India breeds technology for global use

HT reports that 'A global consortium of top students, professors and experts in various engineering fields plan to use the rapidly growing Indian automotive market as a launch pad for a new generation of cars that could revolutionise the international automobile industry.

Vehicle Design Summit, a Massachusetts Institute of Technology initiative, aims to develop a 4-passenger, 200MPGe, high-performance industry-standard car with minimal life cycle costs and wide appeal both in developed and developing countries.'