Jatinder Singh is Assistant Professor at the Centre for Research in Rural and Industrial Development (CRRID), Chandigarh, India. He obtained his PhD from Jawaharlal Nehru University, New Delhi and M.Phil. from the Centre for Development Studies, Thiruvananthapuram, Kerala. His research areas include foreign direct investment, technology development and industrialisation in India. He has published nine research papers in refereed national and international journals and five chapters in edited volumes apart from presenting papers at various conferences. Presently, he is coordinating two research studies funded by the Indian Council of Social Science Research, including one on industrial development in Punjab. He has worked in different capacities with various organisations including Centre for Development Studies, Thiruvananthapuram; Centre for WTO Studies, New Delhi; University of Delhi; and National University of Education Planning and Administration, New Delhi.

• List of Tables and Figure. List of Abbreviations. Preface and Acknowledgements.1. Introduction 2. Exploring the Basics: Development of Passenger Car Industry in the Changing Regulatory Framework 3. Restructuring of Passenger Car Industry 4. Technological Development of Passenger Car Industry (1981–2000) 5. Technological Development of Passenger Car Industry Since 2000 6. Foreign Presence and Balance of Payments (1981–2000) 7. Contribution of Foreign Firms to Balance of Payments Since 2000: Net Importers or Exporters? 8. MUL and Hyundai: Two Special Cases 9. Conclusion and Policy Implications. Annexure. Bibliography. Index

‘The major merit of the book is that it analyses both pre- and post-reform periods and questions the view that the passenger car industry in India is an example of success of liberalization.’Sudip Chaudhuri, Professor, Indian Institute of Management Calcutta, Kolkata, India‘Jatinder Singh’s book is an important study on one dimension of the changing face of Indian capitalism. A follow-up study on the grave environmental implications of increasing supply of and demand for cars should be the logical outcome.’Pritam Singh, Professor of Economics, Oxford Brookes Business School, Oxford, UK‘A seminal contribution on India’s passenger car industry in a context wherein industry-specific studies are the need of the hour to deepen our understanding on what ails India’s manufacturing sector.’K. J. Joseph, Professor and Ministry of Commerce Chair, Centre for Development Studies, Thiruvananthapuram, Kerala, India

Jatinder Singh is Assistant Professor at the Centre for Research in Rural and Industrial Development (CRRID), Chandigarh, India. He obtained his PhD from Jawaharlal Nehru University, New Delhi and M.Phil. from the Centre for Development Studies, Thiruvananthapuram, Kerala. His research areas include foreign direct investment, technology development and industrialisation in India. He has published nine research papers in refereed national and international journals and five chapters in edited volumes apart from presenting papers at various conferences. Presently, he is coordinating two research studies funded by the Indian Council of Social Science Research, including one on industrial development in Punjab. He has worked in different capacities with various organisations including Centre for Development Studies, Thiruvananthapuram; Centre for WTO Studies, New Delhi; University of Delhi; and National University of Education Planning and Administration, New Delhi.

• List of Tables and Figure. List of Abbreviations. Preface and Acknowledgements.1. Introduction 2. Exploring the Basics: Development of Passenger Car Industry in the Changing Regulatory Framework 3. Restructuring of Passenger Car Industry 4. Technological Development of Passenger Car Industry (1981–2000) 5. Technological Development of Passenger Car Industry Since 2000 6. Foreign Presence and Balance of Payments (1981–2000) 7. Contribution of Foreign Firms to Balance of Payments Since 2000: Net Importers or Exporters? 8. MUL and Hyundai: Two Special Cases 9. Conclusion and Policy Implications. Annexure. Bibliography. Index

‘The major merit of the book is that it analyses both pre- and post-reform periods and questions the view that the passenger car industry in India is an example of success of liberalization.’Sudip Chaudhuri, Professor, Indian Institute of Management Calcutta, Kolkata, India‘Jatinder Singh’s book is an important study on one dimension of the changing face of Indian capitalism. A follow-up study on the grave environmental implications of increasing supply of and demand for cars should be the logical outcome.’Pritam Singh, Professor of Economics, Oxford Brookes Business School, Oxford, UK‘A seminal contribution on India’s passenger car industry in a context wherein industry-specific studies are the need of the hour to deepen our understanding on what ails India’s manufacturing sector.’K. J. Joseph, Professor and Ministry of Commerce Chair, Centre for Development Studies, Thiruvananthapuram, Kerala, India

Jatinder Singh is Assistant Professor at the Centre for Research in Rural and Industrial Development (CRRID), Chandigarh, India. He obtained his PhD from Jawaharlal Nehru University, New Delhi and M.Phil. from the Centre for Development Studies, Thiruvananthapuram, Kerala. His research areas include foreign direct investment, technology development and industrialisation in India. He has published nine research papers in refereed national and international journals and five chapters in edited volumes apart from presenting papers at various conferences. Presently, he is coordinating two research studies funded by the Indian Council of Social Science Research, including one on industrial development in Punjab. He has worked in different capacities with various organisations including Centre for Development Studies, Thiruvananthapuram; Centre for WTO Studies, New Delhi; University of Delhi; and National University of Education Planning and Administration, New Delhi.

• List of Tables and Figure. List of Abbreviations. Preface and Acknowledgements.1. Introduction 2. Exploring the Basics: Development of Passenger Car Industry in the Changing Regulatory Framework 3. Restructuring of Passenger Car Industry 4. Technological Development of Passenger Car Industry (1981–2000) 5. Technological Development of Passenger Car Industry Since 2000 6. Foreign Presence and Balance of Payments (1981–2000) 7. Contribution of Foreign Firms to Balance of Payments Since 2000: Net Importers or Exporters? 8. MUL and Hyundai: Two Special Cases 9. Conclusion and Policy Implications. Annexure. Bibliography. Index

‘The major merit of the book is that it analyses both pre- and post-reform periods and questions the view that the passenger car industry in India is an example of success of liberalization.’Sudip Chaudhuri, Professor, Indian Institute of Management Calcutta, Kolkata, India‘Jatinder Singh’s book is an important study on one dimension of the changing face of Indian capitalism. A follow-up study on the grave environmental implications of increasing supply of and demand for cars should be the logical outcome.’Pritam Singh, Professor of Economics, Oxford Brookes Business School, Oxford, UK‘A seminal contribution on India’s passenger car industry in a context wherein industry-specific studies are the need of the hour to deepen our understanding on what ails India’s manufacturing sector.’K. J. Joseph, Professor and Ministry of Commerce Chair, Centre for Development Studies, Thiruvananthapuram, Kerala, India