Automobile industry growth rate in india 20182019 Worldwide Automotive Consumer Study has been added to your bookmarks. In international operation, Sintex Wausaukee and Sintex NP are preferred supplier to globally recognised OEMs in the US and Europe (majority Fortune 500 businesses) on account of its expertise in manufacturing highly engineered composite, fibre-glass elements , stamping thermoplastic composite grades generally employed in aeronautics, building gear, agriculture, health-related injecting and mass transit. The Group’s key clientele comprise Caterpillar, Siemens, Alstom, Phillips Medical Systems, G.E. Health-related Systems, Rail Program International Inc., Acciona, Hitachi, NY City Subway Faurecia, Schneider, Legrand, ABB, Areva, EADS, Siemens, Snecma, ThyssenKrupp Automotive, Valeo, Visteon, Alstom and Common Motors, Toshiba and Harley-Davidson, amongst other folks.

Indeed, components manufacturing will supply an integral service by strengthening value chains. The reality that 70% of the parts in the domestic automotive market are imported shows that there is an urgent require for capacity development in tier-2 and tier-three firms along the value chain,” Gunther Barajas, vice-president at application firm Dassault Systèmes, told OBG.

Manufacturers and OEMs need to have to maintain their eyes on the massive image. A July 2017 McKinsey & Company report on the auto market in China located sales of locally made EVs would develop: The domestic industry’s growing production share of EVs rose from 18 percent in 2016 to 23 percent in 2017, delivering proof that Chinese brands could increase their presence in the EV segment as a lot more auto buyers recognize that Chinese carmakers make acceptable EVs.” And McKinsey continues … READ MORE >>>