The company in the initial phase will import its products in SKD (semi knocked down) format and will eventually start production in India as soon as its Indian facility starts functioning. It is believed that after the success of Indian home-grown brands like Hero Honda and Bajaj, global companies including those in China, are exuberant for India. Today, two-wheelers form the backbone of Indian personal transportation and with increased purchasing powers among the general population, the market will only expand to unprecedented levels.
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Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006
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