India Plans to Grab Automotive R&D Functions

Hello Cleveland, Detroit, Dayton, Central Indiana, North Carolina, South Carolina, and Alabama. Think the technology-based parts of your regional automotive industry cluster are secure in the face of globalization? Think again!

The Indian automotive industry must focus on R&D to make more original equipment manufacturers around the world to want to use India as a platform for outsourcing as well as a global R&D hub, said Deputy Prime Minister L K Advani while inaugurating the 7th Auto Expo 2004 in New Delhi.

Advani urged the Indian auto-component industry to partner not only Indian auto manufacturers but global OEMs as well. He said that the global rush towards lower costs component outsourcing provides Indian with a window of opportunity like never before. The Confederation of Indian Industry, the Auto Component Manufacturers Association, and the Society of Indian Auto Manufacturers are jointly inaugurating the Auto Expo.

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