47 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 Law A...
Apply
700+ Campus placements at top national and global law firms, corporates, and judiciaries
UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Jan 2024
ISBR Business School PGDM Adm...
Apply
250+ Companies | Highest CTC 16 LPA | Average CTC 8 LPA | Ranked as Platinum Institute by AICTE for 6 years in a row | Awarded Best Business School...
Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities in QS Asia Rankings 2025 | Scholarships worth 210 CR
ICFAI-LAW School BA-LLB / BBA...
Apply
Ranked 1 st among Top Law Schools of super Excellence in India - GHRDC | NAAC A+ Accredited | #36 by NIRF
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