BREAKINGVIEWS-Carmakers show Indian manufacturers can compete

Newswire

By Jeff Glekin MUMBAI, Jan 31 (Reuters Breakingviews) - So far, India's economic growth has looked more to services than manufacturing. But balance is needed and carmakers may provide a blueprint. With low barriers to foreign capital, India is set to become the third largest car maker in the world and could become a major exporter. Full view will be published shortly. CONTEXT NEWS -- Overseas investment in India rose for the first time in three years in 2011, Ernst & Young reported on ...

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