Chresler sees India and China as future auto suppliers
Published On Feb 16, 2009 04:00 PM By Meenal
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US based car manufacturer Chrysler on Friday said that in coming years the Indian and Chinese auto suppliers could become major auto suppliers US market. According to company the growth of technology in these two countries is very fast and this is possible that they surpass many major auto suppliers in supplying auto components to US market.
According to statement given by Chrysler vice chairman Jim Press the countries like India and china have amazingly developed their new technologies and in coming time we will see suppliers from countries like china and even India.
According to Mr. press both India and china building their infrastructure and car companies of these countries has a very good presence in their own countries. He specially praised India for strengthening its truck and small car segment. Tata Motors , Mahindra & Mahindra and Maruti are some of Indian companies which are growing at a very good rate. Growth in auto component technology is very good.
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