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HCL New Delhi NCR
Mumbai
Largest small car hub: India to overtake Japan
India aims to become the small car hub of the world by dethroning Japan, the biggest maker of compact cars, a majority of which is consumed domestically.
Last year, it had pipped Brazil to become the second-largest producer of such cars.
While Japan produced 3.4 million small cars between January and December in 2009, India manufactured 1.48 million units in the same period.
According to a top official from Tata Motors, the country's biggest vehicle maker, India would certainly become the biggest manufacturer of compact, fuel-efficient cars, as there is a growing demand for such versatile cars worldwide.
Pretty much all the small car makers like VW, Fiat, Ford, Toyota, Honda, Peugeot Citroen, Renault-Nissan, Suzuki are expanding or putting down long haul, $ Billion investments. I wish Tier II Co.'s from Brazil, Malaysia, Iran, Turkey or Russia and others also join in.
Further Read -
http://business.rediff.com/slide-sho...take-japan.htm
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Passenger car production, 2014 = ~ 4 Million*
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* despite the 2009-2013 slowdown
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Production Trend :: SIAM