To make India a manufacturing hotspot for domestic as well as overseas players, the Make-in-India programme was launched in 2014. The future looks promising with Indian manufacturing sector geared up to hit the $1 trillion mark in the next ten years and generate 90 million domestic jobs. To achieve this, a smart factory set-up that includes CNC machine job, VMC job work, etc needs to be in place. This will help maintain operating costs and efficiency at every step of production. What needs to be observed is whether Indian manufacturers are up for the challenge and are digital-ready.
The automobile industry in India is one of the largest in the world. It accounts for 7.1% of the nation’s GDP. Also, owing to the growing middle class population, the two wheeler segment has 81% market share in the Indian Automobile market. Electric cars are steadily gaining momentum and in a few years it will take over. Also, the Government of India plans to make all the cars electric by 2030.
Pune is considered a Hub for auto component manufacturers. Here is a list of a few automobile component manufacturers. Click on the link to find your nearest auto components manufactures in Pune.
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