Development of Indian Automobile Clusters
Role of Japanese FDI
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Much research work has been conducted on industrial agglomeration or clusters around the world. The concept of the cluster is popular and important for regional development. Now efforts are being made to develop industrial cluster in many regions around the world. Cluster is connected with various factors of economy including foreign direct investment (FDI). The automobile industry has been called an industry of industries and the Indian automobile industry is booming with the participation of a number of multi-national companies. As the industry developed, it is more concentrated and agglomer...
Much research work has been conducted on industrial agglomeration or clusters around the world. The concept of the cluster is popular and important for regional development. Now efforts are being made to develop industrial cluster in many regions around the world. Cluster is connected with various factors of economy including foreign direct investment (FDI). The automobile industry has been called an industry of industries and the Indian automobile industry is booming with the participation of a number of multi-national companies. As the industry developed, it is more concentrated and agglomerated in certain regions of the country. FDI has been major component in the development of Indian automobile industry. This book examines the process of agglomeration of the auto industry in India, exploring the concept of clustering. The research focuses on the role of Japanese FDI in the agglomeration as Japanese FDI has a significant effect on the development of the automobile industry inIndia.
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