outsourcing
Outsourcing auto parts from India booms as Japan takes lead
Filed in archive Outsourcing News by Danny on November 12, 2005
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Japanese bearings manufacturer NTN Corp will invest �3 billion to set up a factory in India.

According to Keizai Shimbun, the factory will start operations in March 2007 and will produce constant-velocity joint parts. The unit will be built because of rising demand from Japanese auto makers in the country.

NTN expects sales of �1.5 billion in 2007 and �4.5 billion yen by 2010.

Image Source: www.freeimages.co.uk





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