India can be a big base for exports of auto parts

 23-Aug-2016 :

The world’s top three car markets will be China, US, India. India needs better FTA with UK, ASEAN and Europe. Countries like Middle east, Africa, Australia can be catered to. India can be a big base for exports of parts.

Renault has invested in a big plant, setup a big technology centre, a global parts distribution centre and two design centres in India. Kwid does 98% localisation.