A Technological Innovation of Tata Nano Car Perspective of Indian Automobile Industry

摘要

India is one of the fastest growing economics in the world,and is seeing a steady growth,based on fundamentals.The purpose of this article is to investigate how innovation can be used to deal with a changing technological environment.Technology has been a tremendous driving force for innovation in business,especially in the recent times.The automobile is one of the most complex consumer produces in existence.India has been hailed by market analysts as an emerging hub for the manufacturing industry with its focus on emerging,innovation and technology.The Indian automobile industry is going through a technological change where each firm is engaged in changing its processes the technologies to maintain the competitive advantage and provide customer with the optimize products and services.Starting from the two wheelers,trucks and vehicles,commercial vehicles and the luxury vehicles the Indian had achieved splendid achievement in the recent years.This paper aspires as to present the Indian automotive industry on innovation and has innovated cheapest Nano Car (approximately $2500) technologically.New technologies in the production process are constantly being introduced,and processes in the sales and service arena are shifting to meet the demands of the ever changing market.