GM India to source 95% of components locally for new models
America based car manufacturer, General Motors is now focussing on localisation of its components for the new models of its cars. This would turn out to be a golden chance for domestic auto component makers as GM India will source a major chunk of car components from Indian market. Recently Renault also stated that they will concentrate on heavy localisation of their components.
Ritesh
Published On Sep 06, 2011 14:04 IST
Published OnSep 06, 2011 14:04 IST
Last Updated OnSep 06, 2011 14:04 IST
1.3K Views
- Write a comment
Ashwani Muppasani, the Vice President (global purchasing and supply chain) of General Motors India told that the percentage of locally sourced parts and components in new vehicles can be as high as 95%. He empowered the SMEs (Small and medium enterprises) by saying that they should now stick to strict global quality and be certified for technical specifications (TS certified) meant for engineering industries. According to a recent study by Automotive Component Manufacturers Association of India (ACMA), the imports of auto components grew by 8.5 percent at $30.2 billion in 2010-11. General Motors India which is planning to bring many new cars after this.
Was this article helpful ?
<p>Having worked as an Auto Journalist for the past 5 years, Ritesh is keenly passionate about digging more on automobiles and things related. His journey as a journalist so far consists of different profiles that helped him groom on various platforms within the automobiles industry. He kept rolling on technical experience during his career as a Road Test Editor, which finally took him to a level where he turned to be an Editor-in-Chief of CarDekho.com, India's no. #1 automotive giant. </p>
<p>Another side of his creative life is easily visible the photography that he carries out in order to serve the CarDekho news readers with the latest and natural pictures of newly launched cars. Additionally, he is the one who foresees all auto news articles that are to be published making it sure that CarDekho readers get the latest and the best automotive news first. "Life is a highway, keep driving", Says Ritesh.</p>Read more
