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Research Article

EEO. 2021; 20(5): 2814-2817


PERFORMANCE OF AUTOMOBILE INDUSTRY IN INDIA – A CASE STUDY OF TAMILNADU

S. BHUVANESWARI, Dr. S. THANGAMAYAN.



Abstract
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The automobile industry in India has made considerable progress from its beginning state at the hour of India's freedom in 1947 to its current day dynamic structure.The industry delivers a wide scope of automobiles and autosegments taking into account both the homegrown just as unfamiliar business sectors. The improvement of the industry has been formed by the interest from one viewpoint and the administration mediations on the other; the impact of the last being significant.The Automobile firms were needed to acquire licenses from Indian government for section development, enhancement and movement.The profited credit was joined by conditions with respect to control measures for spending shortfall just as the execution of economic auxiliary reforms.Basic reforms enveloping liberation of modern part, exchange and venture strategy reforms, money related area reforms, charge reforms and unfamiliar trade reforms were conceived for this reason. This paper attempts to look at the patterns in the automobile industry and its effect on the economy regarding GDP, Exports, FDI, Employment and so forth.; every one of these variables are emphatically affected by the development of Indian automobile industry. As a significant business and fare generator, GDP benefactor, FDI worker, the automobile industry is instrumental in forming the nation's economy

Key words: Automobile Industry, Impact, Growth.







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