explain the impact of liberalisation on automobile industry of India
Answers
Explanation:
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.
The Liberalization has been done in the followin manner. Liberalization brought up the rise of the automobile industries in India. ... 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