Tuesday, 11 December 2012

China's SUV maker Great Wall Motor Co. to set up shop in India




The SUV market in India is becoming huge in India with every month passing by - the country has shown more than 50% growth in UV segment in India. Nobody wants to miss this growth and at a time when all car makers which are present in India have announced plans to develop SUV's even outside players are also contemplating their Indian entry.

Fiat's Grand Cherokee Jeep have announced their plans to enter India and now its Chinese SUV maker Great Wall Motor Co. which is planning to set up a manufacturing unit in India.

"Officials of Great Wall Motor Co (GWM) were in Delhi last week for discussions and they have a team in India which is looking for location for a plant," Society of Indian Automobile Manufacturers (SIAM) Director General Vishnu Mathur told reporters here today.

He said GWM is "looking for an independent entry in the Indian market" and not through any joint ventre.

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