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Indian carmakers commit $10 billion to add new capacity of 2.2 to 3 million units

Indian carmakers commit $10 billion to add new capacity of 2.2 to 3 million units

Ketan Thakkar     calendar09 Jan 2023

With the Indian passenger vehicle market recording strong double-digit growth and lots of potential for future growth, all the top carmakers have outlined big-ticket spends to substantially increase manufacturing capacity.

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

65.21%

No

 

34.79%

Total Votes : 917