Nghe An Provincial Party Secretary Thai Thanh Quy visited and worked at an Indian auto parts manufacturing corporation with a revenue of 70 billion USD.
(Baonghean.vn) - Visiting and listening to the introduction of products from Motherson, one of the world's leading corporations in the production of auto parts, Provincial Party Secretary Thai Thanh Quy wishes to cooperate with the corporation in Nghe An.
Continuing his working trip to India, comrade Thai Thanh Quy - Member of the Party Central Committee, Secretary of the Provincial Party Committee, Chairman of the Provincial People's Council, Head of the Provincial National Assembly Delegation and the working delegation of Nghe An province visited and worked at Motherson Group.
The delegation of Nghe An province included comrade Pham Trong Hoang - Member of the Provincial Party Standing Committee, Chairman of the Provincial Party Inspection Committee and leaders of a number of departments, branches and localities.
Also attending the event was Mr. Nikhil Kanodia - President of the North, Indian Chamber of Commerce (ICC). Receiving and working with the delegation, on behalf of Motherson Group, there was Mr. Sanjay Mehta - Head of Office in charge of Asia region and leaders of the group.
Motherson Group was established in 1975, headquartered in Noida, Uttar Pradesh, India. It is one of the world's largest companies specializing in the production of automotive components, including: wiring systems, rearview mirrors, injection molding, polymer processing and other interior and exterior parts for cars supplying to Audi, Daimler, BMW, Porsche, Land Rover, Ford, Volkswagen, Toyota, Hyundai ...
In addition, the group also expands its operations into the fields of manufacturing robots, IT, aerospace, defense, logistics and medical products. In particular, in the field of aviation, Motherson is a partner of the world's leading aircraft manufacturers Boeing and Airbus.
Motherson Group has more than 350 manufacturing facilities in 42 countries around the world with about 180,000 employees; has a revenue of up to 70 billion USD, most of which comes from the production of auto parts, especially electrical wires.
After hearing about the history, development process, companies in the ecosystem and strategic vision of the group, Provincial Party Secretary Thai Thanh Quy expressed his joy when visiting Motherson, affirming that this was a very useful activity during his working trip to India; and at the same time congratulated the strong development steps of the group headquartered in the South Asian country.
Although Motherson is not currently present in Vietnam, with its current development, the Secretary of Nghe An Provincial Party Committee expressed his confidence and hope that the group will soon be present in Vietnam.
“And when you come to Vietnam, please come and study the conditions to consider investing in Nghe An,” said Provincial Party Secretary Thai Thanh Quy, while introducing the natural conditions and competitive advantages of Nghe An.
In particular, the province has a diverse transportation system of all types, modern and well-invested infrastructure serving industrial development; abundant labor force and large training facilities, providing quality human resources, meeting the needs of investors.
In addition, when "investing capital" in the province with the largest area in Vietnam, investors also enjoy preferential policies on taxes and competitive land rental prices. With these advantages, in 2022 and 2023, Nghe An attracted nearly 2.5 billion USD in FDI, mainly in the fields of electronic components manufacturing, energy, and auto parts factories.
Nghe An is also proud to be the hometown of President Ho Chi Minh - who, together with Indian leaders, laid the foundation for building the friendly, traditional, united and cooperative relationship between Vietnam and India to this day.
Thanking the Indian Chamber of Commerce (ICC) for facilitating the connection and the leaders of Motherson Group for receiving and working with the delegation, Nghe An Provincial Party Secretary Thai Thanh Quy wished the group continued strong development; at the same time reaffirmed the desire to cooperate with Motherson in Nghe An.
Impressed by the information introduced about Nghe An, Mr. Sanjay Mehta - Head of the Asia Regional Office said he would consider organizing research and looking for investment cooperation opportunities.
