In the wake of the excise duty cut, the market could see a steep cut in the prices of heavy motor trucks and other ferrying automobiles.

The Hindujas have indicated that they might enter into the passenger car business in India, and are open to investments in the sector.

Ashok Leyland is working on an all-new full range truck platform that will be unveiled by 2010. 

Tamil Nadu, India will soon see more investment in the automobile sector soon.