INDIAN PARTS MANUFACTURERS PREPARING TO TAP GLOBAL MARKETS
October 1st, 2009
BY RAGHAVENDRA VERMA
INDIAN automobile component manufacturers, who have been catering to international car companies, are taking additional value out of the supply chain by getting involved in the designing of auto parts.
With strong engineering skills, design and development capability, Indian companies such as Tata AutoComp Systems, Sundram Fasteners and Bharat Forge, have established their own brand names and registered intellectual property rights for their products. By entering into international joint ventures and providing performance guarantees, many of ...
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