As per as Businessweek, India is now ahead of China in automobile exports, but at the same time, Indian market itself is much smaller.
(Exports till Sep'09: India: 292k cars, China: 221k cars, also India is growing while China is shrinking)
Have a look at the domestic market:
India: 2 million cars
China: 10 million cars
So, in a nutshell, India has low demand and relies on exports , while in China, all cars produced are gobbled up by the huge Chinese domestic market and no one gives a damn about export.
Link to businessweek: www.businessweek.com/magazine/content/09_47/b4156062756429.htm
hey dear, no new posts, whats wrong this u???????
ReplyDeleteHey everyone sorry I have been away for so long but so much has been going on and no time to post. I moved to New Orleans the first week of July and my feet hit the ground running. I have been working on my old house in Florida for the last few weeks and I am exhausted after successfully getting a loan from Mr Pedro and his loan firm at 3% rate to help finish my house ! So no time to work out, no time to eat right etc.....I so want my life back and I am so proud of what Mr Pedro did to me by helping me with a loan. I am going to leave Mr Pedro email here so anyone looking for a loan can contact Mr Pedro on ...pedroloanss@gmail.com or whatsapp text...+18632310632. Hopefully I can get my life back on track. Miss you guys hope to back on soon.
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