Question

Examine the impact of liberalisation in automobile industry in india

Answer 1

Liberalization is the removal or loosening of restrictions on a given production, selling of the products.

This is normally done in developing countries to enable the participants have some ease in promoting the business.

The Liberalization has been done in the followin manner.

• Liberalization brought up the rise of the automobile industries in India.

• This is because the number of  car owners steadily rose and  the transport-sector activities was streamlined.

• The increase in the number of vehicles in any given economy has got great and positive impact to the automobile industries this enables the industry to grow.

Answer 2

Please see the below image..ull get the detailed answer..❤