Re: Indian Car Manufacturers and their missed opportunities What I make out from whole thread is that companies in India have found their sweet spot and have little to no incentive to innovate, because there is no competitiveness among them. This can be due to our policy of applying insane taxes on imported cars to promote make in India campaign.
In other countries there is a variety of options available to people, and due to that, companies are forced to innovate, continuously hit and try to gain and maintain market share. What does that result in? A better experience for people and enthusiasts alike.
I'm all for Make in India, but I believe our approach towards this campaign is wrong. While developing countries (especially rapidly growing ones, like India) act as an attractive investment opportunity for companies, and the said country should rightfully take advantage of it; our approach is just too nonsensical in my opinion. It's almost like we're thinking too highly of ourselves. Why would companies like Nissan, Ford, GM, BMW, Audi, Mercedes expand their portfolio when they can't even atleast test whether their product will even sell in India? And let's be honest, they're making enough profits to not even bother afterall. We should rather apply reasonable, but still high taxes on imported cars, that way companies can truly see whether demand for their cars is present or not. Someone who can afford a Fortuner will most likely consider a Mercedes GLC if it were not for the 100% tax.
Also, this will force our Indian companies to get out of their comfort zone and do something more than just the bare minimum they are doing currently.
For eg, I see Tata going back to their Indica-Indigo phase where their entire lineup looked the same, but with different proportions.
Sorry for the long rant, but thats how I see it as an automotive enthusiast. |