Gujarat will house one of country’s biggest component parks. Automotive Component Manufacturers Association of India (ACMA), the nodal agency for the country’s auto component industry, plans to set up its first supplier park over 1,100 acres of land, preferably in Ahmedabad. In a first, ACMA, which has about 700 members contributing 85% of the total output in the organised sector, will hold its executive committee meeting in Ahmedabad in June. The park aims to bring together automotive component manufacturers, suppliers and service providers in one location to achieve synergies and cost benefits.
About 55 auto component manufacturing companies, including Setco Automotive, Bajaj Motors among others, have expressed interest in setting up units in the park. The investment details are being finalised. Over 100 units of component-makers in Saurashtra and a dozen in Ahmedabad. Auto components industry in the region is growing at 30-40%per annum
Several European firms are eyeing Gujarat. MATE, a division of Motherson Sumi Systems Ltd – a joint venture between Samvardhana Motherson group and Japan’s Sumitomo Wiring Systems and European engineering company Oerlikon Graziano are exploring opportunities in Sanand. Chinese company Sichuan Jian’an Industrial Ltd, which makes axles for light vehicles and mini-vans, plans to set up shop in Gujarat.
About 55 auto component manufacturing companies, including Setco Automotive, Bajaj Motors among others, have expressed interest in setting up units in the park. The investment details are being finalised. Over 100 units of component-makers in Saurashtra and a dozen in Ahmedabad. Auto components industry in the region is growing at 30-40%per annum
Several European firms are eyeing Gujarat. MATE, a division of Motherson Sumi Systems Ltd – a joint venture between Samvardhana Motherson group and Japan’s Sumitomo Wiring Systems and European engineering company Oerlikon Graziano are exploring opportunities in Sanand. Chinese company Sichuan Jian’an Industrial Ltd, which makes axles for light vehicles and mini-vans, plans to set up shop in Gujarat.
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The Indian auto component business has seen some gold coating with exports, which is growing at 15-20 percent. However, some of the household players say, although the first one fourth was good for exports, there are symptoms and symptoms of recession in the worldwide market too, especially in the Asia-Pacific area. Global Auto Component Industry
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