It's a British brand that SAIC acquired from Chinese firm Nanjing Automobile about a decade ago.Chinese automobile market is slowing down. Of the $278 million Chinese FDI that entered India in 2016-17, 60% was in the automobile sector.However, Indian market would not be as easy for Chinese auto companies as it has been for toy makers or smartphone makers. Maruti's hegemony over Indian market through value-for-money products will leave little scope for Chinese auto makers to acquire any significant footprint in the Indian market.Yet, Chinese companies cannot be taken lightly. Many of Chinese auto makers have acquired stakes in global auto brands which have presence in India. India's massive push to shift to electric vehicles will open up vast opportunities for Chinese companies which have already developed expertise in the new technology as China has become the world's biggest market of electric vehicles.

Source: Economic Times March 22, 2018 12:31 UTC