The way ahead: Creating an open, connected & competitive India
Central to the economic growth taking place in India is the progress being made in the automotive manufacturing and supply chain sectors. Major investment from OEMs such as Honda, Ford and GM, which are pumping millions of dollars into new models and production capacity to meet both local and export demand, is being matched by Maruti Suzuki, Mahindra and Tata as they compete hard to sustain market share.
Ford intends to export at least 50% of production from its new plant in Gujarat and predicts that export volumes will triple over the next 5-10 years. This is just part of the investment which is helping India become South Asia’s vehicle export hub – especially for small cars.
At the macro level, the government’s recently-announced Automotive Mission Plan for the decade to 2026 calls for an industry some 4x bigger than the current size. Passenger vehicle production is targetted to be between 9.4-13.4 million units per annum (the base and optimistic cases) by 2026, with exports accounting for 35-40% of output.
Though automotive executives have seen relatively sluggish domestic economic growth in recent years, this still means growth levels far in excess of those seen in Europe and some of the other BRICs. India continues to see strong industrial development right now. Infrastructure improvements are steadily being made, including for ports, rail and new roads, which are helping to draw more OEMs to the region. Hyundai, for example, is reported to be considering another plant in India.
Progress has also been made through governmental reform, including improvements to road and rail networks and to transport policy, with widespread bureaucratic cuts to reduce state line red tape and concrete developments towards the long-awaited Goods and Services Tax (GST) – which will sweep away internal borders and be a massive stimulus to further investment, development and growth.
Now in its 9th successive year, the Automotive Logistics India conference is the principal annual meeting of senior supply chain and logistics executives from OEMs, Tier 1 suppliers and their LSPs. They come together to hear government plans, to update on the search for more supply chain efficiencies, and to find new partners and do business.
Carefully structured over two days to provide significant value for delegates, the conference begins with a cocktail reception on the evening prior to the first day at which important first introductions are made The main event contains presentation sessions, Q&A panels, round-table discussions and a mid-conference gala dinner. There is plenty of time for networking at coffee and lunch breaks, and all the presentations are made available to download and share after the event. All these functions and benefits are included within a single delegate fee.
With economic troubles in Russia and Brazil, and wobbles in China, India is in the spotlight as the market for opportunity and growth. The country is already more open, connected and competitive than many global executives realise, and that is set to improve in the coming phases of automotive growth.
Book your place at this year’s conference, and join over 300 of your peers, customers, suppliers and competitors who will be there.
- Automotive Logistics India is part of a global series of conferences – click on the links below to see information on the others. It will be streamed as part of our Live service, which allows comments and questions from in-conference and from participants around the world, and messaging between delegates at the venue. Automotive Logistics India Live will open for registrations shortly before the event.