Automakers Make India their Export Hub

With India’s low-cost manufacturing and the government’s push towards Make in India, overseas companies are actively looking at serving their global markets from India.

Swedish auto major Volvo, which started operations in India through the import of a luxury bus from Hong Kong back in 2000, executed the export of two fully-built inter-city luxury buses to Europe. Its Bangalore-based plant will undertake more of such orders, which is notable because its parent company has a plant in China, too.

Volkswagen’s Scania, has a manufacturing facility in the southern state of Karnataka and is working towards exporting fully-built buses to Europe.

Headquartered in the U.K., earth mover JCB’s India subsidiary has just started exports to Russia. Vipin Sondhi , managing director and chief executive of JCB India, said, “We are exporting components to the U.K. from Pune near Mumbai, where they are assembled to be shipped to other parts of the world; and we are exporting components to the U.S.”

Daimler India Commercial Vehicle has ramped up parts supplies from India — it now reaches across the globe including Europe and the U.S. Around four million parts have been exported by this company to other global Daimler entities worldwide, reports Business Standard.

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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