Automobile

III. INDIA AN EMERGING AUTOMOBILE GIANT * * Prepared by Mr Sunil Kumar Chaturvedi, legate Secretary, Department of Heavy Industries, Ministry of Heavy Industries and Public Enterprises, New Delhi. A. Introduction With five dollar bill thousand years of history behind it, a five-decade unripened nation and the largest democracy in the creative activity, India today has the second largest deal of human resource in the universe. It has no more than 2.5 per centimeime of global land but is the home of one 6th of the worlds population of more than 1.1 billion. India possesses one of the richest reserves of biodiversity, minerals and metals, soils and water, plant and fauna in this part of the globe and has climatic conditions adequate for round the year economic activity in whatsoever part of the nation. More than five decades of sustained and planned developmental initiative in India has yielded substantive results on social and economic fronts. Assisted by a comprehensive reforms programme since archeozoic 1990s, GDP growth in the post reforms period has change from an bonny of about 5.7 per cent in the 1980s to an average of 6.1 per cent in the last decade, making India one of the accelerated growing developing countries. Indeed, in the current year, India is amongst five express growing economies of the world.

In terms of purchasing power parity (PPP), India is worlds fourth largest economy. The incidence of poverty has continued to assemble and population growth has also decelerated below 2 per cent for the first time in four decades. Literacy has increased from 52 per cent in 1991 to 65 per cent in 2001. From agriculture to ergonomics and from base engineering to space, Indias rapid strides into various sectors take hold facilitated greater economic, social well-being. India has an independent legal system and a strong institutional network arising from the Constitution, which cherishes pluralism and liberalism and has federal democratic set up at its core. The country has a large... If you want to study a full essay, order it on our website: Orderessay

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