ACMA Automechanika 2013: Seminar :‘Opportunities & Challenges for Indian Auto Component Industry and Aftermarket’

It is well known that the Indian auto component industry is one of the few sectors in the economy that has a distinct global competitive advantage in terms of cost and quality. The value in sourcing auto components from India includes low labour cost, raw material availability, technically skilled manpower and quality assurance.

Though the sector is experiencing challenges of cost pressures, which are partly linked to the ongoing volatile global macroeconomic situation, these have not dented the confidence and spirit of the auto component industry, which continues to invest, grow, adapt and become more cost competitive.

The aftermarket segment presents vast growth opportunities and the seminar brings together industry experts from both India and overseas to share valuable insights and international best practices to help Indian auto component manufacturers tap not just these immense aftermarket opportunities, but also realise its full potential in the emerging export markets.