Just few months back, India overtook Brazil as the 6th largest passenger vehicle manufacturer in the world. This proves the fact that the Indian automobile industry is growing at a fast pace. India is a growing market for hatchbacks, sedans, SUVs (sports utility vehicle), MUVs (Multi utility vehicle), crossovers and MPVs (Multi purpose vehicle). Among these, small cars have emerged as a clear winner. In fact, the country has become the leading centre in producing small cars.
Every automobile company in India primarily focuses on manufacturing small cars. Maruti Suzuki, Honda, Hyundai, Tata Motors and General Motors are the top companies that are leaders in this segment. Tata Motors achieved instant success when they introduced world’s cheapest car, Nano, in the year 2009. Read more
Source : cartradeindia.com