The upcoming safety and emission norms will increase demand for elements corresponding to airbags, engine techniques, exhaust management systems, and electronic and electrical elements, mentioned Hetal Gandhi, director, Crisil Research. China’s automotive parts sector is set to attain annual growth of 20 per cent for the next five years driven by demand for new automobiles and a growing secondary market.
company has been asked by a large vehicle manufacturing company to increase its production rate of elements for one particular automobile mannequin. Sales of this automobile model have been much larger than anticipated.
Through our dedication to Lean manufacturing and steady improvement, we are able to addressing the ever-altering needs of the automotive trade. Tier 1, 2 and 3 automotive element manufacturers from all over the world might be on the expo to show their very latest technologies and products. Plus quite a few different exhibitors shall be available to discuss how they will take part in value reduction inside supply chains, and the way they can provide new, different, price-efficient manufacturing and supply solutions. According to the Automotive Component Manufacturers Association of India (ACMA), the Indian auto-elements business is anticipated to register a turnover of US$ one hundred billion … Read More