In last 4-5 years, India has emerged as one of the most competitive market for auto parts manufacturers, as Indian automotive components are being widely preferred by numerous international auto majors.because Indian auto parts supplier promises to give genuine and inexpensive automotive components.
The SPX India is a UNIDO backed organization that is working as a technical information and match making center for the industrial subcontracting and supply chain management sector. It supports small and medium enterprises to get hold of the companies based in the international market. It has been more than half a decade, since India has been leading the global auto component manufacturing industry. This is because there are countless Indian automotive components manufacturing companies which, as suppliers of the domestic market, have emerged as the best auto components suppliers of the global market.
India has come forward as the major player in the international automotive supply chain, due to the presence of various auto component companies India. The firms listed in the database of SPX India are supplying high-value and inexpensive auto components to globally famed auto makers such as Toyota, Ford, Volkswagen, etc.
Most of the international auto manufacturers purchase Indian auto components to encounter the mounting demand for genuine auto components. As per the report of Automotive Component Manufacturers Association of India (ACMA), the projected business of the Indian automotive component industry would be approx. USD 40 billion, by the year 2015-16. Out of this, exports from the auto component companies India are expected to touch around USD 20 billion-22 billion by 2015-16. Commercial vehicle suppliers Delhi, Pune, Gurgaon are the major exporters of commercial vehicle.
Moreover, the initiative taken by the UNIDO–SPX is also helping the Indian Auto component manufacturers to get hold of the international auto majors by setting up industry oriented events, such as the Auto Expo 2010, which had beenorganizedin New Delhi, India from 5-11 January 2010. Moreover, in Auto Expo 2010, there were several delegations from auto companies based in all major parts of the world. These firms eventually got a chance to get into an agreement with various commercial vehicle supplier Delhi, Pune, Gurgaon to purchase Indian auto components.
There are numerous small and medium auto component companies India, which have received enormous benefits from the Auto Expo. These kinds of events help in building and firming relationships with world’s major anddomestic companies in the automobile sector.
For Future Information on up and Coming event Please visit
http://www.spxindia.org/
Email id- [email protected]
Address-East Block-7, Level-5, R K. Puram, Sector-1, New Delhi 110066
Phone No-91.11.26102805
