LakeHawk180
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No. Only locally manufactured Toyotas are cheap. A Fortuner (imported CKD kit assembled in india) easily goes over 50 lakhs. Cars are relatively long term investments and many factors contribute to an Indian consumers purchasing decision. Few significant ones being Cost, Reliability, Resale value and the availability and cost of servicing. In this context a “Chinese” car is just really bad value.They buy Toyota becos it's cheap. Car are quiet useless in India becos traffic congestion is common. The most popular transport vehicle mode for indian is motorbike.
Not to mention, negative changes in the situation between India and China could easily affect Chinese operations in India overnight. Not many people would take those odds. To be a real market player, Chinese auto companies in particular will need to invest in local manufacturing to cut cost to consumer.
As for the rest, I’m feeling generous so I’ll ignore it for now.