The economic system of India
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Title: The economic system of India

Essay Details:

Subject: Business
Author: Mary H
Date: January 11, 2015
Level: University
Grade: A
Length: 2 / 522

Essay text:

The industry is providing direct and indirect employment to 1.31 crore people. It is also making a contribution of 17% to the kitty of indirect taxes. The export in automotive sector has grown on an average CAGR of 30% per year for the last five years. The export earnings from this sector are 4.08 billion USD out of which the share of auto component sector 1.8 billion USD. 2. Even with this rapid growth, the Indian Automotive Industry's contribution in global terms is very low. This is evident from the fact that even though passenger and commercial vehicles have crossed the production figure of 1...

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