Tuesday, August 26, 2008

According to UNIDO International Yearbook of Industrial Statistics 2008, India ranks 12th in the list of world's Top 15 Automakers, which is led by Japan followed by the US and Germany. Other countries making in the list are Mexico, France, Korea, UK, Canada, Spain, Iran, Sweden, Brazil, Italy and Indonesia.

It seems, in the leading developing countries category, India ranks fourth. India also figures world's top 15 Producers of Chemicals and chemical products, electrical machinery and apparatus, basic metals like iron and steel, non ferrous metals, coke, refined petroleum products nuclear fuel, cement, lime and plastic, etc. As China captures the top position, India ranks top 15 in the Textile Producers in the world.

So, there we go! Thanks to the modern technology, we keep getting smaller cars and you can say, Tata Nano coming soon with the rest in like Zen, i10, sparks, santro and there, thanks to the modern economics, we keep getting bigger and bigger EMIs.

- ilaxi

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