It’s interesting to note that the
United Kingdom has launched a study to take stock of the impact that the Indian automobile Industry may have on their own auto industry.
For decades UK has been a hub of car manufacturers with major global players operating successfully from there. Now, the advent of the Indian automobile industry in the world arena is surely something that makes others pull up their socks.
UK's car industry is facing a number of challenges as it moves ahead into the next decade particularly when it comes to tackling a continued rise in competition from countries such as China, India and Eastern European entities that are able to build and sell cheap cars.
UK is working to ensure that its car industry can build on existing strengths and remain competitive in an increasingly globalised world.
Labels: Car-competition, Car-manufacturers-in-India, Cheap-Cars, Study
1 Comments:
UK and US have heralded the concept of free economy between countries. Now the same countries are under pressure to make way for cheaper cars from other countries. UK has always symbolised the high society of cars. Now India car manufacturers may just teach them a lesson or two in affordable cars.
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