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Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Road vehicle manufacturing industry

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Benevolent Benefactor or Insensitive Regulator? Tracing the Role of Government Policies in the Development of India's Automobile Industry (Paperback) Loot Price: R256
Discovery Miles 2 560
Benevolent Benefactor or Insensitive Regulator? Tracing the Role of Government Policies in the Development of India's...

Benevolent Benefactor or Insensitive Regulator? Tracing the Role of Government Policies in the Development of India's Automobile Industry (Paperback)

Rajnish Tiwari

Series: Policy Studies (East-West Center Washington)

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Loot Price R256 Discovery Miles 2 560

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The impressive and sustained growth of India's automobile industry in recent years has catapulted it into the league of the world's top-seven producers of four-wheelers. In the past decade, its exports have surged more than 25 percent a year on average. The turning point was arguably the 1991 policy of economic liberalization, but the impact of the reforms might have been subdued, if the Government of India had not played a pivotal role in the industry's evolution. This apparent "paradox" may be the key to understanding why the industry has adjusted so quickly to globalization, even though economic reforms began relatively late. This study identifies the main thrusts of policy regimes for the automobile sector since 1947, which began in an overregulation mode in the early period of independence. Nonetheless, the government consciously attempted to create and sustain favorable "innovation systems" at national, regional, and sectoral levels. Especially since 1991, many policy initiatives have benefited the industry and helped it reach the growth path it is following today.

General

Imprint: East-West Center
Country of origin: United States
Series: Policy Studies (East-West Center Washington)
Release date: March 2011
First published: March 2011
Authors: Rajnish Tiwari
Dimensions: 234 x 156 x 4mm (L x W x T)
Format: Paperback - Trade
Pages: 64
ISBN-13: 978-1-932728-90-3
Categories: Books > Business & Economics > Industry & industrial studies > Manufacturing industries > Road vehicle manufacturing industry
LSN: 1-932728-90-2
Barcode: 9781932728903

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