Abstract
The aim of this chapter is to draw a broad overview of the Indian automotive industry so as to lend a preliminary step for the empirical investigation to be carried later in the Book. Indian automotive industry has attracted a great deal of attention from industry, academia, and policy circles alike due to its sheer potential and gradual but notable performance in the recent decades. The industry has evolved as a dynamic one being chiseled by India’s liberalizing trade and investment regimes on the one hand, and the structural readjustments from within (propelled mostly by the changes in global automotive industry), on the other. In light of this, the present chapter critically documents the recent changes in the Indian auto industry vis-a-vis the global industry trends and discuses its current status. Since the core of this research centers on the auto component segment of the automotive industry, a major part of this chapter will deal with the discussion of this segment with a purpose of evaluating the current state of the industry from the perspective of advanced technology usage.
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