Canada aerospace industry provides comparative edge. In Canada, production base is 7.1% cheaper compared to US, as investment cost is comparatively lower there.
Indian Automobile sales will grow at a CAGR of 9.5% to 13008 million by 2010 from current 8.45 million units in FY05. This report gives an insight with respect to recent trends and happenings.
The Government of India is keen to provide a suitable economic, and business environment conducive to the success of the established and prospective foreign partnership ventures.
Though the industry bears a promising potential, yet it was observed that the growth recorded in the financial year 2003 was badly shaken in the following financial year 2004 and 2005.