India car market seen poised to top US in 25 yrs

Newswire

* Auto sales in India set to double to 5 mln by 2020 * By mid-2020s, India will top U.S. as auto production hub * 'Center of gravity' in auto industry shifting DETROIT, Feb 16 (Reuters) - The auto market in India is on the brink of the explosive growth that characterized the Chinese auto market in recent years and will outstrip the United States by size over the next 25 years, according to a forecast by consulting firm Booz & Co. Auto sales in India are on track to at least ...

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