Business Studies, asked by rishideo3691, 1 year ago

Mention any two factors that have contributed to the healthy growth of automobile industry in india name two centres where they are located

Answers

Answered by naina0529
66
HEY RISHI!!
HERE'S YOUR ANSWER.....

Two factors contributing to healthy growth of the automobile sector are⏭

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.

#HOPE IT HELPS..... ♥
Answered by ksrisayee
1

Answer:

 Liberalisation brought in many new and contemporary models, stimulating demand for

vehicles in the market.

 Entry of foreign direct Investment

 Introduction of new technology

 The alignment of the Industry with global developments.

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