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Vol 1 (AAC) No 5

Published 1st March 2008


Speedy motors miracle

Surprising customers and competitors, India's car exports are now beginning to capture Africa's markets

After a long courtship India's biggest car manufacturers are looking for rapid expansion in African markets. Indian vehicle makers are bullish on Africa and engaged in steadily expanding their reach to tap its burgeoning markets and rising economic potential. Gradually expanding their African operations for decades, Mumbai-based passenger and commercial automotive majors Tata and Mahindra want to double their sales by 2015 and establish joint ventures for local manufacture.

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