China Auto Makers Foton, Great Wall to Enter India

Two of China's biggest auto makers plan to sell their vehicles in India, a move which will likely allow them to diversify into this potential growth region for automobiles amid slowing sales in their home market. Beiqi Foton Motor Co. 600166.SH +7.08% acquired a plot of land in western India's Maharashtra state to build a commercial-vehicle factory, an Indian auto-industry executive said Monday.

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