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Old 27th April 2008, 16:17   #17 (permalink)
flyingspur
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Join Date: Dec 2007
Location: Mumbai
Posts: 421
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Quote:
Originally Posted by khanak View Post
Now think about this, instead of making the Estate, if Tata went ahead and imported Accords into India without any duty, people would have loved it. However we would remain dependent on a foreign company to produce the Accords, We would rely on foreign R&D. Indian workers, managers, engineers would all have no work. Money that we earnt would be sent outside the country to pay Honda and our country would become poorer and poorer.
Quite true. But it's also quite sad that we're in this position. Because in the car markets overseas, nationality and national economy have really taken a step backward when it comes to giving takeovers (not all successful, I know), tech-sharing and JV's the top priority. Anyway your points are valid. Lets hope things improve with time w.r.t. both our perspectives right? Indian cars getting good enough to compete globally, and the Import regulations being relaxed.
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