Chinese truck manufacturers eye India - Automobile Planet

Breaking

Post Top Ad

Post Top Ad

Chinese truck manufacturers eye India

     With the growing demand of trucks in India, Chinese truck manufacturers want to have their share in Indian truck market. One of the largest truck manufacturer of China 'Sinotruk' is planning to establish a assembling plant in India. Also Beiqi Foton Motorwhich manufactures trucks in India is finalising locations for its Indian subsidary. Shandong Shifeng, a manufacturer of agricultural light trucks is already making light commercial trucks in India with Hindustan Motors.

     "We are hoping for an India partner to introduce our products into local market. Our India strategy is to establish a local assembly facility, which invites lower taxes in order to tap the buoyant local market that is ideal for our range of big trucks," said Shen Xiangke, Sinotruk's international spokesperson.

No comments:

Post a Comment

Post Top Ad