Daewoo entered the Indian automobile market in 1995 with the launch of its sedan Cielo, receiving over 114,000 booking initially. However, Daewoo failed to meet ambitious sales targets, sold fewer cars than projected, and recorded losses. Reasons for Daewoo's downfall included stiff competition, unattainable targets, lack of marketing focus, and inconsistency. By 2000, Daewoo had exited the Indian market.