China auto enterprises march to India
(chinatrucks.com, June 24, 2010) After China auto enterprises develop business in Latin America, East Europe, Africa, and Russia , they aim at India market and hope to maintain market share in India.
It is learned by reporter that more and more China Auto enterprises begin to develop Indian market, and it has been contained in the strategy of overseas market, such as, Foton has launched the plan to march in India market.
Foton, FAW, Chery, and Great Wall Auto plan to introduce light van, sedan, heavy truck, and bus to India according to India media report. Some China Auto enterprises decide to invest billions of dollars to cooperate with Indian manufacturers to set up AV companies in India in order to manufacture low cost product and export to Southeast Asia.
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