ROGE - Pune 2011 - The Academy of Business and Retail ...

International Conference on the Restructuring of the Global Economy, PUNE 1-2 February, 2011
Pakistan got the first and sixth positions respectively, among the top arms importers.
Both countries mostly buy arms from the top arms exporters including US, Russia,
Germany and France. Now the changing pattern of world economy requires change in
spending behaviour of both countries. This paper explores answers to 3 main
questions. First, how much amounts each of India and Pakistan has spent on defence,
after attaining the status of atomic power Second, what was the impact of this defence
competition between Pakistan and India, on the economies of arms sellers Finally,
what will be the impacts on the economic development of both countries, in the
scenario of least possible spending on their defence programs Budgets and economic
variables of India and Pakistan, and those of arms sellers have been analyzed, with a
special focus on defence budgets of India and Pakistan. The paper concludes highly
positive impacts on economic development of both India and Pakistan, in case of least
possible spending on their defence programs.
III.
Globalisation and Impact on Indian Automobile Industry
Vadood Javan Amani, Pune University, India
Abstract
The automotive sector is one of the core industries of the Indian economy,
whose prospect is reflective of the economic resilience of the country. Continuous
economic liberalization over the years by the government of India has resulted in
making India as one of the prime business destination for many global automotive
players.The Automotive industry in India is one of the largest in the world and one of
the fastest growing globally. India manufactures over 11 million 2 and 4-wheeled
vehicles and exports about 1.5 million every year. It is the world's second largest
manufacturer of motorcycles, with annual sales exceeding 8.5 million in 2009. India's
passenger car and commercial vehicle manufacturing industry is the seventh largest in
the world, with an annual production of more than 2.6 million units in 2009. In 2009,
India emerged as Asia's fourth largest exporter of passenger cars, behind Japan, South
Korea and Thailand. The automotive industry is at the core of India’s manufacturing
economy. India is positioned to become one of the world’s most attractive automotive
markets for both manufacturers and consumers. The resulting benefits to society-in
economic growth, increased jobs, and stability for families employed by the
automotive industry-are considerable. India is expected to top the world in car
volumes with approximately 611 million vehicles on the nation's roads. According to
Society of Indian Automobile Manufacturers SIAM, the total automobile sale in the
domestic market was reported 1114157 units in January 2010, increasing by 44.9%.
IV.
Millennium Development Goals –Understanding Contemporary Change in Indian Economy
Renita Dubey, Amity Institute of Competitive Intelligence & Strategic Management
and Utparn Dubey, Birla Institute of Management & Technology, Greater
Noida,India.
Abstract
This study investigates performance of the Indian economy in the context of
MDG .For the past decade recognition of the role of MDG has been rising.In the year
2000, 189 UN member states including India set for themselves eight developmental
goals, ambitiously entitled the 'Millennium Developmental Goals'. They pledged to