The automotive industry is in crisis worldwide, yet business is booming in India. India is now the world’s third-largest automobile manufacturer, behind China and the USA. The country exports a wide range of vehicles, particularly small cars, to Africa, the Middle East, and Southeast Asia. Conversely, India is now also the world’s fifth-largest automotive sales market.
Major Styrian names such as AVL and KS Engineering have already recognized this potential and conquered the Indian market. Now more and more local companies want to follow their lead. This was the perfect occasion for our trade mission from March 8-15, 2025, in which, alongside AVL, local companies such as Dewetron, NextSense, TCM, and Terma also took part.
“We are driving forward the diversification of export markets necessitated by geopolitical shifts, particularly through our focus program on India. In addition to the automotive focus, the areas of environmental technology and skilled labor will also come into focus starting in the second half of 2025,” explains Karl Hartleb, Managing Director of ICS.
“The aim of the trip was to position our innovative Styrian companies and their products and services as effectively as possible in the Indian market,” reports Christa Zengerer, Managing Director of AC Styria.
We would like to express our sincere thanks for the support of the Austrian Foreign Trade Center New Delhi.