MUMBAI, India -- Indiaâ€™s automotive policies of the 1990s required foreign carmakers doing business in the country to fulfill three conditions: To invest a minimum of $50 million in a manufacturing plant. To balance tax breaks on imports of plant and machinery, parts and components, and dividend payments balanced by export earnings. To reach local content of 50% by the third year and 70% by the fifth year. Imports were allowed into the country only after the auto maker signed a ...
Premium Content (PAID Subscription Required)
"Indiaâ€™s Auto Policy Under WTO Scrutiny" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642