The latest figures issued by SIAM showed that the Indian car market was a witness to a growth of 32.69% last year(Jan-Dec 2010). India is soon becoming a hub for car manufacturers not only to sell their cars but to setup manufacturing units. India comes a close second to China when it comes to the fastest growth in the Automobile sector in the world.
International car manufacturers too are eyeing India and we will get to see the country soon emerging into a major automobile hub. Companies like Hyundai, Ford, Maruti Suzuki, Tata Motors have been at the forefront when it comes to the exports from the country. We look forward to the coming year as we already have car manufacturers lined up with their cars and soon enough see India grab the first position.
