India - Technical collaboration in automobile products
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
- 01 July 2024
- Opportunity publication date
- 29 April 2024
- Opportunity type
-
Private Sector
- Industry
- Automotive
- Enquiries received
- 0
- Value of contract
- £5m-50m
- Your guide to exporting
Description
India is the world's third-largest automobile market producing a total 25 million vehicles including passenger vehicles, commercial vehicles, 3 wheelers, 2 wheelers, and quadricycles.
The Indian automotive industry is expected to reach £250 billion, where the auto components industry is expected to grow to £160 billion and the automotive aftermarket segment is expected to reach £25 billion by 2026 as per the government (IBEF).
This Indian company is recognised as India’s largest cable-maker and world's largest in the 2-wheeler cable market. It is a dominant player in the throttle control segment.
They're open for any technical collaboration and R&D partnerships with UK companies with new technologies dealing in:
- gear box
- braking system
- throttle controls
- linear actuation
- display cluster
- telematics
- gear shifter systems
- control cables
- lighting systems
- friction products
- USB charging modules
Their main focus is in control cables, throttle controls, braking and actuators.
The company wants to speak only to UK-based manufacturers, research institutions and patent holders. They will not engage with any third party intermediaries or consultants.
- Opportunity closing date
- 01 July 2024
- Value of contract
- £5m-50m
- The buyer is happy to talk to
- manufacturers
Express your interest
Express your interest to the Department for Business and Trade team in India.
All submissions will be reviewed and you will be notified of any potential next steps. You can only express your interest if you are a UK registered company.
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