India turns to Africa to fuel its auto industry
Indian automakers are slowly tightening their grip on new car exports to Africa as they square off with China, Korea and Japan for opportunities in the continent.
Multinationals from emerging economies are hungry to go global, and in the past decade have been racing to the continent to fuel their growth.
While Africa still sources the bulk of its new vehicles from traditional markets in Europe and America, India has been making pronounced.... Read more »
Posted on : Wednesday , 24th August 2016