Impact Of Depreciation Of Rupee On Indian Auto Industry (2008-12)
Sayed Yavar Habeeb
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Impact Of Depreciation Of Rupee On Indian Auto Industry (2008-12)

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The automotive industry in India is one of the largest markets in the world and had previously been one of the fastest growing global industries. But, the period between 2008 to 2012 was unfavorable to Indian economy because of global economic crisis and constant depreciation of rupee at an increasing rate. The automotive industry got its effects but the question is whether it recovered or not and if it did, HOW? The answer lies within.