Abstract
The purpose of the paper is to analyse the nature and patterns of adoption of Advanced Manufacturing Technologies (AMTs) in the Indian auto components industry in light of the policy changes in India and changes in world automotive industry. We empirically investigate the determinants of AMT adoption in order to tease out the parameters of technological change. The process of technology diffusion is dynamic and appears to have been driven by an apparent objective of steering the industry in the direction of an innovation-driven industry. The evolution of the industry in the light of these is discussed and relevant policy implications are spelled out in the paper.
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