Valiant-TMS Systems Pvt. Ltd. - Industrial Products

Interface Auto Industry¦¦¦¦Creative & cost effective design by well trained designers having International working ExposureLocal Team supporting customer engineersLocal Indigenised pricesYour Partner for the Entire Project LifecycleAThe government's policy to promote FdI in the auto industry has given it a great fillip. In your opinion do you think this will bea game changer for the industry.FDI Inflows to Automobile Industry have been at an increasing rate as India has witnessed a majoreconomic liberalization over the years in terms of various industries. The automobile sector in India isgrowing by 18 percent per year.100% Foreign Direct Investment (FDI) is allowed in the automobile industry in India. The production levelof the automobile sector has increased from 2 million in 1991 to 9.7 million in 2006 after the participation ofglobal players in the sector. FDI has led to a turnover of USD 12 billion in the Indian auto industry and USD 3billion in the auto parts industry.Opportunities of FDI in the Automobile Sector in India exist in¦ Establishing Engineering Centers¦ Two Wheeler Segment¦ Exports¦ Establishing Research and Development Centers¦ Heavy truck Segment¦ Passenger Car SegmentSo in our opinion it would be a game changer for the Industry.118 PURCHASE Annual 2012