Car trouble: India's car-parts makers will have to shape up
Article Abstract:
India's car-parts makers face stiff competition as market barriers fall and the nation's auto industry grows at a pace few of them can match. In 1995 the country produced $2.6 billion worth of auto parts, but the market should reach $9.4 billion by 2000, and foreign companies smell profits. Most of the world's large parts makers have defect rates a tenth of the average in India and their worldwide volume allows efficiencies of scale family-owned firms cannot match. Those that can afford it are investing aggressively for growth.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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So far so good
Article Abstract:
The appreciating yen has helped Taiwan maintain healthy growth but imports from Japan could fuel incipient inflation. Taiwan's Jan-Mar 1995 trade surplus grew to nearly three times that of the year earlier, at $1.5 billion, and could reach $8.1 billion for 1995 overall, while GDP growth may reach 7%, up from 6.3% in 1994. Lower labor costs and strong productivity growth may counter rising wholesale prices to prevent inflation. The government will likely keep a soft monetary policy as the 1996 elections approach.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1995
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Just the thing
Article Abstract:
The introduction of the GH337 mobile telephone in late 1994 served to greatly boost the Asian profile of Swedish telecommunications equipment manufacturer Ericsson. The company has been even more successful with the GH388, its follow-up product. Mobile phones now account for 60% of the company's business in Asia, and its sales are higher in Asia than in the US. It is benefiting particularly from rapidly growing demand for mobile phones in Asia.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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