Several domestic and global car manufacturers are considering making cheap, small cars for India.
Four years ago, Indian automobile manufacturer, Tata Motors, promised to produce a small car priced at about two thousand five hundred dollars for the ordinary Indian. The Tata project has captured the attention of rival domestic and global automobile manufacturers seeking to ramp up sales in a huge, emerging market.
Several companies including Honda and Nissan say they are also considering plans to make basic cars in the three thousand dollar range for the Indian market.
Gautam Gupta has more on the story.