India, a major base for exporting small cars, is becoming a - TopicsExpress



          

India, a major base for exporting small cars, is becoming a preferred hub for some global #automakers to develop and source compact engines. Global automakers like #FordMotor Co and #Renault are leveraging the manufacturing capacity in India to meet export demand helps keep costs low. The cost advantage of #India over other markets remains strong, and it (manufacturing in India) is a good 30% more cost effective than a matured base of Europe, said the director of EMMAAA, an automotive research and advisory firm specialising in emerging markets.
Posted on: Mon, 27 Jan 2014 05:37:32 +0000

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