According to India’s “Economic Times†reported on Tuesday, Bei Ben Heavy-Duty Truck Group Co., Ltd. is planning to introduce some of its train types to the Indian market. It hopes that the new government of India will pay attention to infrastructure construction to reverse the weakness of the domestic market.
As the growth rate of China’s domestic market has gradually slowed down, Chinese auto makers have turned their eyes more towards India’s rapidly growing overseas markets. At present, Chinese companies have begun to make efforts in the commercial vehicle market in India. Beiqi Foton will soon open a new factory in India at the end of this year. JAC also intends to enter the Indian market.
In addition, SAIC Group has introduced several models to India through cooperation with General Motors India, and Great Wall Motors is also planning to push its Hover H5SUV to the Indian market.
Amit Kaushik, chief analyst of the IHS automotive industry, said that due to the urbanization of the Indian government and the improvement of infrastructure planning, the potential for growth in the Indian market is objective. Many Chinese truck manufacturers therefore wish to enter India.
Bei Ben Heavy Duty Truck is a large-scale, high-end pillar heavy-duty commercial automobile manufacturing enterprise directly under China North Industries Group Corporation. Its heavy trucks include more than 1,000 kinds of vehicles including cargo handling, dumping, traction, and special chassis.