Question

Mention any two factors that have contributed to the healthy growth of the automobile industry in India. Name two centres where this industry is located

Answer 1

Answer:

1⃣After liberalisation, the coming of new and contemporary models stimulated the demand for vehicles in the market. 2⃣Foreign Direct Investment (FDI) in this sector brought in new technology and aligned the industry with global developments. Two major centres where this industry is located are Gurgaon and Indore.

Answer 2

Automobile industry

Explanation:

1) After India opened its market for global investments, Foreign Direct Investment (FDI) brought in new technology and aligned the industry with global developments.

2) Introduction of new and comtemporary models stimulated the demand for vehicles in the market.

3) India has abundant supply of labour and it is centrally located for export of automobile to other European and Asian countries. So automobile industry flourished.

The two centres of automobile industry are Jamshedpur and Gurgaon.