China’s Changan automobiles to enter India?

#hashtags: #China #SUV #India #Changan

China’s fourth largest automobile manufacturer (by volume) could possibly be entering the Indian market in the next financial year. Except for its SUV segment, China’s automobile market has been facing a huge slump in the last few years.

India has emerged as one of the promising car markets and has been getting the attention from all international automobile manufacturers. Changan could most possibly be looking at this as an avenue to sell more units and increase its revenue stream.