IMPACT OF DEMONETISATION ON INDIAN AUTOMOBILE INDUSTRY (SPECIAL REFERENCE TO CAR INDUSTRY)
Demonetisation, automobile industry, economy.
Demonetisation is a tool to battle inflation, black money, corruption and crime. It is a rational decision which affects the nation at a whole. This policy of government by banning Rs 500 and Rs 1000 currency notes has induced almost all the corner of the economy. The present study is made out of available literature on post demonetisation on automobile industry gradually. Indian demonetisation has shaken the economy lots of mix response has recorded. According to various survey, few industries are hoping to get positive impact whereas few fear to get hard hit. Automobile industry is one such which has negative impact. Sudden announcement of demonetisation has resulted into insecurity and fear among car buyers where major part is cash sales. The hatchback, sedan, and SUV were the harder hit. Car industry lists into major industry contributing to economic wealth for country. In this conceptual study attempt is made to understand impact of demonetisation on car industry.
"IMPACT OF DEMONETISATION ON INDIAN AUTOMOBILE INDUSTRY (SPECIAL REFERENCE TO CAR INDUSTRY)", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.7, Issue 11, page no.770 - 772, November-2022, Available :https://ijsdr.org/papers/IJSDR2211106.pdf
Volume 7
Issue 11,
November-2022
Pages : 770 - 772
Paper Reg. ID: IJSDR_202588
Published Paper Id: IJSDR2211106
Downloads: 000347154
Research Area: Commerce
Country: davangere, karnataka, India
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
