Great Wall and Foton Motors Plan to Enter Indian Market

The Great Wall Motor Company is not a familiar name in the Indian subcontinent. It is the name of a Chinese automobile firm that has since 2008 been producing cars and SUV's for the Chinese market. Beiqi Foton Motor Company is yet another name that is prevalent in the Chinese auto market. Now news out of SIAM is that officials from both these auto makers paid a visit to SIAM in order to discuss their venture into the Indian market.

Published On Dec 11, 2012 12:45 IST

Published OnDec 11, 2012 12:45 IST

Last Updated OnDec 11, 2012 12:45 IST

5.7K Views

Write a comment

Foton Motors apparently has already acquired a piece land in Maharashtra to setup a production facility. Great Wall Motors is has as yet not made any deals on land acquisition, but is reportedly interested in places like Gujarat, Tamil Nadu and Maharashtra for their production facility. According to officials at SIAM, Great Wall Motors plans to enter the Indian automotive scene by April 1, 2015 which marks the start of the 2015 financial year.

We also have reports that neither of the two Chinese auto firms are interested in a joint venture and wish to enter the market independently. While Chinese vehicles are very popular within the country itself, their popularity outside of China is somewhat diminished because of an inability to meet international safety and equipment standards. These companies will have to carefully consider the Indian market before they launch any products. Stay tuned to CarDekho as we bring you further updates on the future of Great Wall Motors and Foton Motors. Cheers!

Was this article helpful ?

Wajeeh

Raised in the Middle East, Wajeeh Khan spent most of his life in Doha, Qatar where he was originally educated in the field of communications and networking. He spent five years working and garnering experience in various fields including administration, insurance, sales and construction. However, Wajeeh has always had a deep seated passion for automotive writing, which has brought him back to his roots in India and although a fresher in the field, he is an obsessive enthusiast with an extreme and inquisitive nature and has his bases on the hows and whys of the functioning of a car, all covered. Armed with exceptional knowledge on the workings of the English language and his obsession for cars, he hopes to make a name for himself in the field of automotive journalism. Read more

Trending Cars