UK and Indian Small Cars
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, cheap cars, Study
Winning the Localization Game
The Boston Consulting Group (BCG) has come up with a new study, which says that the world’s leading automotive manufacturers and suppliers have been moving assets, products, and manpower to China as well as India. The move is not just to sell cars but also to set up their R&D facilities and their manufacturing and exporting hubs from these two countries.
As an Indian, I am definitely hoping that these big-wigs, when the time comes, will choose India. A move to India completely will not only increase inflow of money, but also provide millions of jobs that will improve the basic standard of living in society. However, with the Indian government at its height of corruption, there is little hope of us winning this battle. I heard one of my friends say that China is giving massive amounts of land with major facilities to whichever manufacturer wants to set up there. The only advantage we have over China is the mass of skilled working people affluent in English. Once China can bridge this gap, they will have the upper hand.
Article Submitted by EC Pandit
Labels: China, Exporting cars, Study, Submitted Article
