2 BHK Flat in Bangalore: top destination of Real Estate!

Indian Real Estate to Become the Top Destination of the Automotive Industry

Much has been written about the booming automotive industry in Indian in recent months, but new reports from Bloomberg and The Wall Street Journal show that this story is just beginning to unfold. According to Bloomberg, vehicle production in Indian is on track to reach a record number of more than 2.86 million units in 2012, and shows no signs of slowing down in the coming years.

Honda Motor Co. is building its first assembly plant here, Nissan Motor Co. is working to add a third factory located in Indian real estate, Ford Motor Co. now manufactures its mid-sized sedans here and Audi, will open its first luxury plant If that is not enough to convince you that the domestic auto industry is growing by leaps and bounds, the Wall Street Journal reported that Toyota Motor Co. and Mazda Motor Corp. have recently agreed that Mazda will begin to make Toyota cars at its plants in Indian at the beginning of 2015.

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"With the investment amounting to $ 500 million, the Mazda Indian plant is scheduled to start FY 2013 operations in April next year," the WSJ reports. "The agreement will help strengthen Toyota's North American alignment, [and] Mazda will also benefit from increased efficiency and profitability."

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Indian's attractiveness derives in part from its trade agreements, which cover 44 countries and make it an attractive export platform as car manufacturers can ship cars to South America, Asia and Africa, as well as Europe, the US. In addition, Indian's workforce enjoys a high reputation for its newly discovered excellent quality, according to Bloomberg, and is going from its long decades of paperwork as a mere low-cost labor destination.