Lexus' 'letting go' may be a good thing
Its move to consider assembling its ES brand in India would enable the marque to compete against the Germans for the India's growing middle class
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PRIME Minister Narendra Modi's ambitions to turn his country into a powerhouse of high-tech manufacturing via the "Make In India" campaign just received one hell of a boost.
Toyota Motor Corp's Lexus is considering assembling its ES brand there, to take advantage of lower import tariffs on auto parts, the Asahi newspaper reported, citing an unidentified official.
