UKIBC Sector View
Auto companies bullish on India
(JAN 2012)
The global recession, credit crunch and rising oil prices have made
life very difficult for the automotive industry. Most international
players have excess capacity and decreasing sales. With demand in North
America and West Europe dwindling, the global majors are focusing
sharply on the BRIC markets.
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Sector Member Services
The UKIBC launched a new service tailor-made for SMEs: the UKIBC Online Sector Service on July 1st.
This online service provides intelligence, events, reports, and creates "communities" by linking large and small companies around specific industry sectors.
The Sector Service offers:
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- A quarterly report on each sector, featuring market trends, case studies of UK companies succeeding in India, profiles of leading Indian businesses, and business opportunities.
- Free access to UKIBC events in your particular sector.
- Free access to networking events with visiting Indian delegations.
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Sector Opportunities
This year’s seen a healthy start for UK-Indian collaborations.
BP will make a £4.4 billion investment into India – one of the biggest foreign direct investments to date. They’ll partner Reliance Industries to search for deepwater oil and gas.
India’s budget airline, IndiGo, has ordered 180 aircraft from Airbus, costing £10 billion – the world’s biggest ever commercial plane order.
General Dynamics UK, a defence and security subcontractor, has signed a £4.9 million, seven-year contract with Hindustan Aeronautics Limited – its first contract with an Indian customer.
And Coal India Limited is offering global companies the chance to bid for underground projects to turn carbon sources like coal into gasses and hydrocarbons.
This year’s seen a healthy start for UK-Indian collaborations.
BP will make a £4.4 billion investment into India – one of the biggest foreign direct investments to date. They’ll partner Reliance Industries to search for deepwater oil and gas.
India’s budget airline, IndiGo, has ordered 180 aircraft from Airbus, costing £10 billion – the world’s biggest ever commercial plane order.
General Dynamics UK, a defence and security subcontractor, has signed a £4.9 million, seven-year contract with Hindustan Aeronautics Limited – its first contract with an Indian customer.
And Coal India Limited is offering global companies the chance to bid for underground projects to turn carbon sources like coal into gasses and hydrocarbons.
Sector Case Studies
- Pdf DownloadRenold
- Pdf DownloadTitan HMG Paints India Ltd
- Case Study Archive
UKIBC Sector Contact
- Prasenjit Dhar
- Email Link: prasenjit.dhar@ukibc.com
- Tel: +44 (0)20 7592 3040