Russia will enter Indian auto market

Indian auto industry has been growing faster than ever before. It�s booming with many global car manufacturers making their foray into Indian auto market. Russian automobile company GAZ is to foray into the Indian market.

CJ: Carazoo.com

Fri, Apr 04, 2008 21:45:51 IST

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Indian Auto Industry :

INDIAN AUTO industry has been growing faster than ever before. It’s booming with many global car manufacturers making their foray into Indian auto market.

Global car players from US, Germany, Japan and other countries already have their cars ranging from small cars, super luxury car to midsize cars on the Indian roads. Many upcoming cars have also lined up to hit the Indian market.

Now, Russian automobile company is eyeing Indian auto industry to launch its new cars. The first Russian automobile company to foray into the Indian market is likely to be GAZ (Gorkovsky Avtomobilny Zavod) Group. The success of cars launched by all global players in India is driving force behind Russia to think over entering Indian auto market.

The company might explore ways to manufacture its rugged commercial vehicles and cars with an Indian partner. Willingness of foreign car manufacturers to enter India will boost Indian auto industry and make it a hottest hub for global players very soon.

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