India Expected to Be World's Biggest Car Market by 2021

The video discusses the impact of currency fluctuations on recovery and costs, particularly between the pound and rupees. It highlights the GST implementation in India, which is expected to boost sales, especially in the commercial vehicle sector. The video also examines the potential effects of US protectionist policies on the Indian automotive industry, noting that the impact is likely to be minimal due to limited direct connections.

How does the fluctuation between the pound and rupees affect costs?

• It doubles the costs.

• It has no impact on costs.

• It increases costs significantly.

• It can reduce costs when calculated from a pound basis.

When is the economic drag expected to ease according to the discussion?

• By the end of March

• By the start of the next year

• By the middle of June

• By the end of the year

What is the expected impact of GST on commercial vehicle prices?

• It will bring down the prices.

• It will have no effect on the prices.

• It will increase the prices.

• It will cause a temporary price hike.

What is the anticipated effect of US protectionist policies on the Indian automotive industry?

• A significant direct impact

• A major boost to the industry

• A very indirect and marginal impact

• No impact at all

Which Indian company might be affected by US protectionist policies due to its business presence in the US?

• Bajaj Auto

• Maruti Suzuki

• Tata Motors

• Mahindra