Anand Automotive Systems (22 December, 2009 )

India's leading auto parts manufacturers in Taiwan
India's leading auto parts manufacturers in Taiwan ~ Taiwan Vehicle Information and Communication Industry Association (TTIA) Expand opportunities for Taiwan companies to take the lead and the right to talk about the exchange of

India is the world's fastest growing auto industry in emerging markets, the annual production of about 8.3 million cars, is the world's largest commercial vehicle market with the tricycle, it is Asia's fourth-largest car market. Taiwan Vehicle Information and Communication Industry Promotion Office (TPO) to help industry cut into the Indian car market, especially in the 12/22-24's invitation to the Indian automotive tier maker Gabriel India Ltd.'s Technical director, Mr. Rajendra Abhange came to Taiwan to share India's car market latest Trend analysis-cum-future prospects; organizers make arrangements for representatives of Taiwanese companies with India, one to one chat opportunities, hoping to create the future of India's automotive capital of the new business opportunities in telecommunications markets.

The representatives to Taiwan Dr. Rajendra Abhange line from Mr. Anand Automotive Systems (*Note 1) Group, a subsidiary of Gabriel India's technical director, responsible for technical management within the Group, R & D investment, business expansion planning and technology development and other projects. Gabriel India Ltd. Compared with Anand Group's largest company, scope of business include passenger cars, sport utility vehicles, commercial vehicles and motorcycles. Even in the global financial crisis 2008 / 2009 occasion, Gabriel is still to create a turnover of 110 million U.S. dollars, compare the previous year, growing by nearly 12.4%; over the previous year while net profit increased by 26.7%, increased to 1 million.

Anand Group has proudly declared: in India on the road, each car has Anand products. The Group is the leading Indian automotive component manufacturing, a total of 18 companies and 36 factories, customers include: Toyota, Tata, Honda, GM, Hyundai, FIAT, Suzuki, Piaggio, Yamaha and so on. Group annual turnover of 600 million U.S. dollars, more expected in 2012 will reach 10 billion U.S. dollars.

According to statistics, since the car penetration in India is only 9%, far below the United States, 78.7%, and the Western European countries and Japan 60%, indicating that the Indian market still has much room for growth; auto industry research institutes are also forecast to CSM Worldwide 2013, India's auto sales will exceed 14.5% of the annual growth of 8% of China's next five years, the number of the new car could reach 3,800 million. The Anand Group, an important member of the invitation by the TPO office to Taiwan, the purpose of inquiries the Department of Taiwan, auto parts, industrial automation, machine tools and other three major areas of competitive advantage, as well as Taiwan and India makers of potential future opportunities for cooperation.

Taiwan Vehicle Information and Communication Industry Association (TTIA) members of the Han-Na-owned telecommunications, gas / Machine / Self-vehicles, systems integration, network services, sightseeing, transportation and other industry far, Foxconn, ring Asahi Electronics, will Xiang, Wei Bao telecommunications, CRE, ICP ultra-Shun and hundreds of family business and relevant industry, government and science research units are actively involved in the operation of the League; TTIA president Xuming Ren said, TTIA hosting this event, so that a better understanding of Taiwanese manufacturers TTIA member of indicators-based enterprises in India business strategy and market point of view and hope that through one to one interviews, the depth of cut into the Indian market to achieve the status and needs first-hand information, I believe that Taiwan's industrial sector can create the future opportunities of cooperation with India.

(* Note 1) Anand Automotive Systems / Gabriel India Ltd. Company Profile:

Anand Automotive Systems established in 1961, India's leading auto parts manufacturer, owned a total of 18 companies and 36 factories. To provide all vehicle and engine spare parts manufacturers, the Group's annual turnover of 600 million U.S. dollars, estimated in 2012 will reach 10 billion U.S. dollars. International customers include: Toyota, Tata, Honda, GM, Hyundai, FIAT, Suzuki, Piaggio, Yamaha and so on. Gabriel India Ltd. For the Anand Group's largest company, scope of business include passenger cars, sport utility vehicles, commercial vehicles and motorcycles. Gabriel in 2008 / 2009 is still to create a turnover of 110 million U.S. dollars, compare the previous year, growing by nearly 12.4%; over the previous year while net profit increased by 26.7%, increased to 1 million.