Chinese automaker JAC Motors planning to enter Indian market
The Chinese auto giant, JAC Motors (Jianghuai Automobile Co Ltd) is planning to enter into the Indian auto industry. A person close to the company's strategy told ET that the company is aiming to sell its vehicles in India.
Amit
Published On Feb 18, 2014 16:43 IST
Published OnFeb 18, 2014 16:43 IST
Last Updated OnFeb 18, 2014 16:43 IST
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Recently, the company sent its top executives to India to identify the location where it can set up its manufacturing plant to assembled CKD kits, which will be imported from China. It will be the third Chinese auto brand after Beiqi Foton and Great Wall Motors to enter the Indian car market.
Speaking to ET, a person aware of the company's plan said quoting Jina Kang said, "JAC is looking at leveraging its strength as the biggest chassis manufacturer of China to develop a host of applications for the diverse Indian market".
JAC is one of the top 10 Chinese automakers that sells 9 passenger vehicles and three commercial vehicles. The company is also selling 4 engines (3 petrol and 1 diesel) and 5 different types of chassis.
Source: ET
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<p><br /> A fun person to be around, Amit Sharma brings enthusiasm to the CarDekho journalists. He's responsible for covering the national as well as global news stories for CarDekho news section. Additionally, he acts as a moderator at <a href="http://Forum.CarDekho.Com" target="_blank">Forum.CarDekho.Com</a>, accountable for everything goes live on forum. His mechanical mind, love for cars, comprehensive research skills, and of course, his Bachelor's degree in Engineering help him manage it all.</p>Read more
