1.Outline the important determinants of demand for automobiles. How are cross and income elasticity of demand relevant to Maruti's managerial decisions? (10 Marks)

2.What are economies of scale? Where do the economies of scale for Maruti come from? (10 Marks)

3.What kind of market structure prevalent in the Indian Automobile industry? What are the Maruti's competitive advantages? How can Maruti sustain its profitability in the future? (10 Marks)

4.Explain the challenges and opportunities for car manufacturers in Indian Market? (10 Marks)