Cummins has indicated its intention to be part of the burgeoning Indian automotive market.
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The company’s chief financial officer Rajiv Batra told Reuters on the sidelines of a summit this week: “We have made a small start. In two to three years it should be a significant stream. The bus market in particular is interesting.”
Cummins India, which is majority-owned by US-based diesel engine maker Cummins, has already begun selling small engines to India’s top bus and truck maker Tata Motors.
In an interview with just-auto last week, Hugh Foden, executive director, engine business at Cummins Engines in the UK, said that India was one of a number of emerging markets the company was focussing on.
“We have been focussing on the so-called BRIC – Brazil, Russia, India and China – economies for a lot longer than many others in our industry so we have an awful lot going on in those four places, lots of joint ventures in China, lots in India – we announced one in Russia with Kamaz not so long ago. And we’ve been in Brazil a while.”
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By GlobalDataRead the Hugh Foden interview here.
