The next 5 years will be the rising phase for the Indian auto makers that their dominance in the export market is visibly bright. By the way, they would rank along themselves with Hyundai, VW, Honda and Toyota according to report revealed by a survey carried out by KPMG. The survey, posed to some 200 senior executives, points towards the Indian and Chinese auto makers dominating the future.
The survey brought out the continued dismal state of GM and Chrysler. The respondents predicted the achievers to have a hand in global chains too. The industry, says the survey, will receive firm investments over the next five years. The hurdles that need to be cleared are unemployment, credit constraints and unguided governments norms.
Source : vicky.in