The lucrative Indian automobile industry has attracted much investor attention. Carnation Auto is one such automobile company that is on a high after receiving private equity investment. In this story, IVCJ Research analyses the deal between Carnation Auto and private equity companies, PremjiInvest and IFCI Venture Capital Funds, in detail. Mr. Jagdish Khattar, Promoter, Carnation Auto, reveals the future plans of the company, in an exclusive interview with IVCJ Research.