MUMBAI – India’s combined domestic and export sales jumped 22% in June to 219,242 cars and utility vehicles, compared with year-ago. Gains have continued despite several rounds of price increases since January. Indeed, most popular models currently have a 2- to 3-month waiting list. Auto makers are feeling optimistic, with the industry now planning a combined investment of Rs1.35 trillion ($29 billion) by 2015 for research and development, skills training and added capacity for vehicles ...
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