In Automobile industry, a rush to up diesel capacities
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Diesel Cars Spared Price Hike in Budget; Good News for Indian Automobile Sector
As lots of people were expecting the Finance Minister to announce tax hike on Diesel vehicles, many companies in the sector were not interested in investing more in the segment.
But, SIAM has now confirmed that there are many automobile companies in India, planning expansion in the diesel cars segment.
We might see new launches in Diesel cars in India in year 2012.
M&M, Hyundai, Nissan and Maruti Suzuki are expected to bring in new models and expand capacity.
In Automobile industry, a rush to up diesel capacities
he demand for diesel cars have seen a growth in the recent past.
that's why the majority of auto firms are focusing on diesel models.
