Recent declaration by Hyundai Motors that it is shutting off operations from it Chennai plant and is shifting its exports to some other location has other reasons rather than to do with manufacturing cost . Labour cost is still lowest in this reason even you compare it with China , Thailand ,Mexico and other low cost m
anufacturing countries . Availability of numerous ancillaries to automobile sector also makes India an attractive destinations for foreign car makers .
Nano is an example so does other automobile manufacturers who putting up base or expanding their capacities .
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