MarketsandMarkets Published Outsourcing automotive manufacturing: A huge opportunity for India and China

With the impact on globalization, outsourcing was seen as one of the early impacts. Automotive manufacturing was no alien to this outsourcing phenomenon. China and India, owing to their well-developed infrastructure and easy availability of trained and educated labor at reasonable rates, has become the new hub of global manufacturing for the automotive industry.

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Almost all the leading automotive car manufacturer have their production base in either of these two countries. To tap these opportunities, a large of auto component manufacturers have opened up their production plants in India and China. This has transformed into a huge multi-billion dollar market and is growing at a steady pace. Our report covers the different categories of automotive manufacturing in India and China and also analyzes the current trends and forecasts. We also have covered in-depth the government regulations towards the outsourcing trend in both the countries.

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