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"India is an emerging country with huge potential. The domestic economy is now growing at around 7% per annum and India&amp;#39;s growing importance in global terms is being reinforced by rapidly rising exports. India&amp;#39;s low cost but highly skilled manufacturing base means that the country is also taking centre stage as a favoured location for global outsourcing. The automotive industry is at the centre of India&amp;#39;s new global dynamic.  The domestic market is expanding rapidly as incomes rise and consumer credit becomes more widely available. Manufacturers&amp;#39; product lines are being continually expanded, as is the local automotive manufacturing base. Expectations are high that India can develop as a global hub for small car manufacture and as an outsourcing centre that offers the global automotive industry solutions high up the automotive value chain. Dave Leggett visited India&amp;#39;s Auto Expo in New Delhi last month and met with leading industry participants. This exclusive just-auto members&amp;#39; management briefing reviews the current status of and future prospects for India&amp;#39;s automotive industry."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.just-auto.com/analysis/indias-developing-automotive-markets-and-industry_id103672.aspx>