Chinese Changan Automobile May Enter India

During his official visit to India back in September, the Chinese President had announced a total investment of 20 billion dollars in the next 5 years. As an offshoot, the state owned car manufacturer Changan Automobile Co Ltd, is contemplating an entry to India via this route. The company has several major joint ventures in China which includes the likes of Suzuki, Ford and PSA Peugeot Citroen.

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