INDIAN AUTO COMPONENT INDUSTRY: CHALLENGES AHEAD

Sachin Borgave¹*, Chaudhari J.S.²*
¹Commerce & Management Research Unit, Shivaji University, Kolhapur, MS, India
²Commerce & Management Research Unit, Shivaji University, Kolhapur, MS, India
* Corresponding Author : jayawantchaudhari@gmail.com

Received : -     Accepted : -     Published : 21-12-2010
Volume : 1     Issue : 2       Pages : 1 - 11
Int J Econ Bus Model 1.2 (2010):1-11
DOI : http://dx.doi.org/10.9735/0976-531X.1.2.1-11

Keywords : Auto Components, Accessories, International Trade, Exports, Imports, Automobiles
Conflict of Interest : None declared

Indian Automobile industry is flourishing its twigs worldwide and is close to a fruition of triumph in the global competition. The spine of the industry is its suppliers of auto components and accessories which is also an exclusive industrial segment. Today auto industry is enjoying the benefits while the auto component sector is in its gloom despite of hard efforts of survival. The factors making the differences are unavailability of resources like skilled labour and technology, high cost of production due to inflation and Government policies of indirect taxes such as customs and excise. The paper highlights the challenges faced by Indian auto component industry in domestic and global market.

[1] Ruddar Datt and Sundharam K.P.M., ‘Indian Economy’, S. Chand & Company Ltd. 55th Revised edition.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[2] Datey V.S., ‘CUSTOMS Law Practice and Procedures’, Taxman Allied Services (P) Ltd. 4th Edition  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[3] Vibha Mathur. ‘Foreign Trade of India 1947 to 2007’, New Central.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[4] ‘A Review of the Top 20 Automotive OEM Suppliers’ Product Development’, Scope Knowledge, Published by Aroq Limited, United Kingdom. September 2006. www.jus-auto.com  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[5] Auto Components- Market and Opportunities’, A report by IMaCS (ICRA)Management Consulting Services Limited) for Indian Brand Equity Foundation, Gurgaon, www.ibef.org  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[6] Annual Supplement to Foreign Trade Policy 2004-09'. DGFT and Ministry of Commerce  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[7] Ashish Jagnani and Kushal Doshi (2004) HDFC Securities - Invest Right India Research, HDFC Securities Limited Mumbai.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[8] Dave Leggett (2007) Aroq Limited, United Kingdom, www.jus-auto.com.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[9] Dave Leggett (2008) Aroq Limited, United Kingdom,. www.jus-auto.com  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[10] ‘Export Import Data’ ministry of Commercea a. www.commerce.nic.in, b. http://commerce.nic.in/medium_term/conte nts.htm.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[11] Visvesvaraya M. Industrial Research & Development Centre (MVIRDC) World Trade Centre, Mumbai. in association with Scope Marketing & Information Solutions Pvt. Ltd., Chennai.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[12] Export Statistics from the website of Engineering Export Promotional Council - http://www.eepcindia.org/exportstatistics. asp.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[13] Foreign Trade Policy’ 1st September 2004 – 31st March 2009, w.e.f 1.4.2007 DGFT and Ministry of Commerce  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[14] ‘Foreign Trade Policy’ 1st September 2004 – 31st March 2009, w.e.f 1.4.2008. DGFT and Ministry of Commerce  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[15] Global Competitiveness of Indian Auto Component Industry & Its Sustainability' Auto Component Manufacturer’s Association (ACMA) supplier’s meet 15.4.2008  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[16] Handbook of Procedures Vol I and Vol II September 2004 – 31st March 2009, w.e.f 1.4.2007. DGFT and Ministry of Commerce  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[17] Handbook of Procedures Vol I and Vol II September 2004 – 31st March 2009 w.e.f 1.4.2008. DGFT and Ministry of Commerce  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[18] Ramaswamy K. V. (2008) Institute of South Asian Studies Singapore (ISAS) Breif No. 44.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[19] Manish Mathur, Jian Sun, Ram Kidambi and Stephen Dyer. A.T. Kearney, Inc, Chicago, Illinois, USA. www.atkearney.com  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[20] Markus Bergmann, Ramesh Mangaleswaran, and Glenn A. Mercer (2004) The Mickinsey Quarterly, 2004 Special Edition: China Today  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[21] Neelam Singh (2004) Discussion Paper RIS-DP # 82/2004, September 2004 RIS- Research and Information System for the Non-Aligned and Other Developing Countries, New Delhi  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[22] Paul Gao (2004) The Mickinsey Quarterly, 2004 Special Edition: China Today.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[23] Sanja S. Pattnayak and Thangavelu S.M, Working Paper No. 0307, Department of Economics, National University of Singapore  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[24] Shashank Luthra, Ramesh Mangaleswaran, and Asutosh Padhi (2005) The Mickinsey Quarterly 2005 Special Edition: Fulfilling India's promise  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[25] Task Force on Indirect Taxes (2002) Consultation paper, Ministry of Finance & Company Affairs  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[26] ‘Vision 2015’ for the Indian supplier industry: how achievable is it?’ A Report of ACMA-McKinsey.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[27] Viswanathan Krishnan. The University of Texas at Austin  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus  

[28] Website of Society of Indian Automobile Manufacturers a. http://www.siamindia.com/scripts/industryst atistics.aspx, b. http://www.siamindia.com/scripts/economic affairs.aspx, c. http://www.siamindia.com/scripts/periodical s.aspx.  
» CrossRef   » Google Scholar   » PubMed   » DOAJ   » CAS   » Scopus