Challenges and Impact of Capital Budgeting Techniques- An Empirical Study (Only Automobiles Companies)

Capital Budgeting decisions are very crucial for every organization. Major decisions like purchase of new plant and machinery, expansion of business etc., these types of decisions require huge amount of capital. If investment made in these assets is wrong then business may have to suffer a lot of loss of money and have to bear the sunk cost as well. So, before taking these decisions, it is mandatory to apply the capital budgeting decisions and there will be chances of wrong decisions. In this research paper , I like to study basically the automobiles company because very few studies are carried on it. So, there is a need to study the various issues involve in Capital Budgeting Practices in India.