France based leading automaker Renault expects that India will be its 11th largest market by year 2013, gaining 20 places from the existing position.
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The company has set a target to sell over three million vehicles in 2013 globally, compared to 2.6 million units in 2010.

This is indeed very good news for India. :)
I think India is very cheap for starting any venture..so all these foreign gaints are starting their business
Rajani K wrote:
[quote]I think India is very cheap for starting any venture..so all these foreign giants are starting their business[/quote]

More population and economic progress make India an attractive market.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

gulshan kumar ajmani wrote:
[quote]Rajani K wrote:
[quote]I think India is very cheap for starting any venture..so all these foreign giants are starting their business[/quote]

More population and economic progress make India an attractive market.[/quote]

I completely agree with the statement stated by Gulshan.
Yes, I too agree with views of Rajani and Gulshan. This is how all companies entered India to promote their products.
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