Financial Performance of Tata Motors and Maruti Suzuki Automobile Industry of India

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Abstract

In India and in the global economy the automotive industry is the dominating player. The industry has a high multiplier impact on industrial development due to its forward and backward ties with many important sectors of the economy. Over the years, the industry has evolved to face the most diverse difficulties of transition, consolidation and restructuring and therefore adapt to the new market environment. This paper analyzes financial performance of Tata Motors and Maruti Suzuki, two large car firms from India, after a liberalization policy and shows both businesses' liquidity, effective use of assets and profitability in the financial strengths of their comparative financial strength.