China's car companies are eyeing the Indian market. Now China's biggest SUV company in the country is poised to make Great Wall Motors entry. The company is about to bring its first SUV to India by the end of year 2022. Great Wall Motors will bring SUVs here in the range of Rs 10 lakh to 20 lakh. In fact, India could become the world's third largest market in the next 3-5 years. Great Wall Motors will invest more than $1 billion in India. The company has formed its Indian unit under Hawal India, which will be headquartered in Gurugram. A team is being formed to prepare a working plan. The company is also planning to take part in Auto Expo 2020. Let's say that in the past, China's largest car company SAIC announced an investment of Rs 5,000 crore in the Indian market, announcing the investment that the Great Wall motors have followed. Go ahead to detail the full details

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The company's board had approved an investment of 1.6 million dollars to open offices in India in February. This office can be named India Hawal Auto, India Hwal or India Hwal Auto Sales. According to a news agency report, the decision of the name is contingent upon the approval of local authorities. The announcement of new investment from Chinese companies comes at a time when China, the world's largest car market, has been the first to fall victim in two decades. Despite the sluggish Indian market, these companies believe that it will help the third largest economy in Asia to meet its global ambitions.

A senior executive was just informed by the case in India that Great Wall Motors have headquarters and are looking for a place for a manufacturing plant. In this regard, preference can be given to Andhra Pradesh, Tamil Nadu and Gujarat. The company expects to offer its first SUV in India by the fourth quarter of the year 2022. The Great Wall can move on the same path that MG motor has adopted and it can offer a ready-made SUV in India in the range of Rs 10 to 20 lakh. The company is now giving priority to conventional condention engine (petrol-diesel) trains, but it is also rinse the option of electric vehicles for the Indian market. Batteries and electric vehicles The company has the ability to make.

For your information, the Great Wall sold 11 million vehicles in China last year. She had suffered a 1.6 percent decline in sales, though her overall sales in 2018 surged to double digites. The company exports its trains to about 60 countries. A person familiar with the matter said that considering emerging markets, a special architecture is being considered, and India can take the lead in terms of volumes from this platform. "There is now a focus on transforming Chinese products according to the Indian market, but in the future, there can be a special architecture for emerging markets that India will lead," he said.

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