Car Industry or Automotive Industry is one of the outstanding industries of the world. US are the world's largest car manufacturing nations. Japan is at the third position specialized in Car or Automotive Industry. This industry is the powerful source of economy for Japan. The automotive industry in Japan rapidly increased in 1970s to 1990s. With the production and manufacture of significant exports and automobile parts, Japan ranks the position of third largest producer of automotive industry. Cars designed in Japan are praised internationally and have won many awards and achievements such as European Car of the Year Award, International Car of the Year Award and World Car of the Year Award because of their excellence and quality.

The three main Cars of Japans' Automotive Industry which are fundamental sources of Economic growth are Honda, Mazda and Mitsubishi.

Honda:

Honda is popular bike producers and largest bike manufacturers from long era of time. Honda is the famous company worldwide with high quality automotive vehicles and second largest all Japanese automotive companies. Honda also has specializations in manufacture of Internal Combustion Engines. 14 millions internal combustion Engines are being manufactured every year by Japanese well known automotive company Honda. This company has its home in Tokyo and is led by President Takanobu Ito. Honda was the first Japanese company to launch and introduce a luxury Brand, with the production of Acura cars in 1986. After that first brand car by Honda, Acura Cars were listed as one of the best performance cars of the world. The car enjoyed the income of 54 billion yen and operating income of 750 billion yen.

Mazda (in photo):

Mazda car has its business since 1920. Mazda Company was previously established for the manufacture of machine tools in 1920s but it switched to automotive vehicles in 1930s. Mazda aimed in manufacturing of Wanket Rotary Engine, because they preferred to work on that specific automotive part in the beginning. With their devotion to the industry, they succeeded in existing their company and products in the well known brand. Mazda is one of the important names in manufacture of high quality and elite cars with the net income of 60 billion yen and operating income of 23.8 billion yen. Mazda manufacture 1.3 million vehicles every year and most of them are made in Japan. It won the position of 15th largest automaker company of the world in 2007. North American Mazda models are mostly made in Japan and are praised globally. Japan also specializes in Mazda speed6 Engine and transmission production for these Mazda Models.

Mitsubishi:

Mitsubishi is the well known automobile industry having its headquarters in Minato and Tokyo, Japan. Mitsubishi is the 6th biggest Japanese company and 16th largest automaker producers company of the world. It was formed in 1970 and specializes in both luxury cars and commercial vehicles. The net income of Mitsubishi car was 99 billion yen. It specializes in manufacture of commercial grade trucks, buses, heavy construction equipments and luxury brand cars.

India is the rapidly growing financial health with one of the largest populations of the world. India has over 50 cities with population of millions of people. One of the strengths of India regarding economic growth and business development is that India has heavy network of banking institutions, financial organizations and an organized financial market. The market varies across many of its regions and areas.

Fundamentals While Having Businesses in India:

If you are planning to start business in India there are the necessary things you should consider before starting or thinking starting business in India:

Patient Attitude:

In India, business moves a bit slower because business and marketing people use to take their time. They like to think and plan for things and then decide whether to indulge in a business or not. If you are deciding to start business relationships with any person, group or company, you should be patient and give them time to set their views and decisions. Things might take days, weeks or months to be decided. The same strategy is followed in France, London, Hong Kong and New York.

Travelling Insight;

In India, Business is not confined to one and same place. If you are starting a business in India, you need to travel to other business places, departments or branches for the growth of your business. The biggest business centers and business markets of India are Delhi and Mumbai. In order to expand your business, the travelling insight is necessary. Person cannot expand or growth of business cannot be done by sitting at one place.

Flexible Attitude towards Time Strategy:

India is one of the countries which is thought to follow 9 to 5 Business Timing Strategy for their business concerns. In spite of this system, most of the business people in India like to arrange long meetings which might start in the early morning or in the last evening. They might start their business meetings or procedures late so a person who is new in this era must stay flexible to the timings. Last minute changes are one of the part of Indian Business Processes. Business meetings, Lunches, Dinners, Conferences or appointments' might be postponed, rescheduled or cancelled in the very last minutes, so a flexible attitude would be beneficial for business people.

Important Dates and Religious Holidays:

India has a countless number of religious and cultural holidays which might change depending on the religious year or Calendar year. Most of the holidays are observed and assured by the State Government. If you are new in India or moving to India for business purposes, please do not go on sacred or religious events or days.

Different types of Formality:

In India, you might face different types of formality and getting used to those types would be beneficial to develop business in the Indian market. On one hand, business people prefer politeness and deal very politely with people. But on the other hand, some business people will not discuss frankly until they trust you and your business purposes.

