Chinese auto maker, JAC might launch car in India
Anhui Jianghuai Automobile Company, one of the oldest automakers in China is eager to make their presence felt in India, especially in the passenger car and medium to heavy truck segments. Also known as JAC, the company has already sent top executives ahead to India to identify suitable locations to set up a plant for assembly of their range of vehicles via import of CKD kits from China.
JAC is third automaker besides Beiqi Foton and Great Wall Motors to plan entry into India’s domestic market. The company is headquartered in Anhui province of China and is noted for its cars and heavy duty trucks besides small component and engine manufacture. JAC has been in operation for the past 40 years and has an annual vehicle production capacity of over 700,000 units and 500,000 engine production in China.