Peugeot Citroën was planning to re-enter the Indian market and open a production plant in Andhra Pradesh that would have an annual capacity of 100,000 vehicles, investing €700M in the operation. PSA's intention to utilise this production facility for export purposes however remains unclear as of December 2010. In recent years, India has emerged as a leading center for the manufacture of small cars. Hyundai, the biggest exporter from the country, now ships more than 250,000 cars annually from India. Apart from Maruti Exports' shipments to Suzuki's other markets, Maruti Suzuki also manufactures small cars for Nissan, which sells them in Europe. Nissan will also export small cars from its new Indian assembly line. Tata Motors exports its passenger vehicles to Asian and African markets, and is preparing to sell electric cars in Europe in 2010. The firm is planning to sell an electric version of its affordable car the Tata Nano in Europe and in the U.S. In the 2000s, Mahindra & Mahindra prepared to introduce its pickup trucks and small SUV models in the U.S. market, but canceled its plans. As of 2019, it is assembling and selling an off-road vehicle (Mahindra Roxor; not certified for road use) in limited numbers in the U.S. It is also sold in Canada. Bajaj Auto is designing a low-cost car for Renault Nissan Automotive India, which will market the product worldwide. Renault Nissan may also join domestic commercial vehicle manufacturer Ashok Leyland in another small car project. While the possibilities for the Indian automobile industry are impressive, there are challenges that could thwart future growth. Since the demand for automobiles in recent years is directly linked to overall economic expansion and rising personal incomes, industry growth will slow if the economy weakens. Top 10 export destinations India exported $14.5 billion worth of automobiles in 2014. The 10 countries below imported 47.8% of that total. Exports of Vehicles in India decreased to 1478.68 USD Million in 2020 from 11332.49 USD Million in 2019. Passenger vehicle manufacturers in India India is the 4th largest passenger vehicle producer in the world. In 2018–19, it produced 4.06 million cars. Currently, there are an estimated 30 million cars in India. This list is of cars that are officially available and serviced in India. Indian brands Models currently manufactured by Indian brands Mahindra: Bolero, Scorpio, Thar, Bolero Neo, KUV100NXT, Marazzo, Alturas G4, XUV300, XUV700 Tata Motors: Xenon,