The Automobile industry experienced a quantum jump in 15 years. explain.
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The automobile industry has experienced a quantum jump in the last 15 years due to Liberalisation and Foreign Direct Investment. The coming of new manufacturers has given a big boost to the industry.
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Hey mate!!
Here's ur answer:-
The quantum jump is due to the transportation of the goods which includes export or import or products or raw materials. There was foreign direct investment in many countries which made way to development of foreign products in the native countries.
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