Even after a few attempts and decisions against it, PSA Peugeot Citroen is yet again mulling over tapping the oportunities in India. The car maker, which is the second largest automotive company interms of sales, is zeroing in on the south Indian state of Andhra Pradesh.
The Nissan Motors - Renault SA combie have decided to temporarily hold their auto manufacturing production projects in India. The reason, as we know, is the current sate of the economy.
Even as General Motors continue its bad patch in the US, it is said to have been lining up major plans for India. The company’s investment for the India market is already close to breaking the $1billion mark.