After luring top car-makers to set up base in Gujarat, the State will now house one of country’s biggest component parks. Automotive Component Manufacturers Association of India (ACMA), the nodal agency for the country’s auto component industry, plans to set up its first supplier park of over 1,100 acres of land, preferably in Ahmadabad. In a first, ACMA, which has about 700 members contributing 85 per cent of the total output in the organised sector, will hold its executive committee meeting in Ahmadabad in June 2012. The park aims to bring together automotive component manufacturers, suppliers and service providers in one location to achieve synergies and cost benefits.
Vinnie Mehta, executive director, ACMA, said, “The meeting and plan to set up the automotive suppliers’ park in the state is recognition of Gujarat as an emerging hub for auto.” About 55 auto component manufacturing companies, including Setco Automotive, Bajaj Motors amongst others, have expressed interest in setting up units in the park. The investment details are being finalised. “Almost all members of ACMA want to set up units in the park. We would like to be an integrated park, which will be a concentration of all aspects important to the auto industry,” added Mehta.
