Investment in the car industry is not a new term in the world of investments. Many countries have invested in the automobile industry in the past decade, and now the percentage of investments has increased from the past few years. The automobile sector is a rising sector, therefore investments in this sector are common and profit yielding. Many large scale industries are also involved in the car industry.
The domestic and foreign car makers have invested $10 billion, or approximately 60,000 crore, over few years. These expansion plans generate hope in the market of automobile industry for the long term prospects. With the increasing amount of investments in the car industry, India is supposed to become the third largest sales market. It is seen that Suzuki Motors (BOM:532500) is increasing the capacity in the country and on the other hand, Honda (HMC) is ready to enter the new segments. Continue Reading »