The International Market Potential for Smart Cars


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Essay #: 059023
Total text length is 23,137 characters (approximately 16.0 pages).

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The International Market Potential for Smart Cars
India is one of the world’s fastest growing economies not only for exports but for imports as well. With a developing population and a rising middle class, India, like China, has attracted a great deal of economic and trade interest over the last five to ten years. As a former English colony with a rapidly changing policy infrastructure, India’s challenges are tied to the country’s rapid population growth and to increased industrialization. But at the same time, as Jat et al. note, “in India, currently 25.73 per cent of the population (Census of India 2001) lives in urban centers, while in the next 15 years it is projected to be around 33 per cent. This indicates the alarming rate of...
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