Wednesday, September 09, 2009
India Outperforms China in Auto Exports
India is outperforming China in automotive exports. This shows that India doesn't have to come up by making lots of plastic dogshit, like China does. India can focus on value-added manufacturing, including supplying OEM systems. This will specialize India towards the upper end of the market. India can be the Target to China's Wal-Mart.
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China has more ambitious plans for its domestic auto makers; Warren Buffet among the believers and, yes, investors.
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