India - India - Auto component manufacturer looking for JV with UK based sensor manufacturer
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
- 10 September 2016
- Opportunity publication date
- 10 August 2016
- Opportunity type
-
Private Sector
- Industry
- Automotive
- Enquiries received
- 0
- Value of contract
- £100k-1m
- Your guide to exporting
Description
Established in 1990 the Indian company is based in Western India, the group is an emerging global automotive component manufacturer and supplier of exterior lighting systems, powertrains, electricals, body and chassis parts to leading passenger car and motorcycle manufacturers worldwide. The company has 35 manufacturing facilities, 11 engineering centres, around 10000 employees and 760 engineering experts located in 10 countries. They have one joint venture with a British company. The group had sales of USD 1.3 billion in 2014-15.
The company is looking to expanding their products and venture into sensor based applications. They are seeking joint venture with UK Manufacturers/ technology providers to manufacture Motion sensors, pressure sensors, temperature sensors, optical sensors, Tyre Pressure Monitoring System etc. for automotive applications. The Indian market currently comprises 2.6 Mn cars, 900,000 Commercial Vehicles and around 18 Mn two wheelers.
The Indian company would like to deal only with UK manufacturers and not any intermediaries.
For further information please contact Department for International Trade’s team in India.
- Opportunity closing date
- 10 September 2016
- Value of contract
- £100k-1m
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