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INTRODUCTION
The EU is the largest automotive production region in the world. India produced 10 million of 2-, 3- and 4-wheelers in 2008, of which 1.5 million cars.
The growth potential is immense, considering that the ownership rate is still very low (8 vehicles per 1000 inhabitants). The medium-term objective is to reach an ownership rate of 80 per 1000. The automotive sector represents 10% of the Indian GDP and its growth rate is about 20% per year.
In a difficult world context for the automotive sector, it is necessary to prepare for the future. Rapid, and radical changes in the technologies associated with this market are anticipated for the next ten years. Business opportunities are considerable so as to meet the production cost control requirements but also the new vehicles development that are more environmental and more efficient.
EITS provides you with the best synergies in terms of competitiveness but also of design, engineering and technological know-how for a world automotive market which must reinvent itself.
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