Question
Indian Automobile Industry Is it going to be the 'Global Small Car Hub'? In 1984, the Government of India and the Japanese Suzuki Company formed
Indian Automobile Industry
Is it going to be the 'Global Small Car Hub'?
In 1984, the Government of India and the Japanese Suzuki Company formed a joint venture to produce the Maruti 800, known as the People's Car, which became one of the top selling cars and established a new segment in the automotive market. Since 1998, South Korean automakers - such as Hyundai and Daewoo - have introduced a variety of active and fast-moving vehicles to the small Indian automobile sector. However, 2009 proved to be the year for small cars in India, because in addition to the historic launch of the world's cheapest car, Tata's Nano - the year also saw the launch of 40 new models of small cars. 2018, as many industry experts argue, was a critical year for the global automotive industry that has forced many changes and driven a large number of strategic reorientations of global trade and export of products abroad among many major global car companies, a reorientation to focus on Small cars. In addition, almost all companies reported that they are aiming to make India the base for their small car production.
All these developments lead to an important question: Can India be a small car center? The case study examines opportunities for the Indian auto industry and all available enabling factors that could transform India into a global center for small cars. The issue deeply analyzes why the small car segment is profitable, and also discusses the interest shown by all the global giants in investing in the Indian automobile industry. It also discusses the support provided by government agencies and the challenges that must be addressed quickly if India has to become a global center for small cars.
Requirements:
The board of directors of Car Makers has chosen you as an expert and consultant in the economy and international trade, and you have a meeting with the board of directors to introduce them to the Indian market for cars and what the company needs in the coming period through:
- Evaluate the capabilities of the company.
- Understand the options of export distribution partners.
- Understanding competitors in the market, in circumstances of supply and demand.
- International product compliance requirements.
- Export costs.
- Pricing options for export and logistics options.
- Export plan.
- Trade agreements and their role in increasing exports.
- How will the export, whether by obtaining a license for import and export or through third parties or what is the expected scenario.
- Export documents and export procedures.
- Shipping and storage methods.
Notes
- Your research should contain the largest percentage coverage for the above mentioned points.
- Please, provide a good content, including charts and tables, and you can use the Internet and any means of assistance to present your point of view and suggestions.
- The quality of written content is assessed, not quantity.
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