Chinese automaker Changan Automobiles is rolling out the Indian market. Chinese state-owned Chang’an Automobiles has recently visited India to assess its market potential. Another Chinese company is coming to India after SAIC-owned MG and Indian Wall-mounted Great Wall Motors.
Chang’an plans to expand its operations in India by focusing on Gurugram. An investment of Rs 4,000 crore is expected to be made in a phased manner. Reports also say that the two have entered into an agreement with the Indian company Landmark Group. China has a number of options in the range of sedan, SUV, electric, plug-in hybrid and MPV. The first of these will be the SUV models. The company is likely to start operations in India by 2020.
