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Old 27th April 2008, 11:47   #6 (permalink)
khanak
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Quote:
Originally Posted by 1100D View Post
And also by exploring the legal loopholes and keeping the policy makers happy.

Tata, Mahindra, Maini ow many more years of protection would they need? By the way what is the fallout of this protection, door handles that give away on trying to go for a first test drive. Huh!
The market isnt protected anymore, anyone can enter the Indian market now even without an Indian partner. Tata and Mahindra now have to face competition from all over the world and their ability to do so IMO is only because they were allowed to grow and develop themselves while the economy was closed to competition.

Thank god the government hasn't completely banned imported cars or put some silly quota on the number of imported cars that can be imported into the country. This way anyone who wants an imported car can get one by just paying the duty.
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