Stage 1: Introduction
In the introduction stage of the lifecycle, an industry is in its infancy.
A firm will use a focus strategy at thisstage to stress the uniqueness of thenew product or service to a small groupof customers.
Firms may also cluster together in closeproximity during the early stages of theindustry life cycle to have access to keymaterials or technological expertise
The Indian automobile sector has passedthis stage quite successfully.