Automotive Component Manufacturers Association of India (ACMA), the apex body representing the interest of Indian Auto Component Industry organised a ten-member CEOs’ delegation to Taiwan from July 20th – 23rd, 2015.
Led by Vinnie Mehta, Director General, ACMA, the delegation had representatives from several companies including Shriram Pistons, Global Autotech, Sandhar Technologies, Minda Industries, Minda Corp, Essae Digitronics and Raunaq Automotive. The delegation visited several manufacturers, research institutions and industry bodies engaged in auto components, especially auto-electronics.
During the four days of the mission, the delegates interacted with Taiwanese companies to explore their interest in partnering with Indian auto component manufacturers and investing in auto-electronics manufacturing in India. The delegation visited companies like Lorom Industrial, TECO, Lioho, TungThih, Porite, Mobiletron as well as organizations engaged in research and technical services such as Hsinchu Science Park, Industrial Technology Research Institute (ITRI), Automotive Research & Testing Centre were also arranged.
Apart from the above visits, ACMA along with the India-Taipei Association organised the ‘India – Taiwan Auto Industry Meet 2015: Make in India – Auto Parts/ Auto Electronics’ on 23rd July, 2015. Supported by the Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce, Government of India; Taiwan External Trade Development Council (TAITRA); Taiwan Telematics Industry Association (TTIA); Taiwan Transportation Vehicle Manufacturers Association (TTVMA) and the Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA), the seminar was attended by over 100 participants from the auto & electronics industry and government..
Commenting on the visit, Mehta said, “With Government of India mandating stringent norms for safety and emissions, as also with the growing electronics content in the vehicles for entertainment and performance management, it is imperative that the Indian auto component industry focuses attention on the auto-electronics vertical. Taiwanese manufacturers are world-leaders in electronics manufacturing and have a positive outlook towards India; some of the auto-electronics manufacturers from Taiwan have already set up their facilities in India. We hope that this visit will help galvanise investments in electronics manufacturing, a segment that India lags in.”