Business Studies, asked by madhupandey9086, 1 year ago

Which factors lead to the growth of automobile industries?

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Answered by johnny99
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Answered by Amrit111Raj82
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The factor on which the growth and development of an automobile industry depends upon are as follows:-

  • Highly skilled labour
  • Large supply of iron and steel, wood, glass and fuel.
  • High degree of scientific and engineering skill
  • Large amount of capital
  • The domestic market demand.
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