India, one of the largest car markets in the world, has been luring international car manufacturers for a while now. This time around, popular China-based car manufacturer, Chery International, is planning to collaborate with Tata Motors to enter India. Chery International and Jaguar Land Rover (JLR) hold 50 per cent share each at the assembly plant in Changshu since 2014.
The company’s collaboration with Tata Motors will help the brand understand and develop products for the Indian market. In the international market, Chery International’s product portfolio includes the QQ hatchback, Arrizo sedans and the Fulwin2 F. Moreover, the company will be launching an all-new SUV, the Exceed TX for the international market. Speaking to media, Yin Tongyao, Chairman, Chery International said, “India is a great country with a good heritage. We have a partnership with Tata Group. We may explore a tie-up to enter India.”
For a while now, Chinese car manufacturers have been planning to make a foray into the Indian automotive market. Reports claim that apart from Chery International’s India debut plans, Shanghai Automotive and Beiqi Foton too have concrete plans for India. As for Changan and Great Wall, they are in discussion with the local authorities. More details on these developments will be known in the days to come.