South Korea is a member of the Organization for Economic Corporation and Development (OECD) and world's largest economies. It is a developed country with developed market. South Korean market is one of the well known and fastest growing economic markets. South Korean market provides the estimates of the financial performance of the facts including land, property, government, political conditions, foreign relations and travel and business processes.

Customs and Etiquettes of the South Korean Business Market:

Every country has some major trends and variations to cope with the business and economic development processes. If you are thinking or planning a business in South Korea, you should consider the fundamental rules of etiquette because most of the business interactions and communications are governed depending on those necessary etiquettes.

GDP Composition

South Korean market is growing and there are several sectors where South Korean has made lots of growth. The overall GDP has grown up and after 1997 crises of Asian Market the country is grown its GDP growth. The industrial and servicing sector of the country are playing their equal parts.

Agriculture

After the division of Korea, the agriculture sector added 50% to the GDP of South Korea. However, South Korea has shifted gradually to industrial sector. In 1980s, the primary sector dropped by 15%. The agricultural sector, forestry, fishing, hunting and crops added 6% to the GDP of the country.

At present total 16% land of the area is arable. Country processes raw material and relies on the agricultural products. However, the increasing industrial sector and population have made people to move towards the industrial arena. Government is still making policies to stabilize the agricultural sector. The government subsidies are allowing people grow agriculture sector at large scale. To operate in live stock, South Korea imports lots of beans, grains and white cotton from different part of the world. Textile and leather goods are also making progress.

Industry

GDP of the country is constantly growing due to growth in the industrial sector. The industries include mining, water and gas and electricity. Industries put up 34% of GDP growth of the country in the past. However it has grown to 39% at present. Mining industry of the country has witnesses a gradual increase. South Korea produces zinc, cadmium and steel at large scale. Other reserves in the country are iron, copper, gold, silver, lead and antimony. However, the domestic fails to get enough production from the mines. South Korea imports some of the mineral to fill the gaps. South Korean automobile industry is also playing key role in developing the economic health of the country. Moreover, chemicals and steels are adding a handsome sum.

Services

The service sector of the country is adding some GDP as well to the finance market of the country. It has grown up to 50% in 1980s. The sector employs 70% of the population of the country. At present the sector has witnessed a great growth and citizens are making progress in the services sector.

Asian market is divided into developed and developing countries. Some of the highly developed countries are Japan, Hong Kong, Singapore, South Korea and Taiwan. China, India, Malaysia and Russia are major economies and also exist in the list of developed countries.

Asia succeeded in winning the title of major economic market after World War 2. Asian regions consisted of many stock industries but after World War 2 the Protectionist Policies and Government Efforts raised Asia to high levels and Asian market emerged as Exporting Powerhouse. The members of Asian Market including Hong Kong, Singapore, South Korea, Taiwan, Thailand, India and India were involved in large industrialization processes which helped to develop their economies. Another factor involved in the development of economic conditions of Asian regions is their entrance in the Global Market by Export of Mass Produced Products. Asia Tiger economies which are Hong Kong, Singapore, South Korea and Taiwan which are mainly referred as Asian Tigers grew significantly from the late 1980's till the mid of 1990's. Asian Economic growth has experienced many setbacks for many reasons but the economies recovered their position in the late 1990's. South Korea is one of the highlighted countries of Asia regarding the high economic growth. This country sets a great example of emerging as a successful and dominant economy in the International markets. South Korea emerged as the greatest Technology powerhouse which is the major factor for the success in the Global Market. South Korea emphasis on education such as subjects of Biotechnology, Robotics and Aerospace Research fields are also credits in the economic growth of this country.

The success of the major companies is also a devoted reason for the Success of Economic processes and Development of Business in Asian regions. Some of the trends followed by some Asian regions were Demography across Asia and Rise of Labor costs in China. These two factors consider both the kinds of things which are produced and the ways through which things are produced. Labor Intensive Industries contributed to the development and growth of economy in Asia.

A shift of Quantity to Quality is also a prominent factor in the Asian Economic and Business Development. Asian regions gave emphasis in the manufacture of high quality products and the products which are safe and fir for different environments and purposes.

Intense Global Competition is one of the significant reasons of the success in Global Market. Customers and buyers needs and tastes are influenced by their moods and situations. Asian firms must compete with the multinational companies, factories and industries regarding Global Supply Chains, Brands and also in Research and Development. This competition of Asian market with other markets led to the development of good economy. Japanese Banks and Customer- Electronic firms also contributed to the business of Asian regions. The Stock Exchange market of Japan faced many challenges but revived back to success. Asia now accounts 27% of the world market capitalization. South Korean companies such as LG, Samsung, Hyundai and Toyota (in photo) have global scale. India has produced world class firms in the field of Technology and Pharmaceuticals