International Journal of Commerce and Management Research

Authors
Tom Jacob, Thomas Paul Kattookaran

Abstract
FDI Inflows to Automobile Industry have been at an increasing rate as India has witnessed a major economic liberalization over the years in terms of various industries. The basic advantages provided by India in the automobile sector include, advanced technology, cost-effectiveness, and efficient manpower. Besides, India has a well-developed and competent Auto Ancillary Industry along with automobile testing and R&D centers. The major foreign players, who have a significant role in the development of Indian automobile industry, were discussed and to analyze the impact of FDI in automobile in relation to the development of production and export of automobile industry in India and this study shows there is significant impact on automobile production and the development of Indian economy.