March 29, 2024

China's auto parts company Weichai layout India market

On August 20, 2010, Qian Cheng, vice president of Weichai Power Co., Ltd., told the author by telephone that now a dedicated team of Weichai Power has been inspected in India in order to increase the sales of its auto parts and other products in India.

Qian Cheng said: “As early as a few years ago, Weichai Power had already started to attach importance to the Indian market, but at the time the Indian market was slow to develop. Now that the Indian auto market has started, it is the Chinese parts companies that are making great efforts to enter the Indian market. Timing - According to local transportation conditions in India and local market demand, China's spare parts are more suitable for the Indian automobile market." But Qian Cheng said it would be inconvenient to disclose more details on this.

In fact, not only Weichai, at present, China's auto parts production companies are actively looking for partners from India. In early June, Yangzhou Yapu Auto Parts Company established Yap-Zoom Automotive Systems Co., Ltd. in India with Zoom:49 of Mumbai with a share of 51:49. The company is located in Ford New Supply Industries Park (M), which is mainly produced in Ford New Supply Industries Park. Plastic fuel tank.

Affected by the insufficient production capacity of parts and components, the rapid development of the Indian automobile market in 2010 was a difficult phenomenon. Pawan Goenka, President of India's largest multi-purpose vehicle manufacturer Ma Hengda and Chairman of the Indian Automobile Manufacturers Association, predicts: "In at least 3-4 months, the shortage of spare parts for auto parts in India and the long waiting time for customers to pick up cars will be a problem. Can't get relief."

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