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Indian Automotive Industry In the early 21st century, with the original four Asian Tigers at or near to fully developed status, attention has increasingly shifted to other Asian economies such as China and India, which are experiencing rapid economic transformation at the present time and are thus leading a sort of redistribution of the epicenter of global innovative activities. Not only so, it is also being widely contended that these emerging new economies that have already shown capacities to alter the balance of the international division of labour in their favour i.e. demonstrated capabilities which might drastically change the world’s technological map. The apparent tendency is conjectured to have risen from some substantial amount of cumulative deepening and technological upgrading of the enterprises (at least in some industries, if not all) within these economies.
India initiated economic reforms, beginning in the 1980’s, which became comprehensive in the early 1990’s. The reforms included significant liberalizations of the external control regime, opening up for increased imports and for foreign investments. The manufacturing industry has evolved; being chiseled by India’s liberalizing trade and investment regimes on the one hand, and the structural readjustments from within (propelled mostly by the changes in global industry), on the other. Several authors have documented the technological learning processes in Indian firms in a spectrum of industries (e.g., Kale and Little (2007) in pharmaceuticals, Arthreye (2005) in software industry, Parhi (2006) in the automotive industry).
The broad aim of this section is to discuss the changing forms of innovation in Indian automotive firms over the last few years. Starting with a broader contextual view of the automotive sector, to give a flavour of the general industrial environment, we will analyze the specific case of auto components industry which has shown remarkable success over the last two