COVID deals new blow to foreign carmakers' Indian dream

Carmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. But it is likely to be led by small, affordable cars - a sector dominated by homegrown leader Maruti Suzuki and rival Hyundai - rather than the premium models churned out by most foreign manufacturers, industry executives and analysts say.

via Economictimes