ii
TABLE OF CONTENTS LIST
OF ACRONYMS 1
EXECUTIVE SUMMARY 4 CHAPTER 1: INTRODUCTION 9 1.1.
Terms of Reference 9 1.2. History of the Sector
10 1.3. Review of Literature
12
CHAPTER 2: THE AUTOMOTIVE SECTOR 16 2.1. Coverage
16 2.2. Sizing of the Sector
16 2.3.
Contribution To The Economy 26 2.4. Demand Analysis
32
CHAPTER 3: POLICY AND REGULATORY FRAMEWORK 34 3.1. TRIMS
34 3.2.
Investment Policy 36 3.3. Trade Policies
38 3.4. Tariff Policy
39 3.5. Auto Industry
Development Programme 43 3.6. Policy and Standards
44
CHAPTER 4: EXTENT OF EFFECTIVE PROTECTION 45 4.1.
Methodology 45 4.2. Results
46 4.3. Recommendations on Tariff Reform
47
CHAPTER 5: ASSESSMENT OF COMPETITION IN THE SECTOR 52 5.1. Methodology for Assessing Degree of Competition
52 5.2. Measure of Extent of Competition
53 5.3. Assessment of Competition
in the Automotive Sector 54