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Title: Benevolent benefactor or insensitive regulator? : tracing the role of government policies in the development of India's automobile industry 
Author: Tiwari, Rajnish; Herstatt, Cornelius; Ranawat, Mahipat
Date: 2011
Publisher: Honolulu, HI : East-West Center
Abstract: The impressive and sustained growth of India's automobile industry in recent years has catapulted it into the league of the world's top-seven producers of four-wheelers. In the past decade, its exports have surged more than 25 percent a year on average. The turning point was arguably the 1991 policy of economic liberalization, but the impact of the reforms might have been subdued, if the Government of India had not played a pivotal role in the industry's evolution. This apparent "paradox" may be the key to understanding why the industry has adjusted so quickly to globalization, even though economic reforms began relatively late.

This study identifies the main thrusts of policy regimes for the automobile sector since 1947, which began in an overregulation mode in the early period of independence. Nonetheless, the government consciously attempted to create and sustain favorable "innovation systems" at national, regional, and sectoral levels. Especially since 1991, many policy initiatives have benefited the industry and helped it reach the growth path it is following today.
Series/Report No.: East-West Center (Washington, D.C.). Policy studies ; 58
Description: For more about the East-West Center, see http://www.eastwestcenter.org/
Pages/Duration: xiv, 64 p.
URI: http://hdl.handle.net/10125/19971
LC Subject Headings: Automobile industry and trade - Government policy - India
Automobile industry and trade - India - History - 20th century

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  • East-West Center (Washington, D.C.). Policy Studies [58]
    Policy Studies presents scholarly analysis of key contemporary domestic and international political, economic, and strategic issues affecting Asia in a policy relevant manner. Written for the policy community, academics, journalists, and the informed public, the peer-reviewed publications in this series provide new policy insights and perspectives based on extensive fieldwork and rigorous scholarship.

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