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విదేశీ కార్ల తయారీదారులు భారతదేశాన్ని ఎందుకు విడిచిపెడుతున్నారు?Why Car Companies Failed in India .
Ford and Chevy left. Toyota is surviving with the help of Maruti, Honda stopped the CRV and Civic. Nissan was struggling and Magnite came to the rescue. VAG group has an India 2.0 project (on which expectations are high). Jeep is here with the facelifted Compass and a 36 lakhs price tag. Maruti being the jack of all trades is surviving. Surprisingly, KIA Motors have had a stampeding success, where they sold around 3 lakh cars in 3 years. (I would like to mention Isuzu here, which have survived here despite anything and everything). The fear of people around the foreign manufacturers has in fact boosted the market for Indian manufacturers and they are coming up with world-class products (which is really hopeful).
But still, there must be something for why Ford, Chevy, Honda struggled here. Let us take a look at the challenges faced by the Indian manufacturing sector to get a better idea.
Unskilled labor: Yes. We have cheap labor here in India, but the skillsets when compared to other countries are not competitive enough.
Indian land prices place it among one of the most expensive to own places in the entire globe. So, setting up a manufacturing facility would be obviously difficult.
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Voice Over :- *J.S.ARVIND,
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