Tuesday, March 11, 2025

India emerging as a global sourcing hub for auto components, says top executive of leading auto parts maker

Global automakers are increasingly using India as a sourcing hub for components, driven by cost competitiveness and advanced technology. Nathan Bowen of Tenneco highlights India's rapid growth in exports, particularly to North America and Europe. Despite potential tariff challenges, the company remains optimistic about significant growth and continued investments in the region.

from Auto-Industry-Economic Times https://ift.tt/OPF7zWC

No comments:

Post a Comment

Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...