Tuesday, September 2, 2008

Motown's big boys visiting India

Auto-majors from around the world are waking up to realize India's importance in the automobile industry, be it in the consumer section or the low-cost of manufacturing.

Come tomorrow and the crème de la crème of the global automobile industry would be making a stop over in India.

Apparently, the top bosses of Suzuki Motors, General Motors, Fiat Spa, Continental AG and Mercedes-Benz are arriving to take part in the annual Indian auto industry meet and would also be taking some key decisions during their stay here.

Suzuki Motor chairman Osamu Suzuki will be visiting India for the next three days for Maruti's AGM. Chairman saheb will also review some the key products of his Indian subsidiary.
Maruti is gearing up to roll out the next gen K-series engines, which would be strapped on to the 'A Star'. The compact car will be produced in India for exports to Europe and is due for launch during Diwali.

Fiat CEO Sergio Marchionne is also paying us (read: India) a visit and will be here till Friday.
Marchionne will be busy at the Tata-Fiat joint venture plant at Ranjangaon holding detailed meetings with Fiat officials and suppliers to assess Fiat's journey in India so far.

General Motors' president and COO Frtiz Henderson is arriving at a time when his company has just announced $200 million investment in setting up an engine and transmission facility and is also enhancing the car manufacturing capacity.
The next generation Chevrolet Tavera might be launched in Henderson's presence.

Christoph M Eisenhardt, executive vice president of Continental GmbH, and Rainer Schmueckle, CEO of Mercedes-Benz, are also expected to stop over for some Indian curry by mid-week. And if they get the time from the hot Indian curries, they might also review their future plans with officials of their respective subsidiaries here for India.

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