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