INDIA: Hyundai poised to build diesel engines

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Growth in the Indian automobile industry was second only to China in 2010 as car sales surged 31% to 1.9m units. In December alone, domestic passenger car sales jumped 28.9% to 148,681 units compared to 115,337 units in 2009. So OEMs are making fresh investment in their local production facilities in India. Full story...