World Trade Center (WTC) Mumbai, in collaboration with WTC Monterrey, successfully organized an insightful webinar highlighting opportunities in Mexico’s thriving automotive industry. The event witnessed participation from over 70 industry representatives, including manufacturers, auto component suppliers, and potential investors. Dr. Eugenio Reyes, Director of World Trade Center Monterrey, shared valuable insights to support international collaboration in the automotive sector.
Mr. Manuel Montoya, CEO, Automotive Cluster of Nuevo Leon,highlighted Mexico as the fifth-largest vehicle producer, with over 4 million vehicles made, exporting 3.5 million units, primarily to the United States, Canada, and Germany. The session emphasized Mexico’s strategic strengths: competitive labour costs, a robust export infrastructure, and a deeply integrated supply chain within North America. With over 20 OEMs and more than 600 suppliers operating within 12 automotive clusters, Mexico offers a mature ecosystem for automotive production. He discussed significant opportunities for Indian Tier-2 and Tier-3 suppliers, especially in aluminium casting, aluminium forging, hot and cold forging, fine blanking, and tooling (molds & dies), as demand continues to outpace local supply in these areas.Amid tariff pressures on Chinese imports, Mexico presents an ideal entry point for Indian investors to serve the U.S. market.
The event concluded with an engaging Q&A session, setting the stage for deeper collaboration between India and Mexico in the automotive, EV, and Hybrid sectors.