India's Detroits: Pune, Gurgaon, Chennai...and now Gujarat?
With the Nano, Gujarat's ambition found the launchpad it was looking for. Within a mere three years, it has attracted two more companies - Ford and Peugeot - to invest in the state. The biggest player, Maruti Suzuki India Ltd (MSIL), is also close to finalising a million-unit car plant in the state. If that deal goes through, cumulatively, the state would have received an investment of at least R16,000 crore by 2017 from Tata, Ford, Peugeot and Maruti, and the total vehicle production in the state would have shot from just 85,000 units in 2008 to 7,65,000 units by 2014.
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