Добавлено: Чт Окт 03, 2019 3:54 pm Заголовок сообщения: automotive component manufacturers in India
The lively automotive industry in India produced more than 25 million vehicles (two-wheel, three-wheel and four-wheel vehicles) in 2015, of which nearly three million were exported. This large-scale production is based on automotive suppliers, which today represent more than 5% of India's gross domestic product (GDP) and employ over one million people.
Despite the recent slowdown in key segments of the automotive industry in India, the automotive parts sector has a unique opportunity to maintain its growth path by rapidly increasing its export footprint while increasing its capacity to serve the domestic market returning to its growth forms. However, to achieve this, car parts manufacturers need to further increase their competitiveness and encourage strong innovation in their products and processes.
Strong performance, significant growth potential
In the Indian industry, automotive component manufacturers in India in India tripled in the past decade to $ 40 billion in 2015, while exports rose even faster to $ 11 billion. This was driven by the strong growth of the domestic market and the increasing globalization of many Indian suppliers (including exports). However, there is room for growth: Indian exports continue to account for only 1% of world exports of automotive parts.
Добавлено: Пт Окт 11, 2019 4:07 am Заголовок сообщения:
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