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China’s auto co GWM eyes India

NEW DELHI – Chinese car and SUV maker Great Wall Motor Co., Ltd. is looking to enter the Indian market, making it one of the first major company from the neighbouring giant to set up independent manufacturing operations here. Great Wall, China’s eighth-largest car maker, has had a series of meetings with industry body Society of Indian Automobile Manufacturers (SIAM) as well as government officials, apart from other stakeholders.

“They are meeting industry. They are meeting government. They are meeting suppliers,” Vishnu Mathur, director general of SIAM, said. Great Wall, which operates in China without a foreign partner, sells its SUVs and pick-up trucks in other emerging markets such as Russia and South Africa.

While China has emerged as the top car market in the world, Chinese companies have not yet made any major investments in India. SAIC, one of the top auto companies in China, has a limited link with India through its stake in General Motors India, but there are no other Chinese makers present here.

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