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Mahindra Reva reveals the Halo electric sports car

What do you mean?? I am not a big fan of automobile industry. But as far as I know automobile industry is said to be mature in a country when the country can design, test and produce its own cars, suvs, engines. I think India is already there and now time to move globally. Could you tell me in detail where I am wrong.


Sure, you're right on that, but I dont think TATA, Mahindra, etc dont have enough quality vehicles.

Mahindra has -

MahindraXUV500black.jpg


What else? The other stuff wont fly in the westernish countries.

TATA has ARIA, storme, what else?

tataariacrossover356394.jpg

tata-safari-storme.jpg



Unless you're talking about markets similar to India.


When I see Mahindra and TATA have Sedans, Vans, Hatchbacks, etc. similar to the quality of XUV, then I think they've really come of age.
 
What do you mean?? I am not a big fan of automobile industry. But as far as I know automobile industry is said to be mature in a country when the country can design, test and produce its own cars, suvs, engines. I think India is already there and now time to move globally. Could you tell me in detail where I am wrong.


Unfortunately not yet, Indian car makers needs to pass crash tests and crash safety.
 
BN-BJ393_iterra_G_20140205030531.jpg

With a grand plan to clean up Asia, the company is about to introduce three electric vehicles in India: the Kiwami bike; the T4 three-wheeler and the A4000i scooter.
“In India, there is a huge demand for electric vehicles,” said Toru Tokushige, founder of Terra, citing rising prices of gasoline as one of the reasons.
The company, founded in 2010, focuses on light, electric vehicles and is trying to reinvent Asia’s ubiquitous scooter.
Last year it introduced what it calls the world’s first mass-production, smart-phone-synchronized electric scooter. The $4,500 scooter made for Japan has two seats, a rechargeable battery and a compartment on the dashboard to connect an iPhone.
In its attempts to bring its clean vehicles to developing Asia, Terra developed a three-wheeled vehicle based on the “tuk-tuk,” a popular form of transport in Thailand and the Philippines. In India the three-wheeled taxis are called auto rickshaws
Japanese Startup to Bring Battery Powered Bikes to India - India Real Time - WSJ
 
I
An article from 2012.
Mahindra In Race For Aston Martin? - Forbes

And compare the sales figure of Aston Martin, which peaked in 2006 at 6800-7000 units, has dropped to about 3500 units in 2013. Their CEO has resigned, the new one is inexperienced. If that is not the traits of distressed asset, i don't know what is?
Interesting indeed. Will be good to see the sort of tech transfer to the main company take place as what happened with the JLR-TATA /MARCOPOLO-TATA deals so that the products delivered by the Indian parent company also improve substantially. Seeing an Indian super car would be pretty awesome (no I don't count that DC monstrosity as relevant).
 

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