In an interview to CNBC-TV18, Hitesh Goel of Kotak Institutional Equities analyses auto stock names like Tata Motors and M&M.
While small vehicles remain the straw that stirs the Chinese auto market, US automakers see opportunity in a growing taste for big sport utility vehicles in the world's largest vehicle market.
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.