Question

What is the contribution of fdi in automobile industry?

Answer 1

Explanation:

HEY! MATE ❤

HERE IS YOUR ANSWER ❤

WHAT IS THE CONTRIBUTION OF FDI IN AUTOMOBILE INDUSTRY?

FDI STANDS FOR FOREIGN DIRECT INVESTMENT.

PROMOTE A GLOBALLY AUTOMATIVE INDUSTRY .

GLOBAL SOURCE OF AUTO COMPONENT.

PLZ MARK AS BRAINLIEST

Answer 2

The contribution of Foreign Direct Investment in the automobile industry.

• The automobile industry in India is growing by 18%. per year.
• 100% FDI is allowed in the auto sector, under all the applicable laws and regulations.
• Foreign Direct Investment promotes a globally automated industry.
• It is the global source of the Auto component.
• Although the country has received only 18.35 billion dollars in FDI in 11 months according to India's Ministry Of Commerce and Industry.