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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 9 / 2283 | 
                
    
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Tata Motors exported buses and trucks to niche markets in the developing world.
The liberalization of 1991 opened the flood gates of competition and growth which have continued up to today. The high growth in the Indian economy has resulted in all major international car manufacturers entering the Indian market...
        
        
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Demand swings in any of the segments (cars, two-wheelers, commercial vehicles) have an impact on auto ancillary demand. Demand is derived from original equipment manufacturers (OEM) as well as the replacement market. Amongst the total production range, engine parts account for 31% of the total revenues of the industry...
        
        
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                                    A Case for Trade Liberalization in Developing Countries
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