German firm BMW will enhance production capacity at its Chennai plant as it eyes sales of over 4,000 units in 2010
Although the United Progressive Alliance government returned to power, minus the push and pulls of Left parties, it decided to keep western multi-brand retail chains off from the country's $450-billion retail market.
Welcome to the world of Kanak Gogoi, an entrepreneur based in Guwahati, who has over a dozen innovations to his credit ranging from gravity-operated bicycle to a car which can run on air.
Currently Hyundai sources only a negligible percentage of components from India for its global needs but wants to increase the level.
Korean auto major Hyundai Motor Company will bring the diesel variant of its premium hatchback 'i20' by the end of this year as part of its plan of introducing at least two new products in the Indian market annually for the next couple of years.
German auto major Volkswagen AG is embarking on an auto component sourcing drive from India, which will see the company ordering materials worth one billion euro for its global operations, within the next two years.