53 Views

what is the sources to make our own business in automobile industry??


Ganesh Shingare 4th Dec, 2019
Answer (1)
Koyel Bagchi 28th Dec, 2019

Hello,

Presently the Indian Automobile Industry became the 4th largest in the world with sales increasing 9.5 percent year on year. There are 6 most important ways to make Automobile Industry in India. Those are as follows:-

1) Honour your business cycle but don't aggravate the cyclical downsing.

2) Never throttle your consumption enablers.

3) Keep the cost of production  and indirect taxation low, so that it reflects in optimal pricing.

4) You must adopt a coherent and consistent techagnostic regulatory stance.

5) Today is the time of a downturn or crisis . So you must notice that you never waste a downturn.

6) The ecosystem must also address what could be roadblocks to all round growth in the future that's why you must be humble and embrace the new.

Hope it will be helpful for you.

Thank you.


Related Questions

Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amrita University B.Tech 2026
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships
Amity University, Noida | Law...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Great Lakes Institute of Mana...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Manav Rachna University Law A...
Apply
Admissions open for B.A. LL.B. (Hons.), B.B.A. LL.B. (Hons.) and LL.B Program (3 Years) | School of Law, MRU ranked No. 1 in Law Schools of Excelle...
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC | Ranked 33rd by NIRF 2025
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books