Why Should You Participate?
India
is the most important automotive industry manufacturing hub in
South Asia. It is projected that the Indian middle class
will reach 550 million by 2025, from the present 200 million,
signaling a sustained growth for the automotive sector. Indian
automotive sales revenue is projected to reach $122-159 billion
by 2016 from an estimated $54 billion in 2007. India
produced 1,416,480 passenger cars and 545,176 commercial vehicles
during 2007. Major international automobile companies
including Ford, General Motors, Hyundai, Suzuki, Mitsubishi,
Toyota, BMW, Nissan, Renault compete with home- grown companies
such as Tata Motors, and the Mahindra Group. The Indian
auto parts sector recorded a sales turnover of $18 billion in
2007 including exports of $3.6 billion and imports of $4.9
billion. The ACMA-McKinsey projected that the Indian auto
parts industry has a potential to reach $40-45 billion by
2015. With a projected 7+ per cent GDP growth for the
current fiscal year, India continues to be a formidable market
for U.S. products and technologies.
You can’t afford to ignore this market!
Who Should Participate?
Opportunities are available for U.S. suppliers of
process engineering design, sub-assembly,
stampings, tool and die
maintenance and fabrication, plastic parts, progressive stamping
dies, cutting tools and lubricants, industrial safety equipment,
process controls and testing equipment, CNC machines, other
production machinery used in the automotive and parts sector,
general industrial supplies and aftermarket auto parts.
Webinar Information:
- Date: March 25, 2009
- Time: 10:00AM – 11:00 AM EST (7:00AM - 8:00AM PT)
- Location: Your Computer (as this is a web-based event, all you need is an internet connection and a telephone line). You will receive the log in instructions after you register.
- Participation fee: $35.00
Program:
- 10.00 a.m. EST - Welcome remarks - U.S. Commercial Service's Automotive Team. To review this presenation, please click here
- 10.05 a.m. - Market overview on Indian economy - U.S. Consulate General, Chennai, India . To review this presenation, please click here.
- 10.15 a.m. - Technology trends and business opportunities in the Indian auto industry - Automotive Component Manufacturers Association of India (ACMA). To review this presenation, please click here.
- 10.30 a.m. - India experience and opportunities - Ford India P Ltd.
- 10.45 a.m. Q&A
- 11.00 a.m. - Webinar concludes
NEW! To access the Indian automotive company trade leads disseminated to webinar participants, please click here.
REGISTER: Registration deadline has expired. If you missed this webinar, you can listen to the recording by calling toll-free: 1-866-391-4617.
| Questions? |
|---|
|
India: R. Swaminathan, U.S. Commercial Service Chennai, India. Tel: +91-44-28574477. Email: Swaminathan.Ramakrishnan@mail.doc.gov |
|
USA: Eduard Roytberg, U.S. Export Assistance Center California, Tel: 909-466-4138, Email: eduard.roytberg@mail.doc.gov |
To view/print flyer, please click here