Thursday, September 18

Indian Cars Going Global

Backed by a high demand, made-in-India cars have started shrugging off the discount tag overseas. For example: MG Rover would market Tata Indica in the UK for 6,500-8,500 pounds (Rs 4.7-6.1 lakh) while the Hyundai Santro is being sold in Germany and Italy for 7,900 euro (Rs 4.3 lakh). And, this includes a nominal import duty of around 6 per cent in these countries....
More on Export growth mantra for cars made in India | Times of India