4FEBRUARY 2024Driving Automotive Excellence Forward The auto components manufacturing sector in Haryana is currently witnessing substantial growth, establishing the state's prominence within India's automotive industry. Haryana has evolved into a thriving hub for auto components production, garnering attention from both domestic and international investors. Several contributing factors underpin the ongoing expansion of this market in Haryana. A key catalyst is the strategic location of the state, positioned in close proximity to major automotive clusters such as Delhi-NCR (National Capital Region). This geographical advantage not only ensures convenient market access but also facilitates efficient supply chain management for manufacturers. Government initiatives and policies geared towards promoting industrial growth have played a pivotal role in fostering a business-friendly environment in Haryana. The state has successfully implemented incentives, subsidies, and streamlined approval processes tailored for investors in the auto components sector. Consequently, this has stimulated the establishment of new manufacturing units and the expansion of existing ones. The presence of leading automotive companies and Original Equipment Manufacturers (OEMs) has further propelled market growth. These entities often establish comprehensive ecosystems by collaborating with local suppliers, creating a chain of suppliers for diverse components. This collaborative approach not only benefits the OEMs but also creates opportunities for small and medium enterprises in the region. Technological advancements and a concentrated focus on research and development have led to the adoption of innovative manufacturing processes within Haryana's auto components sector. This has resulted in improved quality and efficiency of produced components, aligning with the dynamic demands of the automotive industry.In this issue, we acquaint you with the top companies from this field. After studying the industry landscape in-depth, Industry Outlook has zeroed in on the top companies that have excelled with their meticulous approach. Having proven their dedication in order to meet the customer's expectations in an end-to-end manner, these companies have stood out from the crowd. We look forward to receiving your feedback and suggestions. Sudhakar SinghManaging Editoreditor@theindustryoutlook.comVol 2 · Issue 10 - 3 · FEBRUARY, 2024Publisher Alok ChaturvediManaging Editor Sudhakar SinghAssociate EditorIndranil ChakrabortyAssistant Editor Hima P MEditorial Team Design ManagerPrabhu Dutta A.R.N Ray Senior DesignerRajesh R B Visualizer Aruna Kumari KVarun BAdvertising QueriesPrajnya Paramita BholHitesh K Moray Jaya Arora Klintan DashGM Sales & MarketingVirupakshi Pattarsales@theindustryoutlook.com Editorial Querieseditor@theindustryoutlook.comCirculation Manager Magendran PerumalMagazine Price is Rs. 150 per issuePrinted and Published By Alok Chaturvedi on behalf of Biz Print Media Technologies Pvt. Ltd. and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Publisher Alok ChaturvediCopyright © 2024 Biz Print Media Technologies Pvt. Ltd. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher. P Tejaswini Roshan Akthar Nalini Bramhanapalli
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