consumer credit and financing facilities, well-developed auto component industry, availability of trained manpower and raw materials at a competitive cost were some of the factors that attracted these global companies to invest millions of dollars in India...
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