Regional Impact of Automobile Policy in India

Unnada Chewpreecha (), Vishnu S. Prabhu and Kakali Mukhopadhyay ()
Additional contact information
Unnada Chewpreecha: Cambridge Econometrics
Vishnu S. Prabhu: Gokhale Institute of Politics and Economics
Kakali Mukhopadhyay: Gokhale Institute of Politics and Economics

Chapter Chapter 7 in Economy-Wide Assessment of Regional Policies in India, 2021, pp 193-234 from Springer

Abstract: Abstract In India, the performance of the automobile industryAutomobile industry is considered as a key macroeconomic indicator due to its overwhelming contribution to the national economy. The sector is currently undergoing a transitional phase, spearheaded by the Electric Vehicle (EV)Electric Vehicles (EVs) adoption as well as the COVID-19 pandemic which have been evaluated using the E3-India model. The automobile and auto-componentsAuto-component industry industries have significant indirect impact on ancillary industries in smaller states, however, the magnitude of imports does not decrease due to limited domestic infrastructural capabilities. The impact of EVsElectric Vehicles (EVs) should be simultaneously met with a transition in power sector towards RE sources, otherwise the contribution towards reduction in CO2 emissions will remain underwhelming. The pandemic which brought the automobile industry to a stand-still needs to be reinvigorated through various demand-side incentives to induce confidence amongst the manufacturers.

Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-75668-0_7

Ordering information: This item can be ordered from
http://www.springer.com/9783030756680

DOI: 10.1007/978-3-030-75668-0_7

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().