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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | IMPACT OF DEMONETISATION ON INDIAN AUTOMOBILE INDUSTRY (SPECIAL REFERENCE TO CAR INDUSTRY) |
| Authors Name: | SIDDESH REDDY K R |
| Unique Id: | IJSDR2211106 |
| Published In: | Volume 7 Issue 11, November-2022 |
| Abstract: | 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. |
| Keywords: | Demonetisation, automobile industry, economy. |
| Cite Article: | "IMPACT OF DEMONETISATION ON INDIAN AUTOMOBILE INDUSTRY (SPECIAL REFERENCE TO CAR INDUSTRY)", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.7, Issue 11, page no.770 - 772, November-2022, Available :http://www.ijsdr.org/papers/IJSDR2211106.pdf |
| Downloads: | 000337070 |
| Publication Details: | Published Paper ID: IJSDR2211106 Registration ID:202588 Published In: Volume 7 Issue 11, November-2022 DOI (Digital Object Identifier): Page No: 770 - 772 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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