South Asian Business news and information

India has one of the fastest growing auto markets in the world. Last month, Tata Nano caused a sensation among the consumers. It is the cheapest car in the world. It will come to the market very soon. Honda is an active player in the Indian car market and now, Honda officials have some lofty goals for the next financial year (beginning from April 2008).

In the upcoming financial year, Honda bosses want to sell 90,000 cars in Indian market. They also want to increase their production capacity significantly. This is a good move from Honda. It is indeed the right time to invest in the Indian car market. This investment of today will surely help the company a lot in future.

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Reuters