China's largest SUV manufacturer Great Wall Motors (GWM) on Wednesday said it will invest $1 billion in India, which is set to be among the top three auto markets globally.

The $1 billion (about Rs 7,100 crore) investment will be made in a phased manner in areas including research and development, manufacturing, and sales and marketing. "We firmly believe that India will become one of the top three auto markets in the world in the next 3-5 years... Our aim is to establish a comprehensive ecological chain covering research, production, sales and marketing...," Hardeep ...