Germany's Sixt eyes 10 pct of India's car rentals

Newswire

NEW DELHI, Oct 26 (Reuters) - German car rental firm Sixt hopes to win at least 10 percent of India's car rental and leasing market by 2011, an official said on Thursday. "We are transferring the know-how of this business (to the Indian partner). In return there are certain royalties and fees on a percentage of turnover," Sixt's vice president, Rudiger Proske, said as the firm marked its formal arrival in India. "Over the next five years we see at least 10 percent market share in car ...

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