ACAB signed a memorandum of cooperation with the Association of Automotive Parts Manufacturers of India within the framework of the Buyers and Suppliers Meeting in the Indian city of Gurgon.
The Kazakh Automotive Business Association was represented by Executive Director Vladimir Gerasimenko, and the Indian side was represented by Mr. Vinnie Mehta, General Director of the Association of Automobile Spare Parts Manufacturers.
The Indian automobile market is one of the fastest growing in the world. A significant portion of sales comes from private labels. In the first half of 2016, 1,5 million cars were sold there.
For Kazakhstan, cooperation with India is currently interesting in terms of exchanging information on the production of budget cars.