Nissan to invest Y30 bil in India plant

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    Xeno23

    Could be a very smart move; more open room for growth and market than China. But Y500K is like 290K Indian Rupees, while the average annual income across India is about 79K Rupees. This is only 3x, but as I understand it from Indian friends, financing is not yet consumer friendly there. Median income in tech centers like Chennai, Mumbai, and Bangalore for tech jobs can easily exceed that 290K by quite a bit.

    Then there's the traffic... time is ripe for getting in on the ground floor of a burgeoning consumer market.

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