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Tuesday, 10 July 2007

Indian cars going global
For international car manufacturers, India is an appropriate export podium. The advantage being, Indian-made cars are available globally for considerably low cost with the enhancement in the quality. Low cost and advanced characteristics make Indian cars most favorite among the Europeans.

High-demand for Indian cars abroad has enabled the buyers to enjoy high discount rates. For instance MG Rover would market Tata Indica in the UK for Rupees 4.7-6.1 lakh (6,500-8,500 pounds) while the Hyundai Santro is being sold in Germany and Italy for Rupees 4.3 lakh (7,900 euro). The best part is that this rate includes supposed import duty of about 6%. The popularity of Indian cars is rising. Maruti Alto and Hyundai Santro were exhibited by the manufacturers at the Frankfurt Motor Show.

Lately, foreign buyers have realized the quality of Indian cars and the affordable pricing. This high demand has made Indian car manufacturers beam with high profits. The request for Indian cars abroad has nearly doubled in recent past.

Those buying Indian makes have to pay lower import duty compared to buying Korean makes, which make Indian cars even more favorable.

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1 Comments:

At 11 July 2007 16:03 , Blogger yashaswi said...

Great! The scope for Indian cars around the globe is a matter of pride to desi manufactures. The cars certainly make the heads turn, which make the nation beam with confidence.

 

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