India - High quality audio systems and speakers for cars
This is a business opportunity from an overseas buyer. Pitch for the business and explain how your company meets their requirements.
Details
- Opportunity closing date
- 31 March 2024
- Opportunity publication date
- 30 November 2023
- Opportunity type
-
Private Sector
- Industry
- Automotive
- Enquiries received
- 0
- Value of contract
- to be confirmed
- Your guide to exporting
Description
The Indian automotive speaker market is valued at £680 million in 2023. It is expected to reach £850 million by 2030 growing at a CAGR of ~5%. The automotive speaker market in India is experiencing significant growth, driven by the increasing consumer demand for enhanced in-car experiences.
This Indian company is a start-up in the automotive space dealing in automotive suspension products. They're now targeting the in-car audio systems and speakers market due to increased demand and enquiries.
The company would like to initially import high-end premium automotive audio systems and speakers and then have a technical collaboration in the long-term.
The Indian company wants to speak only to UK based manufacturers. They will not engage with third party intermediaries.
- Opportunity closing date
- 31 March 2024
- Value of contract
- to be confirmed
- The buyer is happy to talk to
- manufacturers
The deadline to apply for this opportunity has passed.
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