NEW DELHI/BEIJING: China's top carmaker SAIC Motor Corp and Great Wall Motor, its biggest maker of SUVs, are spearheading the country's first major push into India, one of the world's fastest growing auto markets, as growth at home stagnates.
The entry is late and risky - global carmakers like Volkswagen AG, Ford Motor and General Motors have struggled to push sales in the cost conscious Indian market despite being here for more than a decade. Chinese cars also suffer from perceptions of poor quality in India.
While they plan to woo Indian buyers with their no-frills cars and cut-price SUVs, Chinese manufacturers will compete head on with established carmakers like Suzuki Motor and Hyundai Motor that dominate many markets in Southeast Asia.
Even so, India offers one of the last frontiers of growth - by 2020 the country is likely to become the world's third-largest car market, from fifth place, with annual sales nearly doubling to 5 million vehicles from 2.7 million in 2015.
They will surely fail here
Our PM has one of the most ridiculous foreign policy. Chinese have a history of gathering Indian intelligence. We lost Nepal, pak made a mockery of us ... And now if u allow Chinese to flush their junk in india, what will happen ?
All self respecting Indians will boycott chinese products
Do not purchase Chinese Car, let them establish unit in India,
Perhaps they will Export it to Pakistan..... Ha Ha Ha....
We don't want any Chinese products and even if the govt. approves it we won't buy them. Go and sell them to your terrorist brothers in Porkistan whom you shield.
Corrupt quit India
Indian Car buyers should not buy Chinese cars because of their reliability and after sales service.
C K S Mohan
Chinese should eye Pak market. Pakis need them for suicide bombing.
We will not die without this car n we have local manufacture to support. Please boycote all china product. This is good chance to show mirror to china