But Fisher Investments isn't content with just one Indian play. Instead, the firm is doubling down with Tata Motors ( TTM), a $70 billion automaker based in Mumbai. Fisher and company initiated a $21.3 million position in Tata -- that's close to 800,000 shares bought in the latest quarter. Tata Motors is the biggest carmaker in India, with more than 1 million cars sold for $27 billion in revenues last year. In addition to the firm's home base, countries like the UK, Spain, South Korea, and South Africa are big markets for Tata's cars. On the one hand, Tata is known for making some of the least expensive cars in the world, positioning that's garnered the firm leading market shares for entry-level personal and commercial vehicles. On the other hand, Tata also owns premium British marques in Land Rover and Jaguar, which the firm bought in 2008. >>5 Stocks Immune to Europe's Problems Jaguar and Land Rover gave Tata an immediate presence in the U.S. -- the world's biggest automotive market -- as well as emerging markets like China, where aspirational cars have found a lucrative market. The possibility of Tata's entry to the U.S. market with its sub $10,000 car offerings could shake-up the bargain-end of the spectrum in the next few years. In the meantime, Tata is another good way to leverage middle-income growth in emerging market countries.