BMW likely to source components from Indian suppliers
BMW is likely to outsource auto components from Indian suppliers in a large scale for its operations. At present about 10% components are being outsourced from India. As per BMW there is a huge potential for sourcing cast & forged components from India. However, as per the President, BMW India, at present there is no tier I supplier from India to BMW. The company is likely to manufacture approx 2000 cars in India In this year.
The international purchasing office of the BMW India is assesing several companies in India to shortlist potential suppliers for components.
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