Sourcing imperative, say global companies

Addressing the conference Mr. Sanjay Labroo, President, ACMA, emphasized on the growing interest of international players in the Indian automotive industry and ongoing government initiatives catering them. “Indian companies have a lot of potential and future looks great with our current GDP share of five percent of this sector pegged to reach 10 percent soon” , he said.

17 Jan 2008 | 4032 Views | By Autocar Pro News Desk

Giving the inaugural address to boost a purchaser and developer relationship in the Indian automotive industry, Mr. Surajit Mitra, Joint Secretary, Ministry of Heavy Industries & Public Enterprises said, “We want to break into new markets especially in the auto component sector with liberalized market policies and opening of Special ...

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