Nuevo León governor Samuel García introduced on his social media on Thursday that the auto elements producer Vimercati (owned by India’s Viney Company) will make investments US $200 million within the northern state.
García and different representatives from Nuevo León met with Vimercati executives in India as a part of a tour of the nation. The delegation additionally met with Indian Overseas Affairs Minister, Subrahmanyam Jaishankar.
Viney is but to verify the funding, in line with reporting by Reuters.
The governor reiterated his dedication to the state’s consolidation as an electromobility hub. Numerous main producers, together with , and have all introduced their intentions to heart electrical car manufacturing within the border state.
Vimercati is a Tier 1 firm, which means it provides auto elements on to main car producers. The corporate additionally operates manufacturing services in Romania and Italy.
“They make shows, ambient lighting, exterior elements and extra for the most important manufacturers on this planet: BMW, Lamborghini, Jaguar, Totoya, Nissan, Fiat, Mini Cooper, Land Rover and Alfa Romeo,” the governor stated.
García can also be making an attempt to encourage TATA, one other Indian automotive firm and the nation’s largest enterprise conglomerate, to arrange a brand new manufacturing unit within the state. The consultancy arm of the company, TCS, in Might.
The governor will probably be in Mumbai on Monday to tour TATA’s services. The Nuevo León delegation may also meet with Infosys and HCLTech – each amongst India’s ten largest corporations – to debate additional funding alternatives.
Nuevo León has attracted from overseas corporations, partly due to the state’s proximity to the U.S. García harassed that corporations constructing their merchandise in Nuevo León will probably be solely two hours away from the world’s largest economic system, with entry to one of many quickest and most secure border crossings.
“A variety of funding is coming, with many alternatives and high-impact jobs,” he posted on Twitter. “Welcome to Nuevo León’s second!”
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