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Global mfr aim to turn India into export hub
The Business Guardian
|September 01, 2023
Global automakers are Goki [looking to turn India into an export hub, as people are shifting from local demand to pricier vehicles, and that may spur more 'India-first' models, as per the media report.
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India had already surpassed Japan and become the world's third-largest car market, and now it seems that they are turning the global manufacturers towards them. As Indian drivers opt for more expensive cars, global manufacturers are also designing the automobile for India.
In a conversation with Japan-based as per the media report, Frank Torres, president of Nissan India, said that the Japanese automaker "wants to use India as a big hub for exports."
Nissan, which is currently exporting the Magnite SUV, is planning to start the lefthand drive variants of the SUV in the Middle East and Latin America.
This story is from the September 01, 2023 edition of The Business Guardian.
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