{"id":16428,"date":"2014-04-15T02:12:08","date_gmt":"2014-04-15T00:12:08","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=16428"},"modified":"2014-04-15T02:12:08","modified_gmt":"2014-04-15T00:12:08","slug":"is-india-the-new-china","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/is-india-the-new-china\/","title":{"rendered":"Is India the New China?"},"content":{"rendered":"

Mercedes to assemble in India: \u00a0German luxury car maker Mercedes Benz on Thursday announced commencement of assembly of the S-Class sedan in India and has slashed the car\u2019s price by `18 lakh to enhance its position in the country.
\nThe locally produced top-end model S 500 will be priced at `1.39 crore (ex-showroom, Delhi) and will be rolled out from the manufacturing facility in Chakan, Pune, Mercedes-Benz India said in a statement, adding that this strategic move will help to cater to the increasing demand.<\/p>\n

UK-based construction gear maker JCB will relocate its compaction equipment production unit to India, closing down its Gatersleben site in Germany.
\nThe move is aimed at strengthening the company\u2019s foothold in emerging markets.
\n\u201cJCB has decided that, by the end of June 2014, production of all VM Compactors and two larger VM Tandem Rollers will relocate to JCB\u2019s factory in Pune, India,\u201d the company said in a statement.
\nJC Bamford Excavators (JCB) CEO Graeme Macdonald said: \u201cThe decision to relocate production of compaction equipment to factories in the UK and India is right for our business. Demand for compaction equipment has shifted tow-ards emerging markets and manufacturing smaller models in the UK and larger equipment in India is in our customers\u2019 best interests, especially in light of our recent investments in new compaction products.\u201d
\nHe added that this will improve the competitiveness of JCB in the compaction sector and also create a far more sustainable position on which the company can build as it grows the business in the future.<\/p>\n

\"Mercedes\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mercedes to assemble in India: \u00a0German luxury car maker Mercedes Benz on Thursday announced commencement of assembly of the S-Class sedan in India and has slashed the car\u2019s price by `18 lakh to enhance its position in the country. The … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-16428","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t