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What is FDI Impact on India about?

The automobile sector in India has experienced high growth due to foreign direct investment liberalization. When FDI restrictions were lifted in 1991, it led to increased competition that forced firms to adopt new technologies and cut costs. This helped Indian firms enhance their competitiveness through greater automation, improved design capabilities, and higher production volumes. The auto components industry in particular has benefited, positioning India as an attractive outsourcing destination for globa

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