On low gear for 40 yrs, auto industry zooms to become small-car hub

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SUMANT BANERJI Tags : Posted: Wednesday, Aug 15, 2007 at 0048 hrs

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1970-80 Two wheeler segments witnesses first signs of activity. Kinetic, LML start ops

1980-90 Japanese enter India with a flurry of JVs like Maruti Suzuki, Hero Honda etc

1990-2000 International players GM, Ford, Honda, Skoda, Hyundai and DC enter India.

2000-06 Reforms in 2001 sees exponential rise. Domestic sales on a high and exports begin. Within 60 years India on the verge of becoming the hub for small cars

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