This potentially is a good thing -- if you consider the alternative would be a scooter or an auto-rickshaw.

Quoted: A new car from Tata Motors of India would likely fail Western emission and safety standards, but it could be an affordable car for the developing world.

Quoted: The Indian company said it was entering detailed talks with Ford about the takeover of Jaguar and Land Rover.

Indian companies have been making record numbers of foreign acquisitions recently -- creating many multi-national Indian-headquartered companies in the process. This article focues on Tata's acquisition activity. Didn't know that Tata now owns Tetley Tea, formerly a British company.

Quoted: Now Tata - after buying two British industrial icons in steelmaker Corus and Tetley Tea - has emerged alongside rival Indian producer Mahindra & Mahindra and US buy-out group One Equity Partners on Ford Motor's shortlist to buy Jaguar and Land Rover, its UK luxury marques.

I am not sure more affordable car ownership is good for India.

Quoted: Automakers in India, one of the world’s fastest-growing car markets, are racing to respond to Indians’ desire for small and inexpensive cars, some as cheap as $2,500.