Indian Industry Case Study

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The last ten years have seen drastic change in Indian Business. This started when Dr. Manmohan Singh took first step towards LPG. i.e., Privatization, liberalization, Globalization. These were the early days of Liberalization and Indian Industry hailed reduction in Import duty as a positive step. The lower import duty hailed the manufacturers in India to produce good quality raw material, consumers and capital goods. These imports were towards to the domestic market. It’s promoted internal markets as well as employment facility.
Research methodology:
The paper focuses on the challenges of Indian industries. The study for which mainly secondary data is used. Secondary data is collected from the books, newspapers & Internet.
The challenges for Indian Industry: …show more content…

Once the process of linearization started the foreign goods started tracking in Indian Market. For example TELCO with their India car, in the two wheeler sector Hero group with collaboration with their Japanese partners HONDA and BAJAJ group with KAWASAKI have been able to maintain their leadership in the market. There are other success stories in Pharmaceutical companies like RANBAXY, DABUR, DR REDDY’s LAB etc, Not only returning their markets shares in India but also expanding into foreign market.The Indian Industries are facing major challenges within the industry due to competition. Most of the organizations change their faces into joint venture a multinational corporations. Most of the Industry turns into to produce global volume of their products and become the joint venture of the big ones. …show more content…

It is a big challenge for the Indian industry to make business

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